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308-314 Penshurst St 872 SF of Retail Space Available in North Willoughby, NSW 2068
Highlights
- Bus stop located directly outside the property for easy accessibility.
- Close to a range of retailers, cafes, and dining options.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground, Ste Shop 4 | 872 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
Ground, Ste Shop 4
Position your business in a high-exposure location along the bustling Penshurst Street retail strip in Willoughby. This boutique retail space offers a large glass shopfront that maximizes visibility and natural light, creating an inviting environment for customers. The layout includes a spacious reception area and three separate treatment rooms, making it ideal for retailers, health and wellness operators, or small medical practices. The property is equipped with a kitchenette and amenities for convenience, and its location ensures strong pedestrian and vehicular traffic. A bus stop is located directly at the doorstep, providing easy access for clients and staff. Surrounded by a variety of retailers, cafes, and food options, this space benefits from a vibrant local trade and community atmosphere. This is an excellent opportunity to secure a versatile retail tenancy in a well-connected and thriving neighborhood.
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
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 | 872 SF | Property Subtype | Storefront Retail/Residential |
| Property Type | Retail | Gross Leasable Area | 12,271 SF |
| Total Space Available | 872 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 12,271 SF |
About the Property
308-314 Penhurst Street is a retail strip with apartments on the first floor. This property is located on a busy retail strip of Penhurst Street in Willoughby.
Nearby Major Retailers
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308-314 Penshurst St
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