In the dining Groove

JUNE 2010

BOUTIQUE restaurant chain The Groove Train has spent $2.5 million in the last six months in fit-outs for its 400 George Street and King George Square sites.

Manager Julian Mero says since coming to Brisbane from Melbourne more than two years ago with a Riverside restaurant, he’s found that there’s still room for growth in the high quality casual dining market.

“That led us to 400 George Street, we signed a contract in September last year and were probably looking at it six months before that – it’s going to be an increasingly important legal and business precinct,” he says.

“There’s probably a lot of challenges and we’re still in the early days as at the back of 400 George Street it’s still in construction.

“We see it as a work in progress but we didn’t go into that blindly.”

The restaurant has a ‘warm and comfortable’ wooden interior with a function room Mero hopes will become a commonplace meeting point for lawyers.

“The rough cost of the fit-out there was $1 million. I’d like to say it was less but it ended up as $1 million.”

The Groove Train initially leased 340sqm from Leightons for 400 George, but the land has since been sold to HSBC Trinkhaus and Grosvenor Australia in a joint venture.

The restaurant has 160 seats, while the King George Square restaurant has 280 across 380sqm of space.

Get our daily business news

Sign up to our free email news updates.

 
Four time-saving tips for automating your investment portfolio
Partner Content
In today's fast-paced investment landscape, time is a valuable commodity. Fortunately, w...
Etoro
Advertisement

Related Stories

Nick Scali shares reach all-time high following UK expansion plans

Nick Scali shares reach all-time high following UK expansion plans

Nick Scali’s (ASX: NCK) plans to expand into the UK have...

Super Retail Group to face court over allegations of undisclosed exec relationship, bullying

Super Retail Group to face court over allegations of undisclosed exec relationship, bullying

The board of Super Retail Group (ASX: SUL) has announced today that...

Aussie-founded sleep device giant ResMed sees profit lift 29pc

Aussie-founded sleep device giant ResMed sees profit lift 29pc

Shareholders backing Australian-founded, California-based sleep med...

“Difficult decision”: Atlassian co-CEO Scott Farquhar to step down

“Difficult decision”: Atlassian co-CEO Scott Farquhar to step down

After 23 years as co-CEO of Sydney-headquartered software giant Atl...