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28 Riddell Pde 1,690 SF of Retail Space Available in Elsternwick, VIC 3185

Highlights
- Prominent ground-floor position with full-height window frontage in a high-traffic locale
- Light-filled interiors feature polished concrete floors and adaptable dining layouts
- Excellent connectivity to public transport with nearby train, tram, and bus routes
- Fully fitted with commercial kitchen, coolroom, and storage facilities for turnkey operation
- Situated in the thriving Elsternwick retail and dining precinct near Classic Cinema
- Secure on-site basement parking included with lease
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 1,690 SF | 5-10 Years | Upon Request Upon Request Upon Request Upon Request | TBD |
Ground
This ground-floor retail tenancy offers a fully fitted and licensed hospitality setup within Elsternwick’s established retail and dining strip. The space is configured for café or restaurant use and includes a commercial kitchen, coolroom, storeroom, and fitted dining area. The interior provides polished concrete floors, abundant natural light through full-height glazing, and adaptable layouts suitable for various hospitality concepts. One secure basement car space is allocated for tenant use. The property is accessible via Glen Huntly Road and is located within close proximity to Elsternwick Railway Station, tram, and bus networks. Surrounding amenities include boutique retail shops, eateries, and entertainment venues, contributing to steady pedestrian activity. The premises are available on a lease transfer basis with incentives offered, and fit-out may be included at no additional cost.
- Fully Built-Out as a Restaurant or Café Space
- Central Air Conditioning
- Recessed Lighting
- Display Window
- 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 | 1,690 SF | Property Subtype | Storefront Retail/Residential |
| Property Type | Retail | Gross Leasable Area | 102,526 SF |
| Total Space Available | 1,690 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 102,526 SF |
About the Property
Position your business in the heart of Elsternwick’s vibrant retail and dining hub with this fully fitted, licensed restaurant space. Located steps from Glen Huntly Road, Elsternwick Railway Station, and the landmark Classic Cinema, the property is surrounded by high foot traffic and sought-after amenities. The ground floor enjoys an expansive glass frontage, inviting natural light and visibility, while polished concrete floors and a flexible open-plan design create a modern hospitality setting. The space comes with an existing commercial kitchen, coolroom, storerooms, and storage cage, providing a hassle-free start for café or restaurant operators. A secure basement car space further adds to convenience. Available for immediate occupation via a lease transfer, long-term control is assured with the current lease running through February 2028 and option terms available. Operators can take advantage of favorable rent-free incentives and potential inclusion of current fit-out at no additional cost, substantially reducing setup expenses.
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28 Riddell Pde
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