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74 Young Street 1,873 SF of Retail Space Available in Frankston, VIC 3199
Highlights
- Prominent retail frontage of approximately 5.8 meters providing exceptional street presence.
- Positioned in a thriving location just steps from Frankston Train Station and major parking infrastructure.
- Rear lane access for convenient loading or additional access flexibility.
- Generous retail footprint complemented by two-level office or storage configuration.
- Only 700 meters from Frankston Beach and supported by strong surrounding amenity.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 1,873 SF | Negotiable | $18.74 /SF/YR $1.56 /SF/MO $35,100 /YR $2,925 /MO | TBD |
Ground
Positioned in one of the most visible and highly trafficked retail corridors within the Mornington Peninsula, this outstanding freehold property on Young Street offers a premium leasing opportunity for businesses seeking exposure and strong customer engagement. The property presents a flexible floor plan incorporating a substantial retail area, on-site amenities, and two levels of office or storage space, designed to accommodate a wide variety of uses. Fronting Young Street with a 5.8-meter display width, the premises benefits from constant pedestrian and vehicular activity, further supported by its location opposite the expanded Frankston Train Station car park which now features more than 500 spaces. The property is adjacent to one of Melbourne’s busiest 7-Eleven stores, generating consistent foot traffic and adding to the vibrancy of the immediate precinct. Situated just 700 meters from Frankston Beach, the property also enjoys dynamic surrounding amenities, including major retail, dining, and service outlets. With rear laneway access via Gallery Lane, this tenancy offers functionality for operations requiring dual entry points or streamlined loading and servicing.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Secure Storage
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 | 1,873 SF | Property Subtype | Storefront |
| Property Type | Retail | Gross Leasable Area | 1,873 SF |
| Total Space Available | 1,873 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 1,873 SF |
About the Property
The property at 74 Young Street, Frankston is a Commercial 1 Zoned retail premises featuring a two-level configuration suitable for mixed-use applications. It offers a building area of approximately 174 square meters and is located within close proximity to public transportation routes and beachside amenities.
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74 Young Street
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