- 243 Glenferrie Road, Malvern has recently been leased by GormanKelly
- Successfully secured a 5 year Lease plus option
Well established Malvern pasta bar and restaurant Etto is moving across Glenferrie Road after having taken up a lease over 243 Glenferrie Road, Malvern.
The 186sqm property, formerly occupied by Nando's, is located on the corner of Glenferrie Road and Stanhope Street, right in the heart of the highly regarded Glenferrie Road, Malvern restaurant precinct.
We successfully secured a 5 year Lease plus option at a commencing rental of $87,400 pa plus outgoings and GST. The incentive and rent reviews negotiated took into account current and anticipated post coronavirus conditions.
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.