Former Brighton Restaurant Converted into a Creative Office Space
Gorman Commercial’s David Minton has leased the ground floor at 284 Bay Street, Brighton to ASX listed tenant, Read Cloud. The former 278 sqm restaurant which forms part of an 1800’s constructed heritage listed former bank building has been converted to a creative style office space. The commencing rent was struck at $110,000 per annum net reflecting $400/sqm.
Nearby, Mr Minton also leased the ground floor at 103 Church Street, Brighton. The 70 sqm retail tenancy was leased for $60,000pa net reflecting $857/sqm to a local developer for a sales suite and office.