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302 Penshurst St 807 SF of Retail Space Available in North Willoughby, NSW 2068
Highlights
- Prominent corner location with direct exposure along Penshurst Street, a key route to Chatswood.
- Amenities include facilities to suit disabled access and a rear undercover courtyard.
- Expansive glass shopfront with abundant natural light and strong visual presence.
- Surrounded by a diverse mix of established local businesses and residential density.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 807 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
Ground
Located at 302 Penshurst Street in Willoughby North, the property features expansive glass frontage, delivering superb street presence and maximum exposure to local traffic. Businesses can benefit from robust branding opportunities with generous building signage, ensuring strong recognition in a vibrant commercial corridor. The interior presents as an open and bright retail area, complemented by practical amenities including accessibility features for disabled patrons and a rear undercover courtyard. Surrounded by established local enterprises, the property sits within a thriving business environment that attracts steady pedestrian and vehicular flow.
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 | 807 SF | Gross Leasable Area | 2,164 SF |
| Property Type | Retail |
| Total Space Available | 807 SF |
| Property Type | Retail |
| Gross Leasable Area | 2,164 SF |
About the Property
302 Penshurst Street is situated along Penshurst Street in Willoughby North within proximity to the Chatswood business district. The property occupies a corner position delivering vehicular and pedestrian exposure. It is accessible by primary roadways connecting Willoughby and Chatswood and is surrounded by residential housing and small businesses. Rear courtyard space is included. The broader precinct comprises mixed-use commercial and neighborhood retail properties along a primary thoroughfare.
Nearby Major Retailers
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302 Penshurst St
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