This article is from the Australian Property Journal archive
TRAVEL agency Classic Mooloolaba has signed a new lease in Melbourne’s CBD.
Located next to Coles Central, the Shop 5, 2-26 Elizabeth St property comprises a 19 sqm tenancy. The tenant has signed a three-year term with options at a rental in excess of $8600 per annum gross.
Savills Jock Thomson and Michael Di Carlo negotiated the deal and said the agency required a modern CBD premises with excellent exposure.
Thomson said the deal represented great value for both the owner, Fivex Pty Ltd, and the tenant, which will have the opportunity to increase its trade through the enormous foot trafficand exceptional exposure to Elizabeth St.
“This is an ideal location for this type of business,” Thomson said.
Australian Property Journal
