Three Leasing Deals Negotiated within the Eclectic Mixed-Use Development in Glenferrie Road, Hawthorn
There has been a buzz of activity at the northern end of Glenferrie Road with three leasing deals negotiated within the eclectic mixed-use development at 819 -825 Glenferrie Road, Hawthorn. Formally occupied by the popular independent candidate, Oliver Yates, the space at 825 Glenferrie Road, Hawthorn has been leased to Melbourne Pilates Method Studio operated by well-known figure in the industry, Keft Burdell. Relocating from the corner of Church Street and Barkers Road, they signed a 3-year lease with a 3-year option at a rental of $38,000 pa equating to a rental of $350m2.
Popular Tattooist, Kristian Kimonidies of Ravens Hollow, has opened a new tattoo studio in the basement area of 823 Glenferrie Road, Hawthorn formally occupied by the long-term hairdressers, Oscar and Coelho. The 140m2 basement area which is planning to be fitted out with a pagan theme will be supported by a number of taxidermy animals and birds. Comprising 140m2, Ravens Hollow signed a 3-year lease at a rental of $38,000 pa. did the deal.
A small boutique space of 40 m2 with frontage to Glenferrie Road at 819 Glenferrie Road Hawthorn has been leased to a work wear retailer and embroidery company for $21,500 pa on a 2-year lease. Dean Alexander of Gorman Commercial negotiated each of the leasing deals.