Your email has been sent.
395-397 Elizabeth Street 1,787 - 3,584 SF of Retail Space Available in Melbourne, VIC 3000
Highlights
- The property is located on Elizabeth Street within Melbourne’s central business district.
- The surrounding area includes a mix of retail, hospitality, and commercial uses.
- The property benefits from rear access and is situated in an area with established urban infrastructure.
- It is positioned near Melbourne Central Station and multiple tram routes, offering strong public transport access.
- The location is supported by a high-density population of residents and students.
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 1,798 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor | 1,787 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
Ground
The available space at 395-397 Elizabeth Street comprises two levels with a total building area of approximately 333 square meters. The ground floor offers around 167 square meters, while the first floor provides approximately 166 square meters. The layout is flexible, allowing the entire premises to be leased as one or divided into separate levels. Rear access is available, providing convenient loading and independent entry points. The property features a shop frontage of approximately six meters and is suitable for a range of uses, subject to council approval, including retail, food and beverage, and professional services.
- Can be combined with additional space(s) for up to 3,584 SF of adjacent space
- 1 Loading Dock
- Display Window
1st Floor
The available space at 395-397 Elizabeth Street comprises two levels with a total building area of approximately 333 square meters. The ground floor offers around 167 square meters, while the first floor provides approximately 166 square meters. The layout is flexible, allowing the entire premises to be leased as one or divided into separate levels. Rear access is available, providing convenient loading and independent entry points. The property features a shop frontage of approximately six meters and is suitable for a range of uses, subject to council approval, including retail, food and beverage, and professional services.
- Can be combined with additional space(s) for up to 3,584 SF of adjacent space
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 | 3,584 SF | Gross Leasable Area | 3,584 SF |
| Property Type | Retail |
| Total Space Available | 3,584 SF |
| Property Type | Retail |
| Gross Leasable Area | 3,584 SF |
About the Property
The property at 395-397 Elizabeth Street is a dual-level building located within Melbourne’s central business district. It is positioned along Elizabeth Street, a major thoroughfare that accommodates significant pedestrian and vehicular movement. The site is within close proximity to Melbourne Central Station and is serviced by multiple tram routes, providing strong public transport connectivity. The surrounding area consists of a mix of retail, hospitality, and commercial establishments, as well as a high concentration of residential apartments and student accommodation. The property includes rear access and is situated in a precinct characterized by consistent foot traffic and established urban infrastructure.
- Signage
Nearby Major Retailers
Presented by
Property Times
395-397 Elizabeth Street
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.