Perhaps one of the most beautifully presented commercial retail properties GormanKelly has had the privilege of listing is at 411-413 Malvern Road, South Yarra.
Formerly the head office and studio of the late Stuart Rattle, a very talented and influential figure in Melbourne’s interior design industry.
The premises features his distinct style of design with high ceilings, luxurious fixtures and refined period charm. It is very well located adjacent to the popular and commercially successful Hawksburn Shopping Village.
The premises attracted significant interest and was leased within a very short period of time to one of Melbourne’s premier boutique winter clothing retailers with a long history of success.
The rental rate achieved was close to $535/sqm net which represents a solid retail rent for this location.
Written by Richard Munday
Having specialized in Retail Leasing within the Cities of Boroondara, Stonnington and Port Philip, and more generally in commercial sales & leasing for some 30 years, Richard is considered a local Melbourne commercial property expert.