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384 High Street 431 - 1,399 SF of Space Available in Preston, VIC 3072
Highlights
- Two-level mixed-use property with retail on the ground floor and office space on the first floor.
- Includes functional rooms across both levels with internal kitchen and restroom facilities.
- Surrounded by retail, dining, and local amenities, supporting foot traffic and business exposure.
- Prominent frontage along High Street in the established Preston Shopping Precinct.
- Highly accessible location near Preston Railway Station, tram, and bus services.
- Off-street parking for two vehicles and strong signage opportunities for branding.
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 431 SF | 1-10 Years | $9.51 /SF/YR $0.79 /SF/MO $4,096 /YR $341.35 /MO | TBD |
1st Floor
The first floor provides a self-contained office area above High Street, ideal for professional services or small businesses seeking an accessible work environment. The upper-level setting offers privacy while maintaining close proximity to the vibrant activity below. This office space benefits from adaptable layouts to support different business needs and comes with access to amenities such as the ground-floor kitchen and restrooms. With public transportation just steps away and easy vehicular access from main roads like Plenty Road and Murray Road, the location supports regional connectivity for visiting clients.
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Can be combined with additional space(s) for up to 1,399 SF of adjacent space
- Central Air Conditioning
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 969 SF | 1-10 Years | $9.51 /SF/YR $0.79 /SF/MO $9,216 /YR $768.03 /MO | TBD | ||
| 1st Floor | 431 SF | 1-10 Years | $9.51 /SF/YR $0.79 /SF/MO $4,096 /YR $341.35 /MO | TBD |
Ground
Positioned at street level along bustling High Street, this retail space offers maximum exposure in Preston’s established commercial corridor. The ground floor comprises multiple rooms conducive for retail or service-oriented businesses, supported by kitchen and restroom amenities for day-to-day convenience. The space benefits from excellent pedestrian visibility and frontage, making it highly suitable for businesses seeking strong local presence. Located within walking distance of Preston Railway Station and numerous tram and bus routes, the property ensures accessibility for both clients and employees. Additionally, the surrounding streetscape features established retailers, cafes, and restaurants, contributing to strong foot traffic throughout the day.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 1,399 SF of adjacent space
- Central Air Conditioning
- Recessed Lighting
1st Floor
The first floor provides a self-contained office area above High Street, ideal for professional services or small businesses seeking an accessible work environment. The upper-level setting offers privacy while maintaining close proximity to the vibrant activity below. This office space benefits from adaptable layouts to support different business needs and comes with access to amenities such as the ground-floor kitchen and restrooms. With public transportation just steps away and easy vehicular access from main roads like Plenty Road and Murray Road, the location supports regional connectivity for visiting clients.
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Can be combined with additional space(s) for up to 1,399 SF of adjacent space
- Central Air Conditioning
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 | 1,399 SF | Property Subtype | Storefront Retail/Office |
| Property Type | Retail | Gross Leasable Area | 1,507 SF |
| Total Space Available | 1,399 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 1,507 SF |
About the Property
The property at 384 High Street, Preston VIC 3072 consists of a two-level building located within the Preston Shopping Precinct. The site features ground-floor retail space with street frontage along High Street and an upper-level office area. The property includes off-street parking for two vehicles and is zoned for retail use. Public transportation is readily accessible from the property, with nearby tram, bus, and train connections, including Preston Railway Station within walking distance. Surrounding amenities include retail stores, cafés, and essential services. The building provides internal facilities such as a kitchen and restroom and offers signage opportunities visible to High Street traffic.
- Signage
- Recessed Lighting
- Air Conditioning
Presented by
384 High Street
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