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732 Nicholson St 1,227 SF of Retail Space Available in Fitzroy North, VIC 3068
Highlights
- Versatile open-plan layout ideal for retail, creative, or office use with Commercial 1 Zone flexibility.
- Located close to University of Melbourne, Edinburgh Gardens, and Melbourne CBD for strong catchment appeal.
- Convenient rear access facilitating functional operations or additional storage solutions.
- Excellent accessibility with public transport at the door and the cosmopolitan Lygon Street just steps away.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 1,227 SF | Negotiable | $23.32 /SF/YR $1.94 /SF/MO $28,612 /YR $2,384 /MO | TBD |
Ground
Located within the vibrant and eclectic Fitzroy North retail precinct, 732 Nicholson Street presents an affordable leasing opportunity ideal for businesses seeking flexibility and exposure. Offering approximately 114.5 square meters of open-plan space, this property is well suited for a variety of uses such as a pop-up shop, creative studio, office, or specialty retail presence (STCA). The premises provide practical features including rear access and an adaptable layout, making it easy for tenants to configure for their operational requirements. Situated within the coveted Commercial 1 Zone (C1Z), the property benefits from excellent connectivity and proximity to key lifestyle destinations. Public transport is at the doorstep, while the dynamic café and retail culture of Lygon Street is only moments away. The University of Melbourne, Edinburgh Gardens, and Melbourne CBD are within easy reach, enhancing foot traffic and destination appeal. This is an outstanding opportunity for businesses to leverage one of Melbourne’s inner-north hotspots in a location characterized by its strong cultural identity and thriving retail strip. Immediate availability ensures occupiers can act quickly to capitalize on this strategic opportunity.
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air Conditioning
- 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 | 1,227 SF | Property Subtype | Storefront |
| Property Type | Retail | Gross Leasable Area | 1,238 SF |
| Total Space Available | 1,227 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 1,238 SF |
About the Property
The property at 732 Nicholson Street, Fitzroy North offers approximately 114.5 square meters of open-plan floor space and is zoned Commercial 1 (C1Z). It features rear access and occupies a prominent position along Nicholson Street, which benefits from steady pedestrian and vehicular traffic. The site is located in close proximity to Lygon Street, the University of Melbourne, and major recreational amenities such as Edinburgh Gardens, within 4 km of Melbourne CBD.
- Signage
- Air Conditioning
Nearby Major Retailers
Presented by
Compton Green
732 Nicholson St
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