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248 Glenferrie Rd 323 - 1,561 SF of Retail Space Available in Malvern, VIC 3144
Highlights
- Premium retail/showroom/commercial opportunity with strong frontage on Glenferrie Road.
- Exceptional branding and signage exposure to high-volume pedestrian and vehicle traffic.
- Excellent accessibility with tram stop at the door, close to Malvern Station, and arterial road networks.
- Located within a blue-chip retail and lifestyle strip, home to luxury fashion, designer homewares, and top-tier service providers.
- Strategically positioned in affluent Malvern, supported by robust demographics and strong discretionary spending.
- Located within a heritage-character setting, delivering unique architectural appeal and strong identity value.
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 1,238 SF | Negotiable | $50.78 /SF/YR $4.23 /SF/MO $62,853 /YR $5,238 /MO | TBD | ||
| 1st Floor | 323 SF | Negotiable | $50.78 /SF/YR $4.23 /SF/MO $16,396 /YR $1,366 /MO | TBD |
Ground
248 Glenferrie Road presents an outstanding 145 sqm retail opportunity in a prominent corner position within Malvern’s premier shopping and lifestyle destination. This property combines versatility and exposure, making it perfect for high-end retail, boutique showrooms, or premium service operators seeking a flagship location in Melbourne’s blue-chip inner east. The tenancy offers a spacious open-plan showroom with strong branding potential and excellent visibility to both pedestrian and vehicle traffic. Complementing its retail area are office/storage zones designed for operational convenience, while onsite parking enhances accessibility for staff and clients. This space provides an ideal platform for businesses looking to establish a high-profile presence in a vibrant precinct surrounded by fashion boutiques, specialty retailers, dining venues, and lifestyle services. Positioned in one of Glenferrie Road’s busiest high-exposure corners and with tram stop access at your doorstep, plus proximity to Malvern Station, this property guarantees exceptional connectivity and customer engagement.
- Fully Built-Out as Standard Retail Space
- Can be combined with additional space(s) for up to 1,561 SF of adjacent space
- Display Window
- 145 sqm of versatile retail/showroom accommodation
- Prime corner location along Glenferrie Road
- Highly visible shopfront with excellent signage
- Onsite parking available
1st Floor
248 Glenferrie Road presents an outstanding 145 sqm retail opportunity in a prominent corner position within Malvern’s premier shopping and lifestyle destination. This property combines versatility and exposure, making it perfect for high-end retail, boutique showrooms, or premium service operators seeking a flagship location in Melbourne’s blue-chip inner east. The tenancy offers a spacious open-plan showroom with strong branding potential and excellent visibility to both pedestrian and vehicle traffic. Complementing its retail area are office/storage zones designed for operational convenience, while onsite parking enhances accessibility for staff and clients. This space provides an ideal platform for businesses looking to establish a high-profile presence in a vibrant precinct surrounded by fashion boutiques, specialty retailers, dining venues, and lifestyle services. Positioned in one of Glenferrie Road’s busiest high-exposure corners and with tram stop access at your doorstep, plus proximity to Malvern Station, this property guarantees exceptional connectivity and customer engagement.
- Fully Built-Out as Standard Retail Space
- Can be combined with additional space(s) for up to 1,561 SF of adjacent space
- Display Window
- 145 sqm of versatile retail/showroom accommodation
- Prime corner location along Glenferrie Road
- Highly visible shopfront with excellent signage
- Onsite parking available
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 | 1,561 SF | Property Subtype | Storefront Retail/Office |
| Property Type | Retail | Gross Leasable Area | 1,561 SF |
| Total Space Available | 1,561 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 1,561 SF |
About the Property
248 Glenferrie Road, Malvern, is a high-profile retail/commercial property excellently positioned in one of Melbourne’s most vibrant shopping and lifestyle destinations. Located within the heart of Glenferrie Road’s established retail strip, the property boasts exceptional street exposure and close proximity to prime residential catchments, making it a strategic choice for premium retailers, showrooms, or professional service occupiers seeking a blue-chip address.
- Corner Lot
- Storage Space
Presented by
248 Glenferrie Rd
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