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468 Bridge Rd 1,453 SF of Retail Space Available in Richmond, VIC 3121
Highlights
- Prime position on Bridge Road, one of Melbourne’s most dynamic lifestyle and retail destinations.
- Outstanding connectivity with Route 48 & 75 trams outside the door and close proximity to Richmond Station.
- High-profile presence with significant pedestrian and vehicular traffic, ideal for flagship retail or leading hospitality concepts.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 1,453 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
Ground
GormanKelly presents a prime retail leasing opportunity in the heart of the Bridge Road shopping and dining precinct. Comprising approximately 135 m² of versatile ground floor area, this tenancy occupies an enviable position on one of Melbourne’s most iconic retail strips, ensuring excellent brand visibility and access to a steady flow of local and destination shoppers. The property is zoned Commercial 1 (C1Z), offering exceptional flexibility for a wide spectrum of permitted uses including retail, hospitality, health and beauty, or professional services (STCA). An existing liquor licence (subject to transfer) adds further appeal for cafés, bars, or casual dining operators. With high-exposure street frontage, strong natural light, and prominent signage opportunities, this tenancy is set to deliver impact for ambitious occupiers. Located just 4 km from Melbourne CBD and serviced by tram routes 48 and 75, the property benefits from excellent accessibility and connectivity to major destinations including the Melbourne Cricket Ground (MCG), driving seasonal foot traffic and year-round activity.
- Fully Built-Out as a Drinking Establishment
- High Ceilings
- Display Window
- 135 m² of ground-floor retail space
- Outstanding signage and branding opportunities
- Existing liquor licence (STT) for hospitality
- Serviced by tram routes 48 and 75
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 | 1,453 SF | Property Subtype | Storefront Retail/Residential |
| Property Type | Retail | Gross Leasable Area | 2,077 SF |
| Total Space Available | 1,453 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 2,077 SF |
About the Property
468 Bridge Road is prominently located in the heart of Richmond’s vibrant retail and hospitality corridor, offering exceptional exposure along one of Melbourne’s busiest shopping and dining strips. The property sits on an approximate land size of 155 m² with an existing building footprint estimated around 193 m². Heritage Overlay (HO310) applies, requiring design considerations for external alterations, while preserving the property’s distinctive character within this historic precinct. Positioned among a diverse mix of boutique retailers, national brands, cafés, and eateries, the property benefits from heavy pedestrian flow and high-volume traffic, supported by tram routes running along Bridge Road and close connectivity to Richmond Railway Station and Swan Street. The location is recognized for its blend of retail, dining, and lifestyle destinations, attracting both local customers and destination shoppers.
- Fireplace
- Signage
Nearby Major Retailers
Contact
-
Samson Hooper -
GormanKelly
Presented by
468 Bridge Rd
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