Cushman & Wakefield Retail Leasing Bulletin | March
Melbourne experienced a remarkable financial boom last month. Taylor Swift’s electrifying concerts injected an estimated $174 million into the local economy, leaving a resounding impact.
According to the National Australia Bank (NAB), businesses around the iconic MCG precinct emerged as the big winners:- Accommodation saw an impressive surge of 238%.- Bars and pubs enjoyed a substantial increase of 146%.- Restaurants experienced a notable rise of 99%.- Clothing stores also benefited, with a growth of 67%The tour has not only spotlighted Melbourne as a cultural hub but has also positioned it as a beacon for potential tourists, promising a sustained economic boom.
Leased and New Opportunities
We are pleased to share that we successfully finalised a variety of leases last month including:
· 6/ 264 Exhibition Street, Melbourne
· 4/ 118 Queen Street, Melbourne
We are also delighted to launch several retail opportunities for lease within LIV Aston - 7 Siddeley Street, Docklands. There are six spaces to be tenanted ranging from 46sqm - 167sqm*. With a diversity of street frontages and orientations and sizes, there’s a space to fit your retail needs.
To explore the full list of our new and current retail opportunities, please Click here to view more site.
Michael DiCarlo 0418 969 220
Cam Taranto 0467 432 285