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291 Chapel Street 1,399 - 2,799 SF of Retail Space Available in Prahran, VIC 3181


Highlights
- Multiple public parking options are available, including Prahran Square with 500 underground spaces.
- The property is positioned within an active retail precinct featuring a mix of national retailers and local operators.
- Access to public transport includes tram routes and nearby train stations.
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 1,399 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor | 1,399 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
Ground
This retail space occupies a high-profile position along Chapel Street in Prahran and features a rare wide frontage of approximately 7.66 meters, offering significant branding opportunities. The tenancy will be delivered with a new shopfront, heating and cooling systems, amenities, and a clear-span interior with level concrete flooring. It benefits from rear access via Cato Street and rare on-site parking for three vehicles. The property also sits in a strong pedestrian precinct driven by nearby major retailers such as Coles, JB Hi-Fi, Rebel, Nike, and Lululemon, along with close proximity to Prahran Market and Woolworths.
- Located in-line with other retail
- Can be combined with additional space(s) for up to 2,799 SF of adjacent space
- Central Air Conditioning
- Display Window
1st Floor
This retail space occupies a high-profile position along Chapel Street in Prahran and features a rare wide frontage of approximately 7.66 meters, offering significant branding opportunities. The tenancy will be delivered with a new shopfront, heating and cooling systems, amenities, and a clear-span interior with level concrete flooring. It benefits from rear access via Cato Street and rare on-site parking for three vehicles. The property also sits in a strong pedestrian precinct driven by nearby major retailers such as Coles, JB Hi-Fi, Rebel, Nike, and Lululemon, along with close proximity to Prahran Market and Woolworths.
- Located in-line with other retail
- Can be combined with additional space(s) for up to 2,799 SF of adjacent space
- Central Air Conditioning
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 | 2,799 SF | Gross Leasable Area | 2,799 SF |
| Property Type | Retail |
| Total Space Available | 2,799 SF |
| Property Type | Retail |
| Gross Leasable Area | 2,799 SF |
About the Property
The property is located on Chapel Street in Prahran, Victoria, within an established retail precinct supported by national and international brands alongside local businesses. The surrounding area includes a wide range of retail, hospitality, and lifestyle operators, contributing to consistent pedestrian activity. Transport services are readily accessible in this area, supported by tram routes running along Chapel Street and nearby train stations. The location also provides access to several public car parking facilities, such as Prahran Square with underground bays and additional open-air lots. The site benefits from adjacency to mixed-use projects and residential developments, which are anticipated to increase population density in the vicinity.
- 24 Hour Access
- Signage
- Air Conditioning
Nearby Major Retailers
Presented by
291 Chapel Street
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