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201-203 Victoria St 2,476 SF of Retail Space Available in West Melbourne, VIC 3003
Highlights
- Positioned near North Melbourne Train Station, CBD fringe, and Queen Victoria Market, offering premium transport and amenity access.
- Excellent connectivity through tram and bus networks, proximity to arterial roads including CityLink and Dynon Road.
- Zoned to accommodate mixed-use outcomes, reflecting West Melbourne’s growing status as a destination for retail, dining, and commercial activity.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground, Ste 201 | 2,476 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
Ground, Ste 201
GormanKelly presents a rare opportunity to secure versatile ground-floor retail premises in one of Melbourne’s most dynamic fringe locations, just 200 metres from the iconic Queen Victoria Market. Spanning approximately 230 m² with an impressive 8-metre street frontage, this tenancy offers a high-exposure position ideal for retail, showroom, or specialty activation within a rapidly evolving CBD-adjacent precinct. The property features direct rear access via a right-of-way (ROW) for convenient stock handling and deliveries, reinforcing its suitability for operators seeking strong logistical efficiency. Its open, adaptable layout provides a blank canvas to accommodate a variety of retail formats, supported by significant visibility to both vehicular and pedestrian traffic. Located within easy reach of Flagstaff Station and major tram routes, this address offers exceptional connectivity to Melbourne’s CBD, Docklands, and surrounding growth corridors. Proximity to established commercial offices, residential developments, and vibrant hospitality offerings further underpins the strong footfall and future trading potential for this premium site.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Display Window
- 230 m² ground-floor retail space
- Prominent 8-metre frontage
- First availability in over 30 years
- Excellent rear loading access via ROW
- 200 metres from Queen Victoria Market
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 | 2,476 SF | Property Subtype | Storefront Retail/Office |
| Property Type | Retail | Gross Leasable Area | 4,951 SF |
| Total Space Available | 2,476 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 4,951 SF |
About the Property
Positioned at the gateway of West Melbourne’s mixed-use precinct, the property is surrounded by a vibrant blend of residential developments, commercial spaces, and retail offerings. It benefits from proximity to North Melbourne Train Station, Queen Victoria Market, and the CBD, providing outstanding connectivity and foot traffic exposure for future operational or investment purposes.
Nearby Major Retailers
Contact
-
Nick Breheny -
GormanKelly
Presented by
201-203 Victoria St
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