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47-69 Centreway 915 SF of Retail Space Available in Mount Waverley, VIC 3149
Highlights
- Significant council car park directly in front of the property.
- Suitable for a variety of retail uses (STPA).
- Surrounded by national retailers including Coles, Priceline, and Bendigo Bank.
- Well-supported retail village with strong community engagement.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground, Ste 67 | 915 SF | Negotiable | $37.69 /SF/YR $3.14 /SF/MO $34,480 /YR $2,873 /MO | TBD |
Ground, Ste 67
Located in the vibrant Pinewood Shopping Centre, 67 Centreway offers a prime retail opportunity in one of Mount Waverley’s most tightly held retail villages. This 85 m² shop is positioned between a pharmacy and a bank, ensuring strong foot traffic and visibility. A long-standing florist previously occupied the space, presenting an excellent opportunity for a new operator to capitalize on the established customer base and high-profile location. The property benefits from a significant council car park directly in front, providing ample customer parking and convenience. Surrounded by a mix of national and local retailers, including Coles, Priceline, Bakers Delight, Bendigo Bank, and Flight Centre, the centre enjoys strong community support and consistent patronage. With its strategic location and versatile layout, this property is suitable for a variety of retail uses (STPA).
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Demised WC facilities
- 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 | 915 SF | Gross Leasable Area | 20,785 SF |
| Property Type | Retail |
| Total Space Available | 915 SF |
| Property Type | Retail |
| Gross Leasable Area | 20,785 SF |
About the Property
The property is located in Mount Waverley, approximately 20 km southeast of Melbourne’s CBD, within the established Pinewood Shopping Centre. The centre is anchored by Coles and features a mix of national and local retailers, providing a strong retail ecosystem. The site offers convenient access to Blackburn Road and the Monash Freeway, with nearby public transport options including bus routes and train stations such as Syndal and Glen Waverley. The surrounding area is characterized by a mix of residential neighborhoods and commercial activity, supporting consistent retail demand.
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47-69 Centreway
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