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223 Stud Rd 1,991 SF of Office/Retail Space Available in Wantirna South, VIC 3152
Highlights
- Prominent frontage within the high-traffic Studfield Shopping Centre precinct.
- On-street and public parking available, with easy access to major arterial roads.
- Excellent pedestrian exposure complemented by prominent neighboring businesses.
- Surrounded by established retailers and service providers in a thriving catchment area.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 1,991 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
Ground
Positioned within the sought-after Studfield Shopping Centre, this property offers a rare opportunity to secure a versatile ground-floor tenancy of approximately 185 square meters. The premises is suitable for medical consulting, office use, or retail, with flexibility to meet a range of business needs. The location benefits from outstanding exposure along Stud Road, ensuring visibility to significant daily traffic flows and a steady stream of local consumers. The site is surrounded by a complementary retail mix that includes supermarkets, specialty stores, and service providers, creating a synergistic environment for businesses. With parking available through adjacent public facilities and immediate proximity to major transport routes, access for customers and staff is seamless. This tightly held center is a proven performer and offers an environment for businesses to thrive. A strong position in a densely populated corridor, combined with adaptable space and an active commercial cluster, makes this property an exceptional choice for operators seeking a competitive edge in the outer eastern suburbs of Melbourne.
- Fully Built-Out as Standard Retail Space
- Open Floor Plan Layout
- Space is in Excellent Condition
- Natural Light
- Located in-line with other retail
- Common Parts WC Facilities
- Open-Plan
- Display Window
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 | 1,991 SF | Property Subtype | Storefront Retail/Residential |
| Property Type | Retail | Gross Leasable Area | 4,015 SF |
| Total Space Available | 1,991 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 4,015 SF |
About the Property
Located on Stud Road within Wantirna South, the property forms part of a retail strip within the Studfield Shopping Centre overlay. The ground floor presents approximately 198 m², currently configured for flexible business applications. The site maintains a land area of around 207 m², with rear access connected to additional car parking facilities.
- Signage
- Storage Space
Presented by
223 Stud Rd
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