Gurney Walk Shop Lot for Sale/Rent | Prime Location in Gurney Drive, Penang
Gurney Walk is a boutique retail mall located in the heart of Gurney Drive, George Town, Penang. It is designed to be a community hub, offering a unique mix of specialty shops, cafes, and services. Here's a description of a typical shop lot in Gurney Walk:
Location and Accessibility
- Prime Location: Gurney Walk is strategically situated on Gurney Drive, a renowned waterfront promenade in Penang, often referred to as "the millionaire's row."
- Connected Development: It is seamlessly connected to the Ascott Gurney Penang Hotel & Residences and Menara Gurney Offices, providing a built-in customer base from hotel guests, residents, and office workers.
- Dual Entrance: The mall has two main entrances, one from Gurney Drive and another from Jalan Kelawei, ensuring easy access for both pedestrians and vehicles.
- Parking: Over 500 covered car parks are available for shoppers and tenants.
Mall Concept and Ambiance
- Boutique and Artisanal Focus: Gurney Walk is not a large-scale shopping center but rather a curated space for specialty and boutique businesses. The concept emphasizes "art, culture, and 'mode de la vie'."
- Promenade Layout: The interior features a promenade-style layout, which aims to create a safe and secure shopping experience by preventing secondary lanes and blind spots.
- Creative and Artistic: The mall's interior is described as having a minimalist design with creative corners and an artistic ambience, allowing the tenants' spaces to stand out.
- Alfresco Dining: There is a sea-facing, landscaped alfresco area that provides a green space for patrons.
Shop Lot Characteristics
- Variety of Spaces: Gurney Walk offers various types of commercial spaces, including retail shops, pop-up stores, pushcarts, and event spaces.
- Tenant Mix: The mall aims for a diverse tenant mix, with a strong focus on F&B, lifestyle, beauty, and wellness. Current tenants include hipster cafes, specialty shops, and unique local businesses.
- Leasable Area: The mall has a total leasable area of approximately 60,000 square feet, with around 40 retail lots. Unit sizes can range from small kiosks to larger spaces, with listings showing available units from around 247 sq ft to 1,600 sq ft.
- Rental Rates: Rental rates vary depending on the floor and size. Listings have shown rental rates for ground floor units to be higher than those on upper floors. The average base rental rate is cited as being between RM2 to RM6 per square foot.
Ideal Businesses for a Gurney Walk Shop Lot
The mall's concept and location make it suitable for a range of businesses that align with its boutique and lifestyle focus. This includes:
- Hipster cafes and restaurants
- Specialty food and beverage outlets
- Artisan goods and crafts shops
- Beauty and wellness centers (e.g., spas, hair salons, aesthetic clinics)
- Boutiques (e.g., ladies' or men's apparel)
- Fitness studios (e.g., pilates, kickboxing)
- Unique or niche retail concepts
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Frequently asked question
Gurney Walk is located on Gurney Drive, specifically at the podium level of the Ascott Gurney Penang hotel.
It is a "boutique retail" mall that focuses on a curated mix of tenants, including local and artisanal businesses. It's designed to be a community hub with a promenade-style layout.
The mall features a mix of food and beverage outlets, specialty shops, and other lifestyle businesses. The aim is to create a unique and eclectic tenancy mix.
As of recent information, some units may be available for rent, but many are already taken up. It is best to contact the management directly to inquire about current vacancies.
Based on past listings, the average base rental rate is approximately RM2.00 to RM6.00 per square foot, with a mandatory service charge of RM2.00 per square foot.
The general operating hours are from 10:00 AM to 10:00 PM every day. However, individual store hours may vary.
Gurney Walk is connected to the Ascott Gurney Penang, which likely has its own parking facilities. There are also nearby parking options at Gurney Plaza and Gurney Paragon Mall.
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