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544 Queensberry Street 667 - 1,345 SF of Retail Space Available in North Melbourne, VIC 3051
Highlights
- The property is positioned in North Melbourne, near the Melbourne CBD.
- Public transport services and major arterial roads are easily accessible from the site.
- It is located within a precinct that includes hospitality venues and retail businesses.
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 667 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor | 678 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
Ground
The available space comprises both the ground floor and first floor, which must be leased together as a single tenancy. It offers approximately 125 square meters of total area and features high ceilings throughout, creating an open and adaptable layout. The premises are suitable for a variety of uses, subject to council approval. Located within walking distance of Queen Victoria Market, the space benefits from steady pedestrian activity. Its prominent corner position provides strong street visibility for potential occupiers.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 1,345 SF of adjacent space
- Private Restrooms
- Shower Facilities
1st Floor
The available space comprises both the ground floor and first floor, which must be leased together as a single tenancy. It offers approximately 125 square meters of total area and features high ceilings throughout, creating an open and adaptable layout. The premises are suitable for a variety of uses, subject to council approval. Located within walking distance of Queen Victoria Market, the space benefits from steady pedestrian activity. Its prominent corner position provides strong street visibility for potential occupiers.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 1,345 SF of adjacent space
- Private Restrooms
- Shower 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 | 1,345 SF | Property Subtype | Storefront Retail/Office |
| Property Type | Retail | Gross Leasable Area | 1,345 SF |
| Total Space Available | 1,345 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 1,345 SF |
About the Property
The property is located at 544 Queensberry Street in North Melbourne, Victoria, within close proximity to Melbourne’s central business district. The surrounding area includes a mix of commercial establishments, hospitality venues, and residential developments. Public transportation options are readily accessible, and major arterial roads provide convenient connectivity to other parts of the city. The property is situated near Queen Victoria Market and is integrated into a precinct with numerous cafes, restaurants, and bars. The neighborhood continues to experience growth, supported by ongoing development activity and a diverse mix of businesses.
- 24 Hour Access
- Courtyard
- Signage
Nearby Major Retailers
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544 Queensberry Street
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