The impending arrival of Australian retailer David Jones to Wellington is set to revitalise Wellington's so-called Golden Mile on Lambton Quay.
Colliers International retail leasing specialist Ty Dallas Photo: RNZ / Jonathan Mitchell
Iconic store Kirkcaldie and Stains will shut up shop early next year, to be replaced by David Jones after a makeover for the building.
Colliers International retail leasing specialist Ty Dallas said the arrival of David Jones had other Australian retail businesses wanting to set up shop.
"We are already receiving requests... they are, in fact, saying that 'we want to be in the David Jones zone'," he said.
Mr Dallas would not reveal which companies had expressed interest.
But he did say Melbourne-based retail store Seed Heritage would be opening on the corner of Lambton Quay and Grey Street next year.
He said the likelihood of the Australian firms moving here was high, but available retail space was a problem.
"Lambton Quay is currently 98 percent leased, so the options are somewhat limited at the moment," Mr Dallas said.
But, he said, some leases would expire soon, and that could mean opportunities for retailers wanting to get a spot on the Golden Mile.