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276 High St 592 SF of Retail Space Available in Preston, VIC 3072
Highlights
- Convenient access to multiple public transport options including tram, bus, and train.
- Located in a dense trade area with stable residential catchment and strong consumer draw.
- Flexible zoning and layout to accommodate retail, medical, or showroom concepts.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 592 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
Ground
This highly visible retail opportunity is positioned along Preston’s thriving High Street precinct, surrounded by more than 140 established businesses. The site offers 145 m² of versatile space with a shopfront presence of approximately 55 m², featuring ample natural light and excellent intersection exposure. Its close proximity to public transport, including bus stops, trams, and Bell Railway Station within walking distance, ensures strong connectivity for staff and customers. The internal layout includes two upstairs rooms suitable for ancillary use, while rear access and secured parking add significant operational convenience. The location experiences a high volume of vehicular and pedestrian traffic, making it ideal for a range of uses such as retail, medical, showroom, or specialty services (STCA). Negotiable lease terms provide flexibility for incoming occupants seeking to leverage a well-established retail hub with strong local and regional appeal.
- Located in-line with other retail
- Central Air Conditioning
- Prominent frontage on High Street
- Rear entry with secure on-site parking
- Constant foot and vehicle traffic
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 | 592 SF | Property Subtype | Storefront Retail/Residential |
| Property Type | Retail | Gross Leasable Area | 1,561 SF |
| Total Space Available | 592 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 1,561 SF |
About the Property
The property at 276 High Street, Preston VIC comprises a ground-floor retail premises with ancillary upper-level rooms. It is situated within a continuous retail strip that includes numerous specialty shops and service operators. The site enjoys rear-lane access that delivers secured vehicle parking. Surrounding infrastructure includes major arterial roads such as Plenty Road and Bell Street. Public transportation is available via nearby tram and bus services as well as Bell Railway Station, located less than 500 meters from the property.
- Signage
- Air Conditioning
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276 High St
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