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188 Bridport St 969 SF of Retail Space Available in Albert Park, VIC 3206
Highlights
- Prominent exposure in the heart of Albert Park’s bustling village precinct.
- Two dedicated car spaces enhancing accessibility for business owners and customers alike.
- Rear access providing streamlined loading and delivery functions for operational ease.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 969 SF | Negotiable | $47.84 /SF/YR $3.99 /SF/MO $46,348 /YR $3,862 /MO | Triple Net (NNN) |
Ground
Position your brand in the vibrant heart of Albert Park with this highly visible retail tenancy. Located on Bridport Street, the property benefits from consistent local foot traffic and immediate access to established cafés, retailers, and professional services. Its bayside positioning offers a dynamic customer catchment and connectivity to South Melbourne, Port Melbourne, and the Melbourne CBD. The premises comprise approximately 90 square meters with a flexible layout that adapts to retail, office, showroom, or hospitality concepts (STCA). Rear access supports efficient operations including convenient loading and deliveries. Surrounded by an active village-style environment, national and local operators enhance the draw of this precinct. Accessible via major tram routes with nearby stops just 113 meters away, this address also features two on-site car spaces, supporting customer and staff convenience. Retailers seeking a destination with character, connectivity, and growth potential will find this opportunity compelling.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Restaurant or Café Space
- Central Air Conditioning
- Smoke Detector
- Prominent exposure
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 | 969 SF | Gross Leasable Area | 969 SF |
| Property Type | Retail |
| Total Space Available | 969 SF |
| Property Type | Retail |
| Gross Leasable Area | 969 SF |
About the Property
The property at 188 Bridport Street is located within the Albert Park retail precinct, comprising approximately 90 square meters of floor space and providing two on-site car spaces. It has a rear access point suitable for loading. The surrounding area features established commercial activity including retail and hospitality businesses. Public transport options are located nearby, with tram and bus stops within walking distance. The location sits approximately 1.8 kilometers from Anzac Railway Station and provides connections to the Melbourne Central Business District and adjacent bayside suburbs.
- Air Conditioning
Nearby Major Retailers
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188 Bridport St
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