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469 Chapel St 344 - 2,067 SF of Retail Space Available in South Yarra, VIC 3141
Highlights
- High local spending power and steady shopper flow driven by dense residential population and nearby employment base.
- Prominent 6-meter street frontage offering strong brand visibility along Chapel Street.
- Prime location within a thriving retail hub surrounded by major national brands.
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 1,722 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor | 344 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
Ground
Position your brand in the vibrant heart of South Yarra with this two-level retail opportunity along the bustling Chapel Street corridor. Offering 192 sqm over two floors, the property features a wide 6-meter frontage for excellent exposure, rear access for operational convenience, and a versatile first-floor space suitable for storage or office use. Located within a premier retail destination, tenants will benefit from consistent foot traffic generated by the precinct’s national retailers, trendy dining establishments, and entertainment options. This established high-performing shopping environment is bolstered by a substantial local catchment and a steady flow of both residents and workers. The property’s flexible lease terms cater to both short- and long-term occupiers, making it adaptable for a diverse range of retail uses (STCA). Its strategic positioning amidst ongoing residential projects ensures an expanding clientele, supported by day and evening trade. This is an exceptional opportunity to secure a presence in one of Melbourne’s most dynamic and sought-after lifestyle precincts.
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 2,067 SF of adjacent space
- Central Air Conditioning
1st Floor
Position your brand in the vibrant heart of South Yarra with this two-level retail opportunity along the bustling Chapel Street corridor. Offering 192 sqm over two floors, the property features a wide 6-meter frontage for excellent exposure, rear access for operational convenience, and a versatile first-floor space suitable for storage or office use. Located within a premier retail destination, tenants will benefit from consistent foot traffic generated by the precinct’s national retailers, trendy dining establishments, and entertainment options. This established high-performing shopping environment is bolstered by a substantial local catchment and a steady flow of both residents and workers. The property’s flexible lease terms cater to both short- and long-term occupiers, making it adaptable for a diverse range of retail uses (STCA). Its strategic positioning amidst ongoing residential projects ensures an expanding clientele, supported by day and evening trade. This is an exceptional opportunity to secure a presence in one of Melbourne’s most dynamic and sought-after lifestyle precincts.
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 2,067 SF of adjacent space
- Central Air Conditioning
- Secure Storage
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 | 2,067 SF | Property Subtype | Storefront |
| Property Type | Retail | Gross Leasable Area | 2,067 SF |
| Total Space Available | 2,067 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 2,067 SF |
About the Property
The property is situated along Chapel Street in South Yarra, a highly active retail and lifestyle precinct well-served by public transportation, including tram and rail links within walking distance. It is surrounded by national retailers and complemented by nearby residential developments contributing to increased foot traffic. The building spans two floors, includes a ground-level retail area and an upper-level space suitable for storage or office functions, and is accessible via rear entry.
- Signage
- Storage Space
- Air Conditioning
Nearby Major Retailers
Presented by
Fitzroys
469 Chapel St
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