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111 Elation Bvd 3,337 SF of Retail Space Available in Doreen, VIC 3754
Highlights
- • Positioned near schools and community hubs, enhancing customer exposure.
- • Includes bathroom/toilet amenities for tenant convenience.
- • Prominent location within the Riverstone commercial precinct.
- • Two-way door access and ample on-site parking available.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground, Ste 2/111B | 3,337 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
Ground, Ste 2/111B
The premises offers a modern open-plan configuration suitable for a range of commercial uses. Current fit-out supports fitness or wellness operations, but the space can be adapted to various business concepts.
- Fully Built-Out as Standard Retail Space
- Space is in Excellent Condition
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 | 3,337 SF | Gross Leasable Area | 9,440 SF |
| Property Type | Retail |
| Total Space Available | 3,337 SF |
| Property Type | Retail |
| Gross Leasable Area | 9,440 SF |
About the Property
This retail space is located within the Riverstone commercial precinct, a tightly held hub known for zero current vacancies and strong community engagement. Positioned opposite Ashley Park Primary School and near the Orchard Road YMCA Community Centre, the site enjoys consistent local traffic and easy accessibility.
Presented by
Biggin & Scott Inner North
111 Elation Bvd
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