Fivex enjoy flurry of new F&B retailers along Flinders Lane and Flinders Street | AU

Jess Freeman • 06/10/2022

Five new Food and Beverage Retailers in Melbourne’s CBD have signed new long-term leases along Flinders Lane and Flinders Street, further bolstering the hospitality precinct as the strength in the retail market renews.

An Italian offering has signed a seven-year lease for 27sqm* at Shop 1, 289 Finders Lane
Flinders Lane Barbers has signed a five-year lease for 29sqm* at Shop 1C, 289 Flinders Lane
V5 Coffee shop has signed a seven-year lease for 31sqm* at Shop 1D, 289 Flinders Lane
Fusion Bites, specialising in Indian Take away street has signed a five-year lease for 27sqm* at Shop 1b, 276 Finders Street
A private convenience store has signed a five-year lease for 26sqm* at Shop 3b, 276 Flinders Street

Michael Di Carlo, Cam Taranto and Stephanie Harding of Cushman & Wakefield negotiated the five leases on behalf of landlord Fivex and said the Flinders Lane precinct is seeing a lot of fresh inquiry from retailers looking to capitalise on the high pedestrian foot traffic in the area.

Market sources believe rents range above $4000 per square metre.

*Approximate

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Jess Freeman

PR & Communications Director ANZ
Sydney, Australia

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About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2024, the firm reported revenue of $9.4 billion across its core service lines of Services, Leasing, Capital markets, and Valuation and other. Built around the belief that Better never settles, the firm receives numerous industry and business accolades for its award-winning culture. For additional information, visit www.cushmanwakefield.com.

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