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Hair, Nail & Beauty Salons Actively Securing Premises in Sydney’s CBD

Leased/Sold
Recent transactions in and around Town Hall and World Square have seen hair, nail & beauty salons secure new premises in Sydney’s CBD. Specifically, the area bounded by Goulburn Street to the South, George Street to the East, Kent Street to the West and Druitt Street to the North.

In summary

Secret Butterfly Nails & Beauty outgrew premises on George Street and secured a whole floor with its own amenities on Druitt Street.
Xing Rui Sydney Pty Limited based near World Square were advised by Nathan Wang of Franklin Shanks to secure additional space for a nail & beauty salon.
Macro Enterprise Australia Pty Limited leased fitted space on Kent Street with shower facilities for a massage clinic. AI Beauty who had formerly occupied the premises on Kent Street purchased their own office across the road and Shinka hair salon then purchased the adjoining suite.

Analysis

– Level 1, 70 Druitt Street, 95sqm, leased to a nail & beauty salon for 3 years at $57,000pa.
– Level 1 & Level 2, 20A Goulburn St, 220sqm (approx.), leased to a nail & beauty salon for 3 years at $96,000pa.

– Level 1, 518 Kent Street, 90sqm (approx.) leased to a massage clinic for 2 years at $42,000pa.
– Unit 91/Level 1, 515 Kent Street, 82sqm plus storage sold to a hair salon for $950,000.
Photos – AI Beauty, 515 Kent Street (Source: Keeyuen Design)
Agents:
john Skufris 0414 969 221
Domenic Severino 0416 000 339
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