30 Jun 2020

The Australian Financial Review - Tuesday 30 June 2020

Toorak Road treats

A sherry and empanadas bar operator has signed a new lease in Melbourne’s inner east. Teska Carson’s Reece Israel said the 47sq m ground-floor tenancy at 16 Toorak Road, South Yarra, was let at $30,000 per annum. The term is for three years with two further three-year options. Mr Israel said the fully functioning kitchen had been a key factor for the tenant, Double Tree International (Australia). The lessor is a Melbourne-based private investor.