This article is from the Australian Property Journal archive
THE talents behind popular CBD restaurant and bar Longsong have leased space along Carlton’s main strip to open a new modern Asian cuisine venture, Lagoon Dining.
The partners of the new venture include Chris Lerch, venue manager of Longsong and former manager of Flinders St fine dining spot Ezard, and Longsong head chef Ned Trumble.
Agent Chris James of Fitzroys negotiated the lease at 263 Lygon St Carlton, striking a five-year lease with further options at $83,000 per annum plus outgoings and GST, for the 95 sqm ground floor space.
“We’ve seen a new generation of bar and restaurant ventures add a fresh twist to Lygon Street and Carlton’s hospitality scene,” James said. “This venture will bring modern Asian cuisine to the heart of Lygon Street, near D.O.C. Espresso and The University Café, further enhancing the mix of the iconic Italian influence synonymous with Lygon Street and Carlton and a new breed of hospitality offerings that are revitalising the strip.”
Other recent entrants include Heart Attack and Vine, Israeli-influenced vegetarian pub Green Man’s Arms, the recently re-opened King & Godfree building, wine bar Lord Lygon and Hakata Gensuke, while in the immediate surrounds are The Carlton Wine Room and DOC Pizza & Mozzarella Bar.
James said the long-term lease in the prime section of the strip reflects the operators’ confidence in the transformation of Lygon St. Jame and Fitzroys colleague Terence Yeh have also been marketing 259-261 Lygon St next door, which is under offer.
