This article is from the Australian Property Journal archive
BANKMECU, Australia’s first customer-owned bank, has secured space at 104 Little Collins St in Melbourne's CBD.
Fitzroys agent Mitchell Humphreys leased the vacant premises to Bankmecu, who are currently fitting out the space and expecting to open later this year.
Bankmecu has over 25 branches across Australia.
The 123 sqm retail space is prominently positioned on the corner of Little Collins Street and Southern Cross Lane.
Humphreys said that the client Brookfield was pleased to secure a strong tenant to anchor the Southern Cross food and retail laneway.
“It is critical to be proactive and sensitive to the ongoing tenancy mix in these establishing precincts when securing new tenants. The vibrant precinct taking in the Southern Cross food laneway and the top end of Little Collins St continues to attract strong tenant demand, with no retail vacancies,” he added.
Humphreys said rents in the area were still achieving well in excess of $1,000 per sqm.
Property Review
