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176 Rathdowne St 1,324 SF of Space Available in Carlton, VIC 3053



Highlights
- Flexible two-level configuration with combined retail, office, or residential potential.
- Upper level accommodates three rooms with additional bathroom and shower facilities.
- Split-system heating and cooling on both levels for year-round comfort.
- Ground floor includes a full glass frontage, tiled flooring, and operational kitchen area.
- Proximity to University Square and Melbourne University, supporting steady foot traffic.
- Street-front parking for convenient customer access in a prominent position along Rathdowne Street.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
The 2 spaces in this building must be leased together, for a total size of 1,324 SF (Contiguous Area):
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground, 1st Floor | 1,324 SF | Negotiable | $21.22 /SF/YR $1.77 /SF/MO $28,092 /YR $2,341 /MO | TBD |
Ground, 1st Floor
The 2 spaces in this building must be leased together, for a total size of 1,324 SF (Contiguous Area):
The ground floor encompasses approximately 62 m² and is configured as a retail shop with a large glass display frontage, delivering strong visibility to passing traffic. Interior finishes include a tiled floor and a functional kitchen area fitted with a rangehood, suited for food-related use or general retail operations. Climate comfort is provided through a split-system air conditioning unit. The upper level adds approximately 61 m² arranged as three separate rooms with outlooks over Rathdowne Street. This level includes a shower and bath within a private bathroom setup, making it adaptable for office applications or as a live-work arrangement. A second split-system unit ensures efficient heating and cooling across this level as well. Overall, this configuration supports businesses seeking a combined customer-facing ground-level presence with auxiliary office or residential accommodation above, all within close proximity to Melbourne University and University Square with easy front-door parking for visitors.
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Central Air Conditioning
- Display Window
- Fully Built-Out as Standard Office
- Open Floor Plan Layout
- Fully Carpeted
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 | 1,324 SF | Property Subtype | Storefront Retail/Office |
| Property Type | Retail | Gross Leasable Area | 1,324 SF |
| Total Space Available | 1,324 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 1,324 SF |
About the Property
This highly adaptable two-story retail shop offers a versatile configuration suitable for a wide range of businesses. The property features a 62 m² ground floor space with a large glass shopfront providing strong street presence and natural light. Interior elements include a tiled floor, a kitchen area equipped with a rangehood, and efficient climate control through split-system air conditioning, creating a ready-to-use setup for food-related or retail operations. The upper level offers an additional 61 m² comprising three separate rooms, front-facing views over Rathdowne Street, and the flexibility to be used as either residential or office space. The amenities include split-system heating and cooling as well as a separate shower and bathroom, adding additional convenience for occupiers. Positioned close to University Square and Melbourne University, the property benefits from consistent pedestrian traffic and a vibrant local demographic. Easy street-front customer parking enhances accessibility, while nearby city amenities promote footfall for retail or hospitality use. This property presents an excellent opportunity for restaurateurs, boutique operators, or professional service providers seeking a functional space in a highly connected location.
Nearby Major Retailers
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176 Rathdowne St
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