- Seeing a trend of increased occupation from service businesses in traditional retail spaces
- Lease terms typically 3 years up to 7 years plus Options
- Incentives typically 2-3 months rent free, but dependent on Lease terms & conditions
- Strong purchase demand from investors seeking yields typically around 3.0-4.0%
Recent Retail Properties Sold by GK
274 Whitehorse Road, Balwyn
Sold: $3,010,000
743-745 Nicholson Street, Carlton
Sold: $2,135,000
503 High Street Road, Mount Waverley
Sold: $1,200,000
902-904 Nepean Highway, Hampton East
Sold: $2,150,000
Inner Eastern Lease Results
Shop 20/ 674-680 Glenferrie Road, Hawthorn
65sqm | $692/sqm
1384 Malvern Road, Malvern
219sqm | $274/sqm
921 Burke Road, Camberwell
176sqm | $256/sqm
124 Cotham Road, Kew
75sqm | $400/sqm
City Fringe Lease Results
337 Smith Street, Fitzroy
118sqm | $335/sqm
498 Bridge Road, Richmond
64sqm | $547/sqm
143 Chapel Street, St Kilda
64sqm | $438/sqm
744 Bourke Street, Docklands
65sqm | $523/sqm
Outer Eastern Lease Results
34 Main Street, Croydon
97.5sqm | $246/sqm
104 Maroondah Highway, Ringwood
255sqm | $392/sqm
Shop 7/ 35-37 Drysdale Road, Warrandyte
59sqm | $438/sqm
Shop 4/ 325-327 Manningham Road, Templestowe Lower
76sqm $447/sqm
Contact our team of Retail specialists for all your Retail Sales, Leasing and Property Management needs.
