$2 shop takes spacious Puckle Street lease

$2 shop takes spacious Puckle Street lease
$2 shop takes spacious Puckle Street lease

A $2 shop has agreed terms on the lease of a large retail space in the heart of the Moonee Ponds retail precinct in Melbourne’s inner northern suburbs.

Teska Carson’s Luke Bisset, who brokered the 13-15 Puckle Street deal with Fergus Evans, said the 624 square metre premises was let at $113,000 per annum net on a five year term with options.

Mr Bisset said the tenant was attracted to the spacious tenancy, the high ceilings, the extensive street frontage and the high volume of foot traffic in one of Melbourne’ s most famous shopping precincts.

"This was a great opportunity to get a foothold in one of the best shopping strips in Melbourne and at a very affordable rental.

The size of the floorspace and the exposure to Puckle Street were the key attributes the tenant was looking for,’’ Mr Bisset said.

He said the Puckle Street address had predictably attracted a high level of enquiry.

The lessor is a Melbourne based private investor.

Tags: 
Commercial Property Moonee Ponds

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