This article is from the Australian Property Journal archive
LENNOX College will relocate from St Kilda Rd and into the CBD after leasing a whole floor office at 260 La Trobe St.
Fitzroys’ Stephen Land negotiated the four-year lease over 406 sqm within the A-C Building at $152,250 per annum plus GST, on behalf of Landream.
The space had been previously tenanted by ProBuild as a site office for UEM Sunrise’s 88-level Aurora apartments and serviced apartments development next door.
The lease comes shortly after Fitzroys’ Alex Shum and Terence Yeh negotiated a long-term deal with fast food major Hungry Jack’s across the 500sqm ground floor of 260 La Trobe St.
Hungry Jack’s will use the space as its new CBD flagship, looking to capitalise on the residential and student accommodation development boom through the north of the city, which has also prompted a flurry of enquiry from Asian-based retailers and hospitality offerings.
Land said Lennox had previously been located on St Kilda Road and was looking to secure a space in the CBD.
“The space received enquiry from education operators, immigration consultants and
construction companies given its positioning close to universities and education institutions, and student accommodation and residential developments,” he said.
Australian Property Journal
