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526 Macaulay Rd 1,292 SF of Retail Space Available in Kensington, VIC 3031
Highlights
- Positioned in the bustling Kensington Village shopping strip within 4 km of Melbourne CBD.
- High foot traffic location with exceptional street presence along Macaulay Road.
- Immediate proximity to public transport, including multiple train and tram routes.
- Offers a versatile 120 m² retail/commercial layout on a 180 m² land parcel.
- Easy rear access and on-site car parking enhance daily operations.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 1,292 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
Ground
The available space consists of a 120 m² retail/commercial tenancy located in the central Kensington Village precinct. The tenancy offers a functional open-plan layout suitable for a variety of uses and includes rear access for deliveries and an allocated car space. Customers can benefit from the property’s high foot traffic and strong visibility along Macaulay Road. The property sits on a 180 m² land parcel approximately 4 km from Melbourne CBD and is surrounded by an active mix of retailers, cafes, and services, contributing to steady local patronage. Public transport is easily accessible with Kensington Station nearby, supporting convenience for visitors and staff. Utilities and building specifications are standard for retail use. Additional internal configurations or fit-outs may be considered based on tenant requirements.
- Fully Built-Out as Standard Retail Space
- Central Air Conditioning
- Partitioned Offices
- Smoke Detector
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 | 1,292 SF | Property Subtype | Storefront Retail/Residential |
| Property Type | Retail | Gross Leasable Area | 1,292 SF |
| Total Space Available | 1,292 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 1,292 SF |
About the Property
Located in the vibrant heart of Kensington Village, this retail/commercial property offers an outstanding position with unmatched convenience and exposure. Boasting a versatile 120 m² shop space on a 180 m² land parcel, the site ensures excellent usability for a variety of business categories, including hospitality, specialty retail, or professional services. The property benefits from consistent high foot traffic and prominent Macaulay Road frontage, enhancing brand visibility and easy customer access. Rear entry with an allocated car space provides operational efficiency, while proximity to major transport links, including Kensington Station just steps away, guarantees connectivity for employees and patrons. Situated only 4 km from Melbourne’s CBD, this Kensington address places tenants at the center of a thriving, community-oriented retail precinct with strong neighborhood loyalty and steady consumer activity.
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526 Macaulay Rd
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