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9 Leake St 1,076 SF of Retail Space Available in Essendon, VIC 3040
Highlights
- Located in an established residential precinct within Moonee Valley, close to arterial routes and public transport options.
- Features modern connectivity with NBN Fibre to the Curb and strong 5G mobile coverage.
- Situated approximately 10km from Melbourne CBD with convenient access to Melbourne Airport via Tullamarine Freeway.
- Walkable to Essendon North Primary School and zoned for Buckley Park College, alongside proximity to several independent schools.
- Easy access to Essendon Station, Mt Alexander Road retail strip, and nearby parklands.
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
Set within a tightly held Essendon village precinct, this quality 100 sqm* corner property offers a highly visible retail opportunity with exceptional exposure to one of Melbourne’s busiest corridors. The property features an impressive 10.2 metre* frontage, providing standout signage potential and strong street presence in the thriving Essendon activity center. With a Commercial 1 zoning, this space accommodates a diverse range of uses including hospitality, retail, medical, or professional services, subject to council approval. A rare on-site parking allocation enhances convenience for staff and clientele, complementing the property’s accessibility and foot traffic appeal. Located adjacent to Mt Alexander Road, the site benefits from approximately 28,000 passing vehicles daily, ensuring maximum exposure for any business. Positioned near public transport links and other established operators, the property offers outstanding connectivity and a competitive positioning for growing or established brands seeking to capitalize on this premium strip.
- Fully Built-Out as Standard Retail Space
- Fully Carpeted
- Secure Storage
- 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 | 1,076 SF | Property Subtype | Storefront |
| Property Type | Retail | Gross Leasable Area | 3,531 SF |
| Total Space Available | 1,076 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 3,531 SF |
About the Property
Positioned in a highly regarded Essendon pocket, 9 Leake Street offers a rare residential opportunity in a well-established neighborhood just 10km from Melbourne’s CBD. Sitting on a 328 m² lot, the home features three bedrooms within a vibrant and connected urban setting. Buyers will benefit from the amenity-rich environment, with easy access to tram and train services, local parks, and premier education providers such as Buckley Park College and Penleigh & Essendon Grammar School. The property enjoys the advantages of a calm residential street while being steps from lifestyle conveniences including local shopping strips, restaurants, and community facilities. Well-connected transport links provide seamless access to CityLink and Tullamarine Freeway, ensuring quick commutes to both the CBD and Melbourne Airport. Recent sales in the suburb reflect strong underlying demand, with similar homes exceeding $1.5 million, highlighting its investment appeal.
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9 Leake St
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