- GormanKelly are proud to have recently Leased 120 Cotham Road, Kew.
I thought you might like to know we have recently leased 120 Cotham Road, Kew.
Located near the intersection of Cotham and Glenferrie Roads, this 75sqm retail shop with a tram stop at the doorstep features excellent main road exposure.
The premises has been leased to a compounding chemist which will work closely with the directly adjoining pharmacy. The incoming tenant signed a 5 year Lease plus Options at a commencing rental of $31,000 net per annum.
This was an excellent outcome for our client who purchased the property with vacant possession when GormanKelly offered it for sale earlier this year.
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 Aldo Galante
For over 30 years, Aldo has been at the forefront of Australia’s fast-evolving property industry. He served as President of the prestigious Australian Property Institute (Vic), providing determinations on rent-reviews and valuations