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Highlights

  • Prime high-profile position along Queens Parade, a major arterial with strong traffic volumes and footfall.
  • Inner-city convenience just minutes from Melbourne CBD, ideal for businesses seeking visibility and accessibility.
  • Approx. 241 m² site area, adaptable for retail, hospitality, or professional services (STCA).
  • Surrounded by a vibrant mix of cafés, boutique retail, supermarkets, and service providers in a proven trade environment.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • Ground, 1st Floor
  • 1,507 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD

The 2 spaces in this building must be leased together, for a total size of 1,507 SF (Contiguous Area):

Ground - 753 SF
1st Floor - 753 SF
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

GormanKelly is pleased to present 296 Queens Parade, an exceptional retail opportunity in the heart of one of Melbourne’s most vibrant inner-city strips. Offering 140 m² across two levels, this standalone building combines versatility, high visibility, and prime positioning within the tightly held Queens Parade corridor. The property provides a flexible layout suitable for a variety of uses, including hospitality, lifestyle retail, or boutique services. Key features include one secure rear car space, strong window exposure, and an adaptable interior ready for customisation. Positioned amidst a thriving mix of bars, cafés, specialty retailers, and essential services, the tenancy benefits from high pedestrian traffic and significant daily vehicle movement along this major arterial. Located just over 3 km from Melbourne’s CBD, the premises enjoys seamless access to public transport with tram services at the doorstep and Rushall Station within walking distance. Its proximity to the Eastern Freeway and Alexandra Parade further enhances connectivity. With lease terms and conditions negotiable, this is a rare chance to secure a spot in a thriving, character-filled precinct.

  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Display Window
  • 140 m² standalone retail building
  • Exceptional flexibility for multiple uses
  • High-profile location within Queens Parade
  • Rear parking for one car
Space Size Term Rental Rate Rent Type
Ground, 1st Floor 1,507 SF Negotiable Upon Request Upon Request Upon Request Upon Request TBD

Ground, 1st Floor

The 2 spaces in this building must be leased together, for a total size of 1,507 SF (Contiguous Area):

Size
Ground - 753 SF
1st Floor - 753 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

GormanKelly is pleased to present 296 Queens Parade, an exceptional retail opportunity in the heart of one of Melbourne’s most vibrant inner-city strips. Offering 140 m² across two levels, this standalone building combines versatility, high visibility, and prime positioning within the tightly held Queens Parade corridor. The property provides a flexible layout suitable for a variety of uses, including hospitality, lifestyle retail, or boutique services. Key features include one secure rear car space, strong window exposure, and an adaptable interior ready for customisation. Positioned amidst a thriving mix of bars, cafés, specialty retailers, and essential services, the tenancy benefits from high pedestrian traffic and significant daily vehicle movement along this major arterial. Located just over 3 km from Melbourne’s CBD, the premises enjoys seamless access to public transport with tram services at the doorstep and Rushall Station within walking distance. Its proximity to the Eastern Freeway and Alexandra Parade further enhances connectivity. With lease terms and conditions negotiable, this is a rare chance to secure a spot in a thriving, character-filled precinct.

  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Display Window
  • 140 m² standalone retail building
  • Exceptional flexibility for multiple uses
  • High-profile location within Queens Parade
  • Rear parking for one car

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 1,507 SF
Property Type Retail
Property Subtype Storefront
Gross Leasable Area 1,507 SF

About the Property

Positioned along the dynamic Queens Parade retail and dining strip, this property offers an outstanding opportunity for businesses seeking a prominent inner-city presence. The high-exposure location ensures continuous visibility from strong vehicular and pedestrian flows, making it highly attractive for retail, hospitality, or destination service operators.

  • Listing ID: 40687078

  • Date on Market: 5/28/2026

  • Last Updated:

  • Address: 296 Queens Pde, Fitzroy North, VIC 3068

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