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47 Elgin St 1,668 SF of Retail Space Available in Carlton, VIC 3053

Highlights
- High ceilings, exposed structure
- Prominent street frontage
- Rear laneway access
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 1,668 SF | 1-5 Years | $16.57 /SF/YR $1.38 /SF/MO $27,649 /YR $2,304 /MO | TBD |
Ground
An exceptional opportunity to secure a character-rich commercial space in one of Carlton’s most desirable city-fringe locations. This ground-floor tenancy offers approximately 155 m² of versatile space, blending heritage charm with modern functionality. Featuring high ceilings, exposed structural elements, polished concrete and terrazzo floors, and a striking internal green feature wall, the property provides a unique backdrop for businesses seeking a distinctive presence. The existing layout includes an open-plan area, a partitioned meeting room, and both standard and disabled-access toilets. Rear laneway access ensures convenient service entry, while prominent street frontage offers excellent signage potential (subject to approvals). Flexible lease terms make this an ideal solution for a variety of uses, including office, creative studio, allied health, boutique fitness, retail, or pop-up concepts. Whether you need a short-term transitional space or a long-term home for your business, 47 Elgin Street delivers adaptability in a prime location. Positioned in the heart of Carlton, the property is surrounded by the vibrant Lygon Street precinct, renowned for its cafés, eateries, and retail offerings. Excellent public transport links and proximity to Melbourne CBD enhance accessibility for staff and clients alike. This is a rare opportunity to secure a space that combines character, connectivity, and convenience in one of Melbourne’s most dynamic inner-city neighborhoods.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Partitioned Offices
- High Ceilings
- Shower Facilities
- Demised WC facilities
- High ceilings, exposed structure
- Existing fit-out includes accessible amenities
- Rear laneway access for deliveries
- Prominent street frontage
- Flexible lease terms
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 | 1,668 SF | Property Subtype | Storefront Retail/Office |
| Property Type | Retail | Gross Leasable Area | 3,337 SF |
| Total Space Available | 1,668 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 3,337 SF |
About the Property
47 Elgin St, Carlton is a 2-storey building with a 310m² GLA - a character-filled heritage building featuring high ceilings, exposed structure, and polished concrete/terrazzo finishes. This property is located near the intersection of Elgin and Lygon Streets, providing exposure and connectivity to a retail and dining corridor. The surrounding area is renowned for its mix of cafes, restaurants, and specialty retailers, attracting strong foot traffic from both local residents and visitors.
- Bus Line
- Freeway Visibility
- Signage
Nearby Major Retailers
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47 Elgin St
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