Shoemaker Wittner steps into Melbourne's Little Collins
Wittner Shoes has agreed terms on a new lease in Melbourne’s CBD in an off-market deal.
The 105-square metre retail space is located on the corner of Little Collins Street and Howey Place, well known for haute couture and hip culture.
Wittner Shoes has signed a lease for a five-year term, with options, at a rental of circa $4000 a square metre per annum net.
Savills Australia’s Michael Di Carlo, who brokered the deal with Jock Thomson, said, "Melbourne is Wittner’s town -- it opened its first store here Melbourne in 1912 and now has 75 stores nationally -- and it required space which both reflected its business prominence and of course that offered maximum retail exposure."
The tenancy, previously leased to Maggie T and Oroton, had been combined to provide Wittner more space.
Wittner would begin fitting out the store soon with a view to opening in the next few weeks.