Snap fitness secures South Yarra retail leasing

Katherine JimenezDecember 7, 2020

Gym operator Snap Fitness has secured 350 square metres of retail space in Melbourne's leafy suburb of South Yarra.

The retail property, at 9/11 Clarendon St, is part of the 850-square-metre Dutton luxury car showroom, which is relocating to Richmond in 2014.

Under the leasing deal, Snap is taking a 10-year lease on the property. It is understood the owner was targeting a rent of $800 per square metre.

The lease was negotiated by CBRE's Zelman Ainsworth.

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