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113 Lygon St 786 SF of Retail Space Available in Carlton North, VIC 3053
Highlights
- Situated at the entrance to the Lygon Street precinct, a major dining and retail destination.
- Prominent ground-floor position with strong visibility and a 6-meter street frontage.
- Close proximity to RMIT University campus and significant student and tourist foot traffic.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 786 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
Ground
Located at the vibrant gateway of Carlton’s renowned Lygon Street precinct, this ground floor retail tenancy offers outstanding street exposure in a high-traffic destination favored by locals, students, and tourists. The property occupies a prominent corner position at Lygon Street and Magenta Place, delivering approximately 6 meters of prime frontage that maximizes brand visibility and customer access. The 73 m² space is efficiently designed to accommodate a wide range of retail or office uses and includes internal bathroom amenities for convenience. With direct connectivity to Melbourne’s CBD via Swanston Street trams and ample street parking nearby, the location ensures ease of access for both clients and staff.
- Fully Built-Out as Standard Retail Space
- Private Restrooms
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 | 786 SF | Property Subtype | Storefront Retail/Office |
| Property Type | Retail | Gross Leasable Area | 10,376 SF |
| Total Space Available | 786 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 10,376 SF |
About the Property
The property is located on the western side of Lygon Street at its junction with Magenta Place Laneway in Carlton. Public transport is located within close walking distance, including nearest tram stop at Queensberry Street approximately 39 meters away. The surrounding area includes retail, dining, and services, as well as proximity to institutional uses such as RMIT University. Street parking is available in the vicinity, and the property includes internal bathroom facilities.
Nearby Major Retailers
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113 Lygon St
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