Melbourne, July 3 2013-Choices Flooring has leased a high profile showroom in the Melbourne suburb of Nunawading.
Situated at 339 Whitehorse Road, the 446sqm property benefits from a prominent location, with generous street frontage and building façade signage.
Choices Flooring has taken out a five year lease with options. The commencing rent is $120,000 net per annum.
CBRE’s Scott Littler, who negotiated the lease on behalf of a private vendor, said location was a driving factor behind the deal.
“Small footprint showrooms in the prime section of Whitehorse Road are few and far between,” Mr Littler said.
“With just six weeks between the previous lease expiry and the new lease commencement, this deal is a testament to the high demand for showrooms such as this in the area.”
Choices Flooring is Australia’s leading floor retailer, with more than 50 years’ experience in the history. Choices Flooring specialise in a wide range of flooring options including carpet, timber, laminate, bamboo, vinyl, rugs and tiles.
For Australian/international news or global stories, follow us on Twitter.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2012 revenue). The Company has approximately 37,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website atwww.cbre.com.au.