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142-143 Nepean Hwy 1,023 SF of Retail Space Available in Aspendale, VIC 3195
Highlights
- Highly visible location along Nepean Highway, a major arterial route with strong traffic exposure.
- Close proximity to Aspendale Beach and surrounding residential neighborhoods, enhancing local foot traffic.
- Easy access to major road networks connecting to Melbourne’s CBD and surrounding suburbs.
- Positioned within walking distance of Aspendale Train Station, providing excellent public transport connectivity.
- Located in a mixed-use precinct with retail, dining, and service amenities nearby.
- Situated in a well-established commercial strip with consistent demand from local businesses.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground, Ste 3 | 1,023 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
Ground, Ste 3
This highly visible commercial space on Nepean Highway offers a versatile opportunity for businesses seeking a dynamic location in Aspendale. With a flexible layout and modern finishes, the property is well-suited for a range of uses including office, retail, showroom, or café. The space features an industrial-contemporary design with polished concrete floors and a striking timber counter, creating a stylish and functional environment. The property includes two secure basement car parks, a modern bathroom, and a concealed storage area to maximize usable floor space. Two split heating and cooling systems ensure year-round comfort, while three-phase power and a partial kitchen fit-out provide added functionality for food and beverage operators. Located just steps from Aspendale Train Station and moments from the beach, this property offers excellent connectivity and lifestyle appeal. Businesses will benefit from strong exposure along a major arterial route, ensuring visibility to high volumes of passing traffic.
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Central Air Conditioning
- Recessed Lighting
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 | 1,023 SF | Property Subtype | Storefront Retail/Residential |
| Property Type | Retail | Gross Leasable Area | 17,642 SF |
| Total Space Available | 1,023 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 17,642 SF |
About the Property
The property is located on Nepean Highway in Aspendale, within close proximity to Aspendale Train Station and the beach. It offers access to public transport options including multiple bus stops within 400 meters. The surrounding area includes a mix of residential and commercial uses, with connectivity to major arterial roads.
- Signage
- Accent Lighting
- Air Conditioning
Presented by
142-143 Nepean Hwy
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