Substantial Retail Frontage Secured by Collective Australia in South Yarra

Collective Australia has leased the ground floor of 441 Malvern Road, South Yarra. Andrew Prowse of Gorman Commercial negotiated the 630 square metre 5-year lease with one further five-year term at $340,000 per annum. The property neighbours Volvo with substantial frontage. “Fewer and fewer retail spaces of this size are available throughout Stonnington as the shift and focus to smaller service retail operators grows,” said Andrew Prowse.