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Highlights

  • Corner position at the intersection of Flinders and Elizabeth Streets, offering unmatched pedestrian visibility.
  • Ground floor plus basement configuration, providing flexible space for various retail or food uses.
  • High-profile location surrounded by major retailers and bustling hospitality operators.
  • Steps from Flinders Street Station and major tram stops, ensuring excellent commuter access.
  • Situated within walking distance to Melbourne’s iconic Federation Square, laneways, and entertainment precinct.

Space Availability (2)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • Basement, Ste 3
  • 1,076 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
Space Use
Retail
Build-Out
Partial Build-Out
Availability
Now

This prime retail tenancy is strategically positioned on the northeastern corner of Elizabeth and Flinders Street—a location recognized for some of the highest pedestrian traffic counts in Melbourne’s CBD. The space benefits from unparalleled visibility and access to Flinders Street Station and the Elizabeth Street tram terminus, making it ideal for operators seeking a central and connected presence. The tenancy offers a practical configuration with a ground floor area of approximately 70 m² and an additional 100 m² basement level, providing flexibility for retailers, specialty food concepts, or service providers. Surrounding the property are Melbourne’s iconic laneways filled with cafes, as well as major attractions including Collins Street, Bourke Street Mall, Federation Square, and Southbank’s entertainment precinct—all within walking distance. Nearby prominent retailers enhance the footfall and consumer mix, such as Liquorland, KFC, Sushi Hub, King Tea, Shujinko Ramen, and Walker’s Doughnuts. The tenancy offers a rare opportunity to capitalize on constant pedestrian flow and an established retail ecosystem at one of the city’s busiest and most recognizable addresses.

  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Secure Storage
  • Ground, Ste 3
  • 753 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
Space Use
Retail
Build-Out
Partial Build-Out
Availability
Now

This prime retail tenancy is strategically positioned on the northeastern corner of Elizabeth and Flinders Street—a location recognized for some of the highest pedestrian traffic counts in Melbourne’s CBD. The space benefits from unparalleled visibility and access to Flinders Street Station and the Elizabeth Street tram terminus, making it ideal for operators seeking a central and connected presence. The tenancy offers a practical configuration with a ground floor area of approximately 70 m² and an additional 100 m² basement level, providing flexibility for retailers, specialty food concepts, or service providers. Surrounding the property are Melbourne’s iconic laneways filled with cafes, as well as major attractions including Collins Street, Bourke Street Mall, Federation Square, and Southbank’s entertainment precinct—all within walking distance. Nearby prominent retailers enhance the footfall and consumer mix, such as Liquorland, KFC, Sushi Hub, King Tea, Shujinko Ramen, and Walker’s Doughnuts. The tenancy offers a rare opportunity to capitalize on constant pedestrian flow and an established retail ecosystem at one of the city’s busiest and most recognizable addresses.

  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Central Air Conditioning
  • Recessed Lighting
  • Display Window
  • Smoke Detector
Space Size Term Rental Rate Rent Type
Basement, Ste 3 1,076 SF Negotiable Upon Request Upon Request Upon Request Upon Request TBD
Ground, Ste 3 753 SF Negotiable Upon Request Upon Request Upon Request Upon Request TBD

Basement, Ste 3

Size
1,076 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Build-Out
Partial Build-Out
Availability
Now

This prime retail tenancy is strategically positioned on the northeastern corner of Elizabeth and Flinders Street—a location recognized for some of the highest pedestrian traffic counts in Melbourne’s CBD. The space benefits from unparalleled visibility and access to Flinders Street Station and the Elizabeth Street tram terminus, making it ideal for operators seeking a central and connected presence. The tenancy offers a practical configuration with a ground floor area of approximately 70 m² and an additional 100 m² basement level, providing flexibility for retailers, specialty food concepts, or service providers. Surrounding the property are Melbourne’s iconic laneways filled with cafes, as well as major attractions including Collins Street, Bourke Street Mall, Federation Square, and Southbank’s entertainment precinct—all within walking distance. Nearby prominent retailers enhance the footfall and consumer mix, such as Liquorland, KFC, Sushi Hub, King Tea, Shujinko Ramen, and Walker’s Doughnuts. The tenancy offers a rare opportunity to capitalize on constant pedestrian flow and an established retail ecosystem at one of the city’s busiest and most recognizable addresses.

  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Secure Storage

Ground, Ste 3

Size
753 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Build-Out
Partial Build-Out
Availability
Now

This prime retail tenancy is strategically positioned on the northeastern corner of Elizabeth and Flinders Street—a location recognized for some of the highest pedestrian traffic counts in Melbourne’s CBD. The space benefits from unparalleled visibility and access to Flinders Street Station and the Elizabeth Street tram terminus, making it ideal for operators seeking a central and connected presence. The tenancy offers a practical configuration with a ground floor area of approximately 70 m² and an additional 100 m² basement level, providing flexibility for retailers, specialty food concepts, or service providers. Surrounding the property are Melbourne’s iconic laneways filled with cafes, as well as major attractions including Collins Street, Bourke Street Mall, Federation Square, and Southbank’s entertainment precinct—all within walking distance. Nearby prominent retailers enhance the footfall and consumer mix, such as Liquorland, KFC, Sushi Hub, King Tea, Shujinko Ramen, and Walker’s Doughnuts. The tenancy offers a rare opportunity to capitalize on constant pedestrian flow and an established retail ecosystem at one of the city’s busiest and most recognizable addresses.

  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail
  • 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 1,830 SF
Property Type Retail
Property Subtype Storefront Retail/Residential
Gross Leasable Area 18,277 SF

About the Property

Positioned at one of Melbourne’s busiest intersections, this retail tenancy offers exceptional exposure on the northeastern corner of Elizabeth and Flinders Street. Surrounded by high foot traffic, the site benefits from direct access to Flinders Street Station, the city’s most prominent train hub, and the Elizabeth Street tram terminus. The property comprises a ground floor area complemented by a basement space, suitable for retailers, specialty food operators, or service-oriented businesses seeking visibility and convenience. Located within the heart of Melbourne’s CBD, the space is moments from Collins Street, Bourke Street Mall, Federation Square, and vibrant laneways lined with cafes and boutique stores. Nearby national and international retailers include Liquorland, KFC, Sushi Hub, and popular hospitality venues. Excellent connectivity ensures constant pedestrian activity, while the property’s corner placement maximizes frontage opportunities. This is an outstanding opportunity for an operator to secure prime ground-floor exposure in a thriving urban setting with world-class public transport and a dense office, residential, and tourist population at its doorstep.

Nearby Major Retailers

Five Guys
Crossfit
Starbucks
Anytime Fitness
The Northern Trust Company
  • Listing ID: 40167353

  • Date on Market: 2026-04-16

  • Last Updated:

  • Address: 292 Flinders St, Melbourne, VIC 3000

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