Beacon 88 lease deal on Albert Park promenade

Beacon 88 lease deal on Albert Park promenade
Beacon 88 lease deal on Albert Park promenade

The Melbourne food and beverage operator Beacon 88 has secured a five-year lease for its Albert Park premises.

It is a 160 sqm retail space on the ground floor of the residential complex at 88 Beaconsfield Parade.

Beacon 88 will open a high-end eatery leased at a net annual rent of $593 a square metre.

Knight Frank agent Paul Pellegrino brokered the deal for landlord, Pentas Property Investments.

The building was designed by Omiros One Architecture with a 4th floor lap pool and sun deck, overlooking the Melbourne CBD skyline, and provide a space accessible to all residents to enjoy the Port Phillip Bay view.

Tags: 
Retail Albert Park

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