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5 Garema Pl 807 SF of Retail Space Available in Canberra, ACT 2601
Highlights
- Located within Canberra CBD’s primary retail and entertainment strip
- High pedestrian traffic with strong surrounding amenity
- Functional layout including storage, kitchenette, and amenities
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 3 | 807 SF | 1-10 Years | $34.52 /SF/YR $2.88 /SF/MO $27,867 /YR $2,322 /MO | TBD |
1st Floor, Ste 3
Suite 3 offers approximately 75 m² of retail showroom space, positioned within Canberra’s vibrant CBD precinct at Garema Place. This first-floor tenancy combines functionality with style, featuring an existing fit-out ideally suited for boutique retail or display purposes. The layout includes an open showroom area, rear storage, a kitchenette, and private amenities, creating a ready-to-use environment for incoming occupants. Quality finishes and a neutral interior palette allow for customization with minimal effort, ensuring a smooth transition for businesses keen to commence operations. Located in the heart of Canberra’s retail core, this property benefits from strong pedestrian activity and excellent visibility, supported by proximity to cafés, restaurants, and public transport options. Its central position ensures convenience for customers and staff alike, with nearby parking and easy access to surrounding lifestyle and business amenities. This tenancy presents an adaptable platform for boutique retail, specialty goods, or creative display concepts within one of the city’s busiest commercial destinations.
- Partially Built-Out as Standard Retail Space
- Central Air Conditioning
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 | 807 SF | Property Subtype | Storefront Retail/Office |
| Property Type | Retail | Gross Leasable Area | 7,319 SF |
| Total Space Available | 807 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 7,319 SF |
About the Property
5-11 Garema Place is a mixed-use commercial property located within Canberra’s central retail and lifestyle hub. The building consists of ground and upper-level tenancies overlooking a high-traffic pedestrian plaza that hosts an array of dining, fashion, and specialty retailers. Positioned within walking distance of major landmarks such as the Canberra Centre and key public transport nodes, this address provides excellent connectivity. The precinct is well-established as a focal point for retail and entertainment activity, contributing to a dynamic environment for businesses seeking prominence in the city center.
- 24 Hour Access
- Air Conditioning
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5 Garema Pl
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