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428 Toorak Rd 570 SF of Retail Space Available in Toorak, VIC 3142
Highlights
- Located in the heart of Toorak Village, one of Melbourne’s most acclaimed lifestyle destinations.
- Rear access for ease of operations and deliveries.
- North-facing frontage delivering abundant natural light and visibility.
- Positioned among strong national and boutique retailers within a high foot traffic zone.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground, Ste 428D | 570 SF | Negotiable | $63.00 /SF/YR $5.25 /SF/MO $35,942 /YR $2,995 /MO | Triple Net (NNN) |
Ground, Ste 428D
428D Toorak Road presents an exceptional retail leasing opportunity within the prestigious Toorak Village precinct. Offering approximately 53 m² of internal space, the premises enjoys prime street visibility enhanced by its north-facing orientation and elegant Art Deco frontage. With the flexibility to accommodate a wide range of uses, including retail, beauty, medical consulting, or office purposes (STCA), this tenancy is ideal for operators seeking a high-profile position in a tightly held location. Rear access adds functional convenience, while the surrounding environment includes a strong mix of national retailers, local boutiques, and popular hospitality venues that collectively generate substantial pedestrian traffic. The property’s landmark address within one of Melbourne’s most affluent suburbs ensures unparalleled exposure, connectivity, and synergy with established businesses trading in Toorak Village.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air Conditioning
- 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 | 570 SF | Gross Leasable Area | 7,459 SF |
| Property Type | Retail |
| Total Space Available | 570 SF |
| Property Type | Retail |
| Gross Leasable Area | 7,459 SF |
About the Property
428 Toorak Road, Toorak, VIC 3142 is a two-floor retail property of approximately 693.14 square meters positioned along the established Toorak Village commercial precinct. The property features an original Art Deco facade, north-facing frontage, and a single-level layout adaptable for a variety of commercial uses subject to approval. Access is supported from both the street frontage and a rear entry point. Surrounding businesses include retail stores, hospitality operators, and service providers, with connectivity offered by nearby tram routes and road networks linking to Melbourne CBD.
- Signage
- Air Conditioning
Nearby Major Retailers
Contact
-
Danny Klotz -
Morley Commercial
Presented by
428 Toorak Rd
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