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23 Koornang Rd 1,023 SF of Retail Space Available in Carnegie, VIC 3163
Highlights
- Located on Koornang Road, Carnegie’s main retail and dining strip, renowned for consistent customer activity and strong local trade.
- Superior connectivity via Carnegie Train Station and multiple bus/tram routes, enabling ease of customer and workforce access.
- Surrounded by established amenity including Carnegie Central, major supermarkets, specialty cafés, and everyday services.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground, Ste Shop 4 | 1,023 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
Ground, Ste Shop 4
GormanKelly is delighted to present Shop 4, 23 Koornang Road, a premium retail opportunity positioned in the heart of Carnegie’s dynamic commercial and dining precinct. Offering 95 m² of fully open-plan floor space, this tenancy provides unmatched exposure in a high-traffic location less than one minute from Carnegie Train Station, delivering exceptional convenience and visibility for both customers and staff. Configured for flexibility, the property presents as an ideal setting for hospitality operators—including cafés, restaurants, and takeaway businesses—or boutique retail concepts, supported by its Commercial 1 Zone (C1Z). The tenancy features clear-span interiors ready for customization and benefits from private car parking, a highly valued attribute in this vibrant strip. With Koornang Road renowned for its vibrant mix of eateries, specialty stores, and essential services, this location taps into a strong trade catchment buoyed by consistent population growth and high customer activity. Convenient proximity to major arterial routes and abundant nearby customer parking further amplifies its business appeal.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Display Window
- 95 m² flexible open-plan retail space
- Unbeatable location on Koornang Road
- Less than a one-minute walk to Carnegie Train Stn
- Includes private on-site car parking
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 | 1,023 SF | Property Subtype | Storefront Retail/Office |
| Property Type | Retail | Gross Leasable Area | 12,917 SF |
| Total Space Available | 1,023 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 12,917 SF |
About the Property
23 Koornang Road occupies a strategic position within Carnegie's vibrant retail and commercial hub, benefiting from strong foot traffic and excellent patronage driven by the area's mix of local retailers, dining venues, and essential services. Set within the City of Glen Eira, the property spans approximately 988 m² (landholding) with an estimated building coverage of 745 m², providing substantial internal capacity adaptable for mixed commercial uses (STCA).
- Corner Lot
- Freeway Visibility
- Restaurant
- Signage
- Air Conditioning
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23 Koornang Rd
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