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Highlights

  • Total building area: 528 m²* with front-facing retail and rear functional space.
  • High-exposure corner with approx. 71 m² of street frontage for signage.
  • Fifteen on-site car spaces supported by additional public parking nearby.
  • Rear industrial/storage zone with roller door access for deliveries.
  • Commercial 1 zoning allows diverse retail, hospitality, or showroom uses (STCA).
  • Surrounded by established retailers, cafes, and lifestyle amenities in vibrant Ivanhoe East.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • Ground
  • 5,683 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
Space Use
Retail
Availability
30 Days

Commanding a prominent position on a high-exposure corner in Ivanhoe East, this landmark property delivers an outstanding opportunity for large-format retail, hospitality, or showroom occupiers. Spanning approximately 528 m², the site combines a spacious retail frontage of 228 m² with a versatile 246 m² rear processing or storage area accessible via roller door, supporting a broad range of uses (STCA). With 71 metres of combined street frontage, expansive signage rights, and strong local trade, the property provides significant branding and visibility. Fifteen on-site car spaces plus ample public parking ensure convenient accessibility for both staff and customers. Previously home to a well-known hospitality venue, the premises carry strong local recognition in a thriving retail and dining precinct. The Commercial 1 zoning further enhances the property’s adaptability, making it suitable for businesses seeking a flagship suburban location in one of Melbourne’s most affluent residential markets.

  • Corner Space
  • Demised WC facilities
Space Size Term Rental Rate Rent Type
Ground 5,683 SF Negotiable Upon Request Upon Request Upon Request Upon Request TBD

Ground

Size
5,683 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Availability
30 Days

Commanding a prominent position on a high-exposure corner in Ivanhoe East, this landmark property delivers an outstanding opportunity for large-format retail, hospitality, or showroom occupiers. Spanning approximately 528 m², the site combines a spacious retail frontage of 228 m² with a versatile 246 m² rear processing or storage area accessible via roller door, supporting a broad range of uses (STCA). With 71 metres of combined street frontage, expansive signage rights, and strong local trade, the property provides significant branding and visibility. Fifteen on-site car spaces plus ample public parking ensure convenient accessibility for both staff and customers. Previously home to a well-known hospitality venue, the premises carry strong local recognition in a thriving retail and dining precinct. The Commercial 1 zoning further enhances the property’s adaptability, making it suitable for businesses seeking a flagship suburban location in one of Melbourne’s most affluent residential markets.

  • Corner Space
  • Demised WC facilities

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 5,683 SF
Property Type Retail
Property Subtype Freestanding
Gross Leasable Area 5,683 SF
Parking Ratio 2.64/1,000 SF

About the Property

The property includes a high-profile retail building with ancillary industrial/storage space on a corner allotment of approximately 971 m². Features include multi-zone layout, roller door access, strong on-site parking provision, and prominent street exposure within a premium metropolitan retail environment.

  • Signage
  • Automatic Blinds
  • Listing ID: 40327190

  • Date on Market: 4/29/2026

  • Last Updated:

  • Address: 262 Lower Heidelberg Rd, Ivanhoe East, VIC 3079

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