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1 The Centreway, Preston 205 - 7,233 SF of Retail Space Available in Preston, VIC 3072



Highlights
- Located within Melbourne’s inner north activity center, positioned near the intersection of High Street and Murray Road.
- Established market precinct offering a diverse mix of retail and fresh food traders within a high-traffic environment.
- Prominent site with integration into key arterial roads, supporting both customer access and serviceability.
- Immediate proximity to Preston Railway Station and tram services, providing strong public transport connectivity.
- Surrounded by residential neighborhoods, commercial uses, and community amenities that drive consistent visitor flow.
- Well-known destination serving the wider Darebin region, contributing to its role as a significant retail and lifestyle hub.
Space Availability (15)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground, Ste C248 | 797 SF | 1-5 Years | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| Ground, Ste E160 E162 E169 E170 | 904 SF | 1-5 Years | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| Ground, Ste E160 E168 | 495 SF | 1-5 Years | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| Ground, Ste E176 | 226 SF | 1-5 Years | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| Ground, Ste N12 N17 | 205 SF | 1-5 Years | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| Ground, Ste SB104 SB105 | 248 SF | 1-5 Years | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| Ground, Ste SB110 SB111 | 248 SF | 1-5 Years | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| Ground, Ste SB73 SB74 SB75 | 420 SF | 1-5 Years | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| Ground, Ste SB76 SB77 SB78 | 420 SF | 1-5 Years | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| Ground, Ste SB85A | 409 SF | 1-5 Years | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| Ground, Ste SB85C | 409 SF | 1-5 Years | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| Ground, Ste SB85D | 829 SF | 1-5 Years | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| Ground, Ste SB86 | 527 SF | 1-5 Years | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| Ground, Ste SB87C | 269 SF | 1-5 Years | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| Ground, Ste SB88 | 829 SF | 1-5 Years | Upon Request Upon Request Upon Request Upon Request | TBD |
Ground, Ste C248
A larger shell tenancy ideal for medium-sized retail operators or lifestyle businesses. Located within the active market precinct, providing consistent pedestrian flow and adaptability for custom fit-outs to suit diverse trading concepts.
Ground, Ste E160 E162 E169 E170
Multiple adjoining shell spaces that can be consolidated for a larger retail footprint. Ideal for operators seeking open layout options to accommodate product displays, food offerings, or other customizable uses.
Ground, Ste E160 E168
Compact dual-unit configuration offering flexibility for micro-retail, specialty goods, or niche services. Ground floor location ensures good visibility in a high-traffic thoroughfare within Preston Market.
Ground, Ste E176
Small-format tenancy positioned to capture incidental traffic. Perfect for specialty retail, takeaway, or service concepts that benefit from a compact, efficient footprint.
Ground, Ste N12 N17
Shell retail spaces located on the ground floor within Preston Market, offering exposure to internal foot traffic. Suitable for boutique retail concepts, specialty consumables, or kiosk-style uses. Positioned in a convenient location for market patrons.
Ground, Ste SB104 SB105
Two adjoining pods that can be activated individually or jointly. Ideal for micro-brands, makers, or convenience-oriented trades addressing strong market demand.
Ground, Ste SB110 SB111
Similar in configuration to SB104/105, offering flexible occupancy arrangements for creative or compact retailing concepts targeting high interaction with passing trade.
Ground, Ste SB73 SB74 SB75
Cluster of flexible, shell condition kiosks/small spaces suitable for grab-and-go retailers or boutique service providers. Located with convenient market access and steady customer movement.
Ground, Ste SB76 SB77 SB78
Comparable to SB73–75, these spaces suit specialty retail or experiential market booths. Can be configured individually or as a combined offering under a single occupier.
Ground, Ste SB85A
Standalone retail footprint in shell condition. Provides flexibility for small independent brands or businesses looking to capitalize on Preston Market’s vibrant customer base.
Ground, Ste SB85C
Mirrors SB85A in size and profile. Offers excellent potential for operators seeking market adjacency and adaptable layouts for tailored retail concepts.
Ground, Ste SB85D
Substantially larger than neighboring pods, presenting opportunities for food operators, wellness services, or an open-format retail store. Shell layout allows design customization.
Ground, Ste SB86
Moderate-size retail unit providing scalability for multiple uses. Well-positioned within the SB section of the market for strong exposure to consistent shopper flow.
Ground, Ste SB87C
Efficient, compact tenancy ideal for specialty kiosks or micro-retail businesses. Shell layout provides a clean slate for custom branding and fit-out.
Ground, Ste SB88
Generous open-plan retail space suitable for occupiers requiring broader merchandising capability or concept-driven layouts. Excellent visibility and customer engagement opportunity.
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 7,233 SF | Gross Leasable Area | 147,476 SF |
| Property Type | Retail |
| Total Space Available | 7,233 SF |
| Property Type | Retail |
| Gross Leasable Area | 147,476 SF |
About the Property
Preston Market, located at 1 The Centreway in Preston, VIC, is a well-established retail and fresh food market precinct within Melbourne’s inner north. The property comprises multiple retail tenancies arranged across an open-air and covered market layout, supported by internal thoroughfares and common areas. It occupies a prominent position near the intersection of High Street and Murray Road, within close proximity to Preston Station and tram services, ensuring accessibility by public transport. Surrounding land use features a mix of commercial, residential, and community facilities as part of the wider Preston activity center. The site benefits from connection to major road networks, strong pedestrian movement from adjoining neighborhoods, and integration with nearby urban amenities.
- Signage
- Accent Lighting
- Storage Space
- Recessed Lighting
- Air Conditioning
Presented by
1 The Centreway, Preston
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