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Highlights

  • Prominent position in an affluent suburb with strong foot traffic.
  • Ample nearby parking and vibrant surrounding retail and lifestyle offerings.
  • Excellent public transport access and proximity to Nepean Highway.

All Available Space(1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • Ground
  • 861 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Retail
  • -
  • 30 Days

538 New Street presents an exceptional opportunity to secure a high-profile commercial space in one of Melbourne’s most prestigious suburbs. Positioned on the prominent corner of New Street and Rusden Street, this 80 m² tenancy offers a blank canvas for businesses seeking a premium location with strong visibility and accessibility. The property is ideally suited for a variety of uses (STCA), including hospitality, retail, or office. It features excellent natural light, a flexible layout, and grease trap connectivity, making it particularly attractive for food and beverage operators. The site benefits from significant foot traffic, parkland views, and immediate access to major arterials, including the Nepean Highway. Public transport connectivity is outstanding, with multiple tram and bus routes nearby and Elsternwick Train Station within walking distance. Ample surrounding parking and proximity to Brighton’s vibrant retail and lifestyle precinct further enhance the appeal of this location. This is a rare chance to establish your business in a blue-chip suburb with a strong local demographic and premium amenity.

Space Size Term Rental Rate Space Use Build-Out Available
Ground 861 SF Negotiable Upon Request Upon Request Upon Request Upon Request Retail - 30 Days

Ground

Size
861 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Retail
Build-Out
-
Available
30 Days

Ground

Size 861 SF
Term Negotiable
Rental Rate Upon Request
Space Use Retail
Build-Out -
Available 30 Days

538 New Street presents an exceptional opportunity to secure a high-profile commercial space in one of Melbourne’s most prestigious suburbs. Positioned on the prominent corner of New Street and Rusden Street, this 80 m² tenancy offers a blank canvas for businesses seeking a premium location with strong visibility and accessibility. The property is ideally suited for a variety of uses (STCA), including hospitality, retail, or office. It features excellent natural light, a flexible layout, and grease trap connectivity, making it particularly attractive for food and beverage operators. The site benefits from significant foot traffic, parkland views, and immediate access to major arterials, including the Nepean Highway. Public transport connectivity is outstanding, with multiple tram and bus routes nearby and Elsternwick Train Station within walking distance. Ample surrounding parking and proximity to Brighton’s vibrant retail and lifestyle precinct further enhance the appeal of this location. This is a rare chance to establish your business in a blue-chip suburb with a strong local demographic and premium amenity.

Property Facts

Total Space Available 861 SF
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Size 294,651 SF

About the Property

538 New Street is a group of 4 multifamily buildings located in Brighton, Victoria. The property has a total of 291 units - 151 social housing and 140 market homes. The property is positioned on a busy corner and benefits from strong visibility, public transport connectivity, and proximity to major arterials.

  • Listing ID: 39897646

  • Date on Market: 3/25/2026

  • Last Updated:

  • Address: 538 New St, Brighton, VIC 3186

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