Clark Rubber Dandenong lease deal by Savills

Clark Rubber Dandenong lease deal by Savills
Jonathan ChancellorDecember 9, 2014

Clark Rubber has agreed terms on a new lease over a new showroom at the Home Quarter Homemaker Centre, Dandenong, in a deal brokered by Savills Australia.

Located at 55-67 Frankston-Dandenong Road, the 750 square metre showroom was leased on an eight year term with a five year option.

The rental was not disclosed by Savills’ bulky goods director, Keith Kooloos.

He said Clark Rubber’s decision to relocate to the Centre’s corner location on the South Dingley Bypass, was based on easy access and extensive exposure to a range of tenants including Fantastic Furniture, Good Guys and Officeworks.

"The landlord, Fantastic Holdings, has a quality tenant coming into the centre and Clark Rubber moves from a trade showroom premises to a bulky goods centre that will provide them with a lot more exposure to retail customers," said Kooloos.

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.
Tags:
Retail

Editor's Picks

Habitat to break ground on The Millwell in Maroochydore
Sekisui House Australia launches Waterstone in emerging St Leonards South precinct
Cedar Woods acquires Fairfield site for new residential development
SMA Projects unveils its luxury penthouse crowning The Regent Fitzroy
5Point’s Ophira uplift puts Palm Beach beachfront centre stage