Furniture Stores Preston Homemaker Centre – The new retailer has signed a seven-year lease on the 1,120-square-foot space that previously housed Barbecues Galore.
Leadwell Properties’ Chris Parry, Tom Perkins and Nick Segran said the deal was agreed in the fourth quarter of Victoria. They added that a number of businesses have expressed interest.
Furniture Stores Preston Homemaker Centre
The latest units at 19-33 Murray Street were renting between $285-$325 per sqm, pa.
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Mr Parry said: “After the annual report quarter the big retailers have shown that they are the employers who continue to cope with the COVID environment and outperform their retail peers.”
“Office supplies posted a 20.4 per cent increase in sales, good lads, up 11.2pc, Bunting for kids, 11.8pc, Adairs, 12.9pc, Beacon Lights, 2.6pc and – Bunnings, 13.9pc.” he added.
“Without the product markets due to the COVID-19, large shopping centers that sell good and mixed products … the base is clearly still needed”.
“On Friday, the Australian Bureau of Statistics confirmed sales growth of 3.2pc (seasonally adjusted) in July last month.
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“Domestic goods, which represent the largest sector of employers in large commercial areas, have resulted in a four percent health bill,” said the official.
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