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19-21 Milne Pl 721 SF of Retail Space Available in Ringwood North, VIC 3134
Highlights
- Ample customer parking and convenient access to Eastland Shopping Centre.
- Excellent connectivity via Ringwood Bypass, Eastlink, and nearby public transport.
- Currently fitted out as a food premises with gas connection in place.
- Located within the established Ringwood North Shopping Precinct with strong foot traffic.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground, Ste 21 | 721 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
Ground, Ste 21
Positioned in the vibrant Ringwood North Shopping Precinct, this 67-square-meter retail space offers excellent exposure and convenience for a variety of uses, subject to council approval. The premises is currently fitted out for food service and includes a gas connection, making it ideal for hospitality operators or specialty retailers. The property is surrounded by a strong tenant mix, including supermarkets, fitness centers, pharmacies, and popular eateries, ensuring consistent foot traffic. Customers benefit from generous on-site parking, while businesses enjoy easy access to major roadways such as Eastlink and Ringwood Bypass. Public transport options are within walking distance, further enhancing connectivity. This is a compelling leasing opportunity for businesses seeking a well-located, ready-to-occupy retail space in a thriving suburban hub.
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Demised WC facilities
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 | 721 SF | Property Subtype | Storefront |
| Property Type | Retail | Gross Leasable Area | 4,198 SF |
| Total Space Available | 721 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 4,198 SF |
About the Property
19-21 Milne Place is a retail property situated in the Ringwood North Shopping Precinct in Victoria. It is located near major arterials, including Ringwood Bypass and Eastlink, and is accessible by public transport.
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19-21 Milne Pl
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