• Home
  • Sale
  • Lease
  • Asset Management
  • News
  • About
  • Contact
  • Kew Office

Gertrude Grocer Signs Fitzroy Lease

Wednesday, September 23rd, 2020

High end foodstuffs retailer, The Gertrude Grocer has signed a three-year lease over the retail premises at 188-196 Gertrude Street, Fitzroy after taking an exploratory six months introductory occupancy from April this year.

 

The business, which initially occupied the space tenanted by another specialty foodstuffs retailer Aunt Maggies, has reportedly traded well through the pandemic period.

 

The Gertrude Grocer will now pay a starting annual rental of $85,000 pa net under their new three-year lease with annual increases fixed at 3%. The lease has two further options, one for a four-year and the second for an additional three-year term. Market reviews will apply at either option exercise.

 

The detail reflected the increasing gentrification of the Fitzroy and adjoining city fringe residential area in particular.

 

For further details, please contact Rory White on 0439 655 504.

Recently Sold

GLEN IRIS

Land

property sold by GrayJohnson

NORTH MELBOURNE

Office

property sold by GrayJohnson

NORTHCOTE

Land

property sold by GrayJohnson

CAMBERWELL

Land

property sold by GrayJohnson
Welcome
  • Sale
  • Lease
  • Asset Management
  • Leased
  • Sold
About Us
  • News
  • Services
  • About Us
  • Employment
  • Contact Us
Latest News
  • Commercial Investment Trends January 2021
  • Langridge Lanes
  • Gertrude Grocer Signs Fitzroy Lease
  • Older Style Warehouse and Showroom Leased North of Melbourne
  • Northcote’s Premium Development Site for Sale
GrayJohnson Pty Ltd

Particulars herein are for information only and do not constitute any representation by the landlord, vendor or agents.  All stated measurements are approximate.  Prospective tenants and purchasers are requested to take such action as is necessary to satisfy themselves on any pertinent matter.

Privacy Policy

Gray Johnson © 2021