I thought you might like to know we have recently leased 99 Glenferrie Road, Malvern.
Having operated for around 15 years as the Assaggi Restaurant, locals will be happy to hear that the new tenants intend to operate under the same name with a similar offering.
The new tenants are experienced food retail operators running several other outlets around Melbourne.
The lease over the two level premises of 214sqm is for 5 years plus option at a commencing rental of $75,000 per annum.
Given the current virus related regulations, rent has been deferred until the Victorian State Government fully lifts restrictions on food businesses being allowed to serve customers in-house.
GK’s specialist Retail Sales & Leasing team are proud to have achieved an outcome for our client during a challenging time for business and the economy. Please feel free to contact me to discuss how GK could assist you with your property management, sales or leasing needs.
Written by Gerry Gleeson
After a successful career as a stockbroking analyst and manager of a private investment business, a long time fascination with property and a desire to try something new led Gerry into the property management sector.