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375-377 Springvale Rd 538 SF of Retail Space Available in Springvale South, VIC 3171
Highlights
- Located in a vibrant shopping hub opposite Woolworths and surrounded by leading national retailers.
- Excellent connectivity via public transport with bus and train access, plus easy road connectivity.
- Offers flexibility for multiple uses within Commercial 1 Zone (C1Z) (STCA).
- Area set to benefit from large-scale redevelopment initiatives and government-funded improvement projects.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground, Ste 375 | 538 SF | Negotiable | $21.04 /SF/YR $1.75 /SF/MO $11,323 /YR $943.61 /MO | TBD |
Ground, Ste 375
375 Springvale Road offers a rare retail opportunity in the heart of one of Melbourne’s busiest shopping destinations. Positioned with exceptional exposure along Springvale Road, the property spans approximately 50 square meters and features a full glass frontage to maximize street visibility. The tenancy also includes a rear courtyard, on-site amenities such as a kitchen and toilet, and is safeguarded by security grills on all windows. This site caters to a range of potential uses (STCA) and is situated within a thriving retail corridor anchored by major national tenants including Coles, Woolworths, Subway, Spotlight, Hungry Jack’s, and Red Rooster. The location benefits from high pedestrian and vehicular volumes, supported by strong local demographics and extensive surrounding amenities. The property is well connected to public transport with a bus stop directly out front and Springvale Train Station nearby. Additionally, significant government investment in the Springvale Boulevard Project and the planned $3.5 billion redevelopment of Sandown Racecourse are set to further enhance the area’s appeal and growth prospects. With on-site natural gas and a 3-phase power supply, this property provides both flexibility and functionality for incoming tenants.
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Display Window
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 | 538 SF | Property Subtype | Storefront |
| Property Type | Retail | Gross Leasable Area | 4,026 SF |
| Total Space Available | 538 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 4,026 SF |
About the Property
The property at 375 Springvale Road comprises approximately 374 square meters of retail floor area located on a major arterial in Springvale. Zoning is Commercial 1 Zone (C1Z). The premises include rear access with a small courtyard, basic amenities, and infrastructure such as gas connection and 3-phase power. The surrounding amenities include supermarkets and quick-service dining options, with strong public transport connectivity and proximity to a future strategic redevelopment zone at Sandown.
- Signage
- Air Conditioning
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375-377 Springvale Rd
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