This article is from the Australian Property Journal archive
WESTPAC's subsidiary Bank of Melbourne has signed a new long term lease over a retail property located at 17 Atherton Rd Oakleigh.
The lease was negotiated by Crabtrees Real Estate director Chris McKenzie.
BOS signed a seven year lease with four five year options, over a floor area of 360 sqm.
The commencing net annual rental is $115,000.
The privately owned property which is currently a Blockbuster Video outlet occupies a key position in the Oakleigh Central Business District and is adjacent to the mall.
McKenzie said the proeprty will be redeveloped as a banking chamber and supporting offices.
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