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372 High Street 549 - 2,077 SF of Space Available in Preston, VIC 3072
Highlights
- The property is located within the Activity Centre Zone in Preston.
- It is positioned along High Street, a corridor with significant commercial activity.
- The surrounding area includes a mix of retail, commercial, and service-based businesses.
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 1,528 SF | Negotiable | $22.55 /SF/YR $1.88 /SF/MO $34,469 /YR $2,872 /MO | TBD | ||
| 1st Floor | 549 SF | Negotiable | $62.79 /SF/YR $5.23 /SF/MO $34,467 /YR $2,872 /MO | TBD |
Ground
This retail and studio space spans two floors on High Street in Preston, and both levels are to be leased together. The layout offers a combination of open-plan areas and partitioned offices, providing flexibility for various business needs. The premises are fully self-contained and include a kitchenette, bathroom, and shower facilities. Heating and cooling systems are installed throughout the space, and rear access provides secure onsite car parking. The property is zoned under the Activity Centre Zone and is positioned in a high-visibility area with significant pedestrian activity.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 2,077 SF of adjacent space
- Central Air Conditioning
- Partitioned Offices
- Private Restrooms
- Shower Facilities
- Display Window
1st Floor
This retail and studio space spans two floors on High Street in Preston, and both levels are to be leased together. The layout offers a combination of open-plan areas and partitioned offices, providing flexibility for various business needs. The premises are fully self-contained and include a kitchenette, bathroom, and shower facilities. Heating and cooling systems are installed throughout the space, and rear access provides secure onsite car parking. The property is zoned under the Activity Centre Zone and is positioned in a high-visibility area with significant pedestrian activity.
- Fits 2 - 5 People
- 3 Private Offices
- Can be combined with additional space(s) for up to 2,077 SF of adjacent space
- Central Air Conditioning
- Private Restrooms
- Natural Light
- Shower Facilities
- Located in-line with other retail
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 | 2,077 SF | Property Subtype | Storefront Retail/Office |
| Property Type | Retail | Gross Leasable Area | 2,077 SF |
| Total Space Available | 2,077 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 2,077 SF |
About the Property
The property is situated on High Street in Preston, within the Activity Centre Zone. It is positioned in a mixed-use precinct that includes commercial, retail, and service-based businesses. The surrounding area is characterized by high pedestrian and vehicular traffic, supported by nearby public transport options. The property has rear access and provisions for onsite car parking. It is located adjacent to a major banking institution and is in proximity to other established businesses along the High Street corridor.
- 24 Hour Access
- Signage
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372 High Street
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