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503 High Street Rd 786 SF of Retail Space Available in Mount Waverley, VIC 3149
Highlights
- Zoned Commercial 1, Permitting A Range Of Uses Under Local Planning Controls
- Positioned Within An Established Retail Strip In Mount Waverley, Close To Residential Areas, Schools, And Parks
- Direct Frontage To High Street Road With Exposure To Passing Traffic
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 786 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
Ground
Position your business in a high-exposure location with this 73 m² single-storey retail space at 503 High Street Road, Mount Waverley. Zoned Commercial 1, the property offers flexibility for a wide range of retail or service-based uses, making it an excellent choice for operators seeking a strong local presence. The space benefits from prominent street frontage and consistent passing traffic, ensuring excellent visibility. Customers will appreciate the convenience of ample parking options, while rear lane access provides added functionality for deliveries and operations.
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Common Parts WC Facilities
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 | 786 SF | Gross Leasable Area | 786 SF |
| Property Type | Retail |
| Total Space Available | 786 SF |
| Property Type | Retail |
| Gross Leasable Area | 786 SF |
About the Property
The property is a single-storey retail premises comprising approximately 73 m² of internal area. It is zoned Commercial 1, allowing for a variety of permitted uses under local planning controls. The building has direct frontage to High Street Road and includes rear lane access for deliveries or secondary entry. Customer parking is available in the immediate vicinity, providing convenient access to the premises. The property is located within an established retail strip in Mount Waverley, in proximity to residential neighborhoods, schools, and public open spaces.
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503 High Street Rd
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