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234-236 Ridge Rd 980 SF of Retail Space Available in Olinda, VIC 3788
Highlights
- Located on the main commercial street in Olinda, surrounded by cafés, boutiques, and specialty retail.
- Open, adaptable floor plan suitable for retail or office uses.
- Reverse-cycle split heating and cooling system ensures year-round comfort.
- Expansive double-front window display providing excellent street presence and natural light.
- On-site amenities include a bathroom and sink for operational convenience.
- Combination of front-of-shop and private rear parking for easy access.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 980 SF | Negotiable | $19.21 /SF/YR $1.60 /SF/MO $18,816 /YR $1,568 /MO | TBD |
Ground
This commercial space offers a highly visible position on Olinda’s main retail strip within the scenic Dandenong Ranges. The layout is currently open plan, providing flexibility for retail or office users who require adaptable space. A standout feature is the expansive double-front window façade, designed to maximize display and natural light while offering strong street presence. The space includes essential amenities such as a private bathroom and sink, supporting a range of operational needs. A reverse cycle heating and cooling system ensures comfort throughout the year, enhancing usability. Access is further supported by dual parking opportunities—convenient public parking at the front and private parking at the rear for staff or service vehicles. Additional elements include a commercial (General) zoning designation, a standalone treatment plant, and approximately nine meters of street frontage. With a total internal area of about 91.4 square meters, this space is suited for businesses requiring visibility and convenience in a vibrant tourist and local shopping precinct.
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air Conditioning
- Closed Circuit Television Monitoring (CCTV)
- Recessed Lighting
- Display Window
- Smoke Detector
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 | 980 SF | Property Subtype | Storefront |
| Property Type | Retail | Gross Leasable Area | 2,713 SF |
| Total Space Available | 980 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 2,713 SF |
About the Property
Seize a unique opportunity to acquire a versatile commercial property prominently positioned on Ridge Road in the scenic Dandenong Ranges. This well-maintained shopfront ensures strong exposure along Olinda’s main retail corridor, benefiting from consistent tourist traffic and a robust local community. Designed for flexibility, the open-plan layout can accommodate a range of business functions, from boutique retail to professional services. The property boasts dual accessibility with prominent front-of-shop parking and additional private parking at the rear, ideal for both customers and staff. Features include a large double-front window display, enhancing visibility for any business, and essential amenities such as an internal bathroom and sink for convenience. Comfort is assured year-round with reverse cycle split-system heating and cooling. Positioned in a Commercial (General) Zone and supported by a standalone treatment plant, this property offers adaptability for an owner-occupier or investor exploring long-term growth in one of Victoria’s most distinctive retail villages. Whether you are looking to capitalize on Olinda’s thriving local character or attract visitors seeking boutique shopping experiences, this property presents significant upside.
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234-236 Ridge Rd
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