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Duzen takes fashionable new Armadale lease

People & Companies / Latest News

Australia

Feb 23 2017

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February 24, Melbourne – Women’s handbag and leather products retailer, Duzen, has agreed terms on the lease of a new store in Armadale in Melbourne’s leafy inner eastern suburbs in a deal brokered by Teska Carson’s Tom Maule.  

According to Mr Maule the spacious and well-presented 100 square metre premises was let at $65,000 per annum net, a rate of $650 a square metre.

He said the 1005 High Street premises offered a prime position within the best part of High Street and included rear access, kitchen facilities, on-site storage and excellent public transport access.     

"Duzen required a spacious retail area in a location which offered first rate exposure in an appropriate location for fashion.

"This part of High Street is well stocked with boutique fashion and dining establishments attracting a high level of clientele from all over Melbourne," Mr Maule said.

The lessor is a Melbourne based private investor. 

 

About Teska Carson

Teska Carson, since its establishment in 1990, has consolidated itself as Melbourne’s most progressive and active estate agency, specialising in the field of prime commercial property. Teska Carson recently merged with Kliger Wood to form the largest privately owned commercial agency in Melbourne with a combined 100 years of service to the property industry.

 The acquisition has enabled Teska Carson to build on and enhance its reputation as a leader in its field offering the most comprehensive range of commercial property management and agency services with a database second to none. Teska Carson will continue its successful strategy of focusing on personal service and exceeding expectations in delivering outstanding results for our clients. 

 

SOURCE: Press Release

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