This article is from the Australian Property Journal archive
WOMEN’S fashion boutique, Smooth, has secured space at 280 Flinders Lane in Melbourne’s CBD.
Fitzroys’ James Spencer negotiated the three-year lease with a three-year option for the 91sqm shop at 280 Flinders Lane at circa $130,000 per annum net.
“The strong enquiry from operators looking to snap up the high-profile space in this busy part of Melbourne’s CBD meant we were able to lease the space in less than a month of going to the market,” Spencer said. “We received well over 50 enquiries from hospitality, fashion, convenience and service groups.”
Spencer recently leased Shop 6, 288 Flinders Lane to iconic Australian fashion designer Tiffany Treloar, who moved from further up Flinders Lane, across Swanston Street.
“Leasing demand has definitely increased on Flinders Lane, which benefits directly from the hustle and bustle of Degraves Street and Centre Place, and the further pedestrian traffic generated by its close proximity to Elizabeth Street and Flinders Street station.”
Smooth’s deal follows Fitzroys’ recent lease of Shop 1, 288 Flinders Lane to Melbourne-based cult fashion label Et Al. Also in the precinct are fellow Melbourne label Nique and designer shoes label Zomp. Lingerie retailer Kisskill has moved into 241A Flinders Lane and Lord of the Fries has opened its new bakery venture, Weirdoughs, next door at 241B.
Australian Property Journal
