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540 Malvern Rd 797 SF of Retail Space Available in Prahran, VIC 3181

Highlights
- Prominent Hawksburn Village location, one of Melbourne’s most sought-after boutique shopping and dining destinations.
- Features secure underground parking, enhancing convenience for occupiers and clientele.
- Zoned Commercial 1 (C1Z), offering flexibility for retail, hospitality, or office occupiers.
- Exceptional transport access with tram stop at the door and Hawksburn Station within 500 metres.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground, Ste 540B | 797 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
Ground, Ste 540B
GormanKelly is pleased to present 540B Malvern Road, an exclusive retail opportunity in the heart of the Hawksburn Village retail precinct, one of Melbourne’s most desirable boutique shopping destinations. Offering 74 m² of prime ground-floor retail space, this property boasts a Commercial 1 Zone (C1Z), providing flexibility for an array of retail and hospitality concepts. The tenancy features excellent exposure with strong branding opportunities, complemented by a steady flow of foot traffic from the surrounding premium retail mix and affluent customer base. The property includes one private undercover car park, a rare benefit in this highly sought-after location, alongside modern amenities for operator convenience. Ideally positioned just 200 metres from Hawksburn Station, the location ensures outstanding public transport accessibility and links via nearby arterial roads to key inner-Melbourne suburbs. Surrounded by a rich mix of cafés, specialty fashion operators, and lifestyle brands, this property offers a rare chance to secure frontage in an elite inner-city catchment with enduring demand.
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- High Ceilings
- Demised WC facilities
- Display Window
- 74 m² retail accommodation
- Prime positioning within Hawksburn Village
- Includes one dedicated undercover car park
- Located just 200 m from Hawksburn Station
- Available from Q3 2026
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 | 797 SF | Property Subtype | Storefront Retail/Office |
| Property Type | Retail | Gross Leasable Area | 14,865 SF |
| Total Space Available | 797 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 14,865 SF |
About the Property
540 Malvern Road occupies an iconic position in the heart of Hawksburn Village, one of Melbourne’s most prestigious lifestyle, retail, and business destinations. Situated within the City of Stonnington, this high-profile corner property forms part of a tightly held retail strip renowned for its curated blend of fashion boutiques, premium hospitality venues, and professional operators.
- Corner Lot
- Signage
- Tenant Controlled HVAC
- Air Conditioning
Nearby Major Retailers
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540 Malvern Rd
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