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54 Portman St 1,722 SF of Retail Space Available in Oakleigh, VIC 3166
Highlights
- Prominent retail premises totaling 217 square meters with ground floor and first-floor accommodation.
- Versatile open-plan ground floor design with wide 7-meter frontage and strong street visibility.
- Prime position next to Oakleigh Central Shopping Centre, ensuring constant pedestrian flow.
- Equipped with three-phase power and dual-level functionality for operations and administration.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 1,722 SF | Negotiable | $25.22 /SF/YR $2.10 /SF/MO $43,429 /YR $3,619 /MO | TBD |
Ground
This high-profile retail opportunity is available for lease beside Oakleigh Central Shopping Centre, offering a prime location in one of the suburb’s busiest shopping and dining destinations. The premises deliver an open-plan ground floor layout suited for retail or hospitality operations, complemented by a first-floor space that can serve as office, storage, or additional customer area. Key features include three-phase power supply, wide street frontage, and Commercial 1 Zone flexibility. The property is surrounded by national retailers, cafes, and daily-need services, ensuring consistent foot traffic. Ample on-street parking and proximity to Oakleigh Station enhance accessibility for customers and staff. This tenancy presents an opportunity for businesses seeking profile, convenience, and immediate occupation in a thriving mixed-use environment.
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Private Restrooms
- Display Window
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 | 1,722 SF | Property Subtype | Storefront Retail/Residential |
| Property Type | Retail | Gross Leasable Area | 2,336 SF |
| Total Space Available | 1,722 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 2,336 SF |
About the Property
54 Portman Street, Oakleigh, VIC 3166 is located within the core retail and hospitality precinct of Oakleigh, immediately adjacent to the entrance of Oakleigh Central Shopping Centre. The property occupies a total building area of approximately 217 square meters, comprising 160 square meters on the ground floor and 57 square meters on the first floor. Positioned within a Commercial 1 Zone (C1Z), the property offers excellent exposure with a 7-meter frontage and benefits from strong pedestrian activity generated by surrounding retail and food operators. The site is well-connected, with Oakleigh Station within a two-minute walk and Princes Highway and Warrigal Road providing regional accessibility.
- Signage
- Air Conditioning
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54 Portman St
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