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588 Malvern Rd 1,076 SF of Retail Space Available in Prahran, VIC 3181
Highlights
- Immediate access to tram and bus services at the front door, with Hawksburn Train Station a short walk away
- Includes practical amenities such as a kitchenette, bathroom facilities, and an inviting rear courtyard
- Located directly opposite Woolworths, ensuring strong and consistent consumer traffic
- Situated in one of Melbourne’s most desirable lifestyle suburbs
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 1,076 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
Ground
The space at 588 Malvern Road, Prahran offers practical amenities designed to enhance both functionality and comfort. It features a kitchenette to accommodate food preparation or staff break needs, along with bathroom facilities for convenience. A private rear courtyard provides additional flexibility for light outdoor use or storage solutions. The interior is well appointed and adaptable, making it suitable for retail display or an office fit-out.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air Conditioning
- High Ceilings
- Secure Storage
- 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 | 1,076 SF | Property Subtype | Storefront |
| Property Type | Retail | Gross Leasable Area | 1,076 SF |
| Total Space Available | 1,076 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 1,076 SF |
About the Property
588 Malvern Road is a retail property located within a prominent shopping strip in Prahran, Victoria. The immediate area comprises a dense mix of retail, dining, and lifestyle operators. The site offers frontage to Malvern Road with tram routes and bus services adjacent to the property. Hawksburn Railway Station is nearby, providing access to the broader metropolitan network. The property includes standard amenities with a courtyard and is positioned opposite a major supermarket within an established commercial precinct.
- Courtyard
- Signage
- Monument Signage
- Air Conditioning
Nearby Major Retailers
Contact
-
Tamara Gross -
Belle Property Commercial South Melbourne
Presented by
588 Malvern Rd
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