"Very rare" Federation Square leasing opportunities on the market

Several leasing opportunities in Melbourne’s Federation Square are on the market.

The tenancies range from 48 to 276 square metres, with including internal and external spaces, some of which have views of the Yarra River.

Prices for the tenancies start at $26,500 per annum.

According to leasing agent, Teska Carson’s Richard Munday, the tenancies on Federation Square are tightly held, such as Kirra Gallery’s 15 year current lease. 

Two spaces, Tenancies 27 (183 square metres) and 28 (276 square metres), are only available on 18 month leases.

"In terms of inquiry we have had so far with 50 calls on the first day of advertising," Munday said.

Federation Square hosts 10 million visitors more than 2000 events annually, including New Year’s Eve celebrations, Melbourne Festival, Melbourne International Comedy Festival, Melbourne Food and Wine Festival.