Renowned celebrity cosmetic surgeon Dr. Daniel Lanzer will open his next clinic in the absolute prime of famous Puckle Street, Moonee Ponds, which is seeing a return to its glory days as one of Melbourne’s best-performing shopping strips.
Fitzroys Agency Associate, Ervin Niyaz, has negotiated several deals along Puckle Street, headlining by the the four-year lease of 94 Puckle Street to Dr. Lanzer at $78,000 plus GST per annum on behalf of private owners.
The fully self-contained property has a spacious ground floor area of 170sqm and includes a staff room, kitchenette, storage, office and amenities.
Melbourne-based Dr. Lanzer will be adding to his clinics on Glenferrie Road, Malvern and in Sydney, Brisbane and Perth.
Niyaz said the well-presented shop is in the absolute prime trading section of famous Puckle Street, Moonee Ponds, in a location that sees a high volume of pedestrian traffic. It is next to Chemist Warehouse and surrounded by a plethora of national tenants and quality local traders, and close to Moonee Ponds Central.
“The property is highly accessible via all modes of transport, surrounded by ample public car parking, near Moonee Ponds train station, and close to the multiple tram routes and the Moonee Ponds Junction bus terminal,” he said, adding that this made the property ideal for convenient appointment access.
Dr. Lanzer was recently host of Channel 7’s The Cosmetic Surgery Show, a 10-part reality series that followed everyday Australians and celebrities and their decisions to explore cosmetic surgery and the procedures. He has also appeared on Channel 7’s Cosmetic Coffee and he also appeared on SBS’s Insight, Studio 10, Today Extra, The Midday Show, Today Tonight and A Current Affair.
Niyaz said the competitive leasing campaign generated interest and offers from multiple groups.
“Puckle Street has a reputation as one of Melbourne’s most established shopping strips, and is at the centre of Moonee Ponds’ generational population and development boom. Its trade prospects continue to benefit directly from the recent completion of hundreds of apartments in the immediate vicinity, and other projects in various stages of planning and construction.”
These include the Mason Square development on the 1.34-hectare former Moonee Ponds market site, the under-construction Penny Lane tower at 17 Puckle Street that will comprise apartments, retail, hospitality and a Palace cinema, and the future $2 billion overhaul of the nearby Moonee Valley Racecourse that will include residential and commercial buildings, adding a further 2,000 dwellings.
Niyaz said Puckle Street has maintained its healthy balance of service, specialty and hospitality retailers that complements the surrounding retail and shopping centre offering, including Moonee Ponds Central, with Coles, Aldi and Kmart to the north of the strip and Woolworths to the south. Strong leasing take-up has made Puckle Street has one of Melbourne’s better-performing strips over the past 12 to 18 months, according to Fitzroys’ forthcoming Walk the Strip report.
Niyaz has also leased the former Flight Centre outlet at 44 Puckle Street to State of Grace Jewellery on a 4+3+3-year deal, at $70,000 per annum plus outgoings and GST. Niyaz leased the 130sqm shop on behalf of Jac Custodians No. 3 Pty Ltd.
“State of Grace had a store in Moonee Ponds central and then a pop-up at Highpoint, and decided to relocate to Puckle Street as they see value in the suburb’s development and the bounce-back of strip retail precincts,” Niyaz said.
The location is towards the east end of the strip, close to the Penny Lane development complex that Niyaz said will activate the strip further. Next door, Body Catalyst has committed to a 3+5-year term at the 105sqm 46 Puckle Street. The body shaping and wellbeing company is adding to its 22 existing locations.
Further east, the builders of Penny Lane, Harris HMC Construction Pty Ltd, leased the 212sqm space at 31 Puckle Street as a builders’ site office and staff. Niyaz negotiated the deal at $60,000 per annum plus GST, and also leased the 30sqm space at 6, 39 Puckle Street to an astrology centre for one year at $12,000 per annum plus GST. Both deals were negotiated on behalf of Asia Pacific Property (Moonee Ponds) Pty Ltd.
A short distance away, Niyaz leased Shop 2, 533 Mount Alexander Road, Moonee Ponds to Simary Beauty Pty Ltd, trading as beauty salon Hydra Skin Bar. Niyaz struck the 3+2-year lease for the 87sqm space at $20,000 per annum plus outgoings and GST. He said this presented an ideal location due to the high level passing traffic and affordable rent bracket.