Furniture retailer rents ex-Mossgreen auction house

East Perth luxury furniture retailer James Said has leased a high-profile former cinema as its maiden Melbourne store.

The occupier has committed to 1400 square metres – all of the Armadale Picture Theatre complex at 926-930 High Street, at the western edge of a shopping strip.

The 1912 property was offered in parts, it contains ground floor retail and upstairs office.

It was last occupied by auction house Mossgreen which entered administration late last year, and a tea-room, operated by renowned caterer Peter Rowland.

Sotheby’s occupied it before then (story continues below).

Colliers International’s associate director of leasing, Kevin Tutty and Damian Adkins negotiated the James Said lease.

The furniture business is expected to open its doors in Melbourne early next year.

In August, 2017, the art nouveau Armadale asset, on 1221 sqm, sold as an investment to Melbourne QC John Karkar for $10m.

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Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of realestatesource.com.au.