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158 Deakin St 1,227 SF of Retail Space Available in Essendon, VIC 3040
Highlights
- Positioned opposite Niddrie Central and close to national retailers, creating strong customer draw.
- Excellent exposure with approximately 9.6 meters of street frontage.
- Quick access to Essendon Airport and Melbourne Airport, enhancing logistical efficiency.
- Zoned Commercial 1 offering flexibility for various retail or service businesses.
- Convenient tram access and direct routes to Calder Freeway and major arterial roads.
- Surrounded by a vibrant commercial corridor and established residential communities.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 1,227 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
Ground
The property offers approximately 114 m² of versatile retail space on a 306 m² allotment, featuring an approximate 9.6-meter frontage that provides excellent street exposure. Zoned Commercial 1, it accommodates a wide range of retail or service uses and is ideally positioned near Keilor Road, directly opposite Niddrie Central Shopping Centre. Surrounded by major national retailers such as Woolworths, Caltex, Petbarn, Chemist Warehouse, and BWS, this location ensures strong co-tenancy benefits. The site also benefits from convenient access to tram stops and major arterial roads, including the Calder Freeway, Tullamarine Freeway, and Metropolitan Ring Road, as well as close proximity to Essendon Airport and Melbourne Airport, enhancing connectivity for businesses and customers alike.
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Secure Storage
- Recessed Lighting
- Wheelchair Accessible
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 | 1,227 SF | Property Subtype | Storefront |
| Property Type | Retail | Gross Leasable Area | 1,227 SF |
| Total Space Available | 1,227 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 1,227 SF |
About the Property
This retail property is located in the heart of Essendon, opposite Niddrie Central Shopping Centre. Spanning approximately 114 m² of internal space, the building sits on a 306 m² parcel with a frontage of about 9.6 meters, creating strong street presence and exposure for local foot and vehicle traffic. The property is zoned Commercial 1, allowing a broad range of commercial uses perfectly suited for retail operators or service-based businesses. Its proximity to major retailers such as Woolworths, Chemist Warehouse, BWS, and Caltex enhances co-tenancy benefits for incoming tenants. The retail property is easily accessible since it is nearby tram stops and major arterials, including the Calder Freeway, Tullamarine Freeway, and the Metropolitan Ring Road. Essendon Airport and Melbourne Airport are also within easy reach, boosting regional connectivity for operations.
- Fenced Lot
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158 Deakin St
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