Chiropractor takes up last retail space at the Optus Centre on 367 Collins Street office

Larry SchlesingerDecember 7, 2020

Chiropractor Luke Smith has taken up the last available retail space in Colonial First State's 367 Collins Street office tower in the Melbourne CBD, known as the Optus Centre.

Smith, part of the Queen Street Chiropractic practice, has leased a 119 square metre shop paying gross annual face rent of $336 per square metre ($40,000 per annum).

The space has been sub-leased from the Commonwealth Bank for three years commencing from June 15.

The lease was negotiated by Ben Tremellen, manager of retail leasing at Colliers International.

Tremellen notes that this is the last remaining retail tenancy within the lobby of the Optus Centre. 

"The building is well serviced by numerous public transport options including trams traversing Collins Street and Elizabeth Street and trains from Spencer Street and Flinders Street Railway Stations. 

"In addition to the substantial amounts of building pedestrian traffic, Collins Street itself benefits from enormous amounts of daily pedestrian traffic – approximately 10,000 people," he says.

Larry Schlesinger

Larry Schlesinger was a property writer at Property Observer

Editor's Picks

Why the investment potential at Elevate Hume Place above Crows Nest Metro is proving too good to miss
Aria to move ahead with bulked-up 'Urban Forest' apartment development in South Brisbane
Surry Hills Village completes with just a handful of apartments remaining
Victoria & Albert's unique appeal to downsizers, holiday-makers and investors in the heart of Broadbeach
City Beat October 2024: Units fare better than houses in soft Melbourne property market