retail lease – realestatesource

IN another sign yuppies are replacing the student and working class-base that once defined Parkville and Carlton culture– the Naughton’s Hotel building is being offered for lease, targeting high-end tenants that can reposition the pub as a fancy restaurant.

Ending speculation the iconic Royal Parade pub would be rebuilt as student accommodation, as many other drinking holes in the area have – Alexander Robertson leasing agent Stephen Byrne instead said the building’s owner is seeking a long term operator.

Coincidentally Mr Byrne’s family operated Naughton’s for about 25 years. The building was last reported as selling to a private investor for $3.2 million in March 2006.

Victoria

Genesis to Build $10 Million Gym at University Hill, Bundoora

October 26, 2009 Marc Pallisco retail lease

MAB Corporation is looking for a dentist, or an allied health specialist, to fill the last piece of its massive Health and Wellbeing precinct, at the $1 billion University Hill complex, in Bundoora.

Earlier this month health group Genesis announced it would develop a $10 million fitness club on land within the precinct, bringing total occupancy at the 14,000 indulgent-centred precinct to about 90 per cent.

Victoria

Safeway to Open 4,000 Square Metre Supermarket in Hive, Victoria Street Abbotsford

September 13, 2009 Marc Pallisco retail lease, supermarket, Woolworths

UNINVITING inner-city retail strip Victoria Street, at the suburb border of Abbotsford and the precinct known as North Richmond has attracted a second major retail tenant.

Woolworths this week confirmed a 20-year, 4,000 square metre retail lease at Hive, a $50 million shopping centre and residential project, being developed on a 5,000 square metre site on the north-west corner of Nicholson Street.

Woolworths will join rival Aldi, a large pharmacy, and 22 specialty retailers at Hive, which is due to open in February.

Victoria

The Brow Bar, Busatti to Open in Melbourne’s Hawksburn Village

August 16, 2009 Marc Pallisco retail lease

TWO new-to-Melbourne retailers have chosen South Yarra’s Hawksburn Village over other major retail hubs such as Chapel Street, or Southbank, to open their first outlets.

Beauty salon The Brow Bar, which amongst other things sculptures, waxes, tweezes, aligns and tints brows, will occupy retail space within the Bird de la Cour-designed project, on the north-west corner of Williams and Malvern roads and the Prahran and Toorak suburb border.

Victoria

Australia’s Sixth Lindt Chocolat Cafe to Open at Chadstone

August 2, 2009 Marc Pallisco retail lease

CHOCOLATE lovers in Melbourne’s south-eastern suburbs have less than three weeks to wait for the country’s sixth Lindt Chocolat Cafe to open, within the new West Wing extension at Chadstone Shopping Centre.

The Chadstone cafe – due to open on August 19 – will be Lindt’s second Melbourne outlet. Last month it opened its first store at 271 Collins Street and within the walls of a historic chamber until recently occupied by the National Australia Bank.