Shoe label Tom Gunn steps into Melbourne’s laneway retail market

Shoe label Tom Gunn steps into Melbourne’s laneway retail market
Jonathan ChancellorJuly 10, 2012

Shoe label Tom Gunn has leased 22 square metres of space within one of Melbourne's laneways – Howey Place, off Little Collins Street.

The rent is $4,318 per square metre, per annum – or about $95,000 a year. It’s one of the smallest lease deals to be offered in the Melbourne CBD.

The cutting-edge Australian shoe label was launched in 2008 by Brisbane-based designers Gabrielle Thompson and Shannon Gunn, whose training was at the Ars Arpel School in Milan.

Melbourne’s iconic laneways are incredibly sought after by retailers keen to position themselves at the forefront of the city’s cutting edge fashion scene,” Colliers International retail leasing agent Ben Tremellen says.

“CBD laneways have been activated by an influx of high-profile, popular tenants in recent times, and Howey Place is one of the best performers.

“It is tightly held, recording record rents and is home to one of Alannah Hill’s best trading stores,” he says.

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.

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