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345 Clarendon Street 2,303 - 4,607 SF of Space Available in South Melbourne, VIC 3205
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 2,303 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor | 2,303 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
Ground
The ground floor of 345 Clarendon Street offers a fully fitted hospitality venue designed to accommodate dining and beverage operators. The space includes an existing commercial kitchen setup, bar infrastructure, and designated patron areas configured for both seated and standing service. A liquor license permits occupancy for up to 200 patrons throughout the venue, with 17 seats allocated to the balcony. Its street-facing orientation delivers exceptional visibility along Clarendon Street, attracting significant foot traffic from the high-demand retail and dining precinct. This level is well-suited for café, restaurant, or bar operations requiring immediate readiness and exposure in a vibrant commercial location.
- Fully Built-Out as a Restaurant or Café Space
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 4,607 SF of adjacent space
- Central Air Conditioning
- Corner Space
- High Ceilings
- Recessed Lighting
1st Floor
The first floor includes an office component that complements the hospitality operations below while offering flexibility for alternative uses such as private dining or back-of-house administration. Accessed via an internal stairwell, this level benefits from natural light and provides open-plan areas adaptable for team workstations, meeting rooms, or executive offices. Its layout supports operational efficiency for venue management or potential sub-lease scenarios to businesses seeking a strong South Melbourne address.
- Partially Built-Out as Standard Office
- Open Floor Plan Layout
- Fits 6 - 18 People
- Can be combined with additional space(s) for up to 4,607 SF of adjacent space
- Central Air Conditioning
- High Ceilings
- Recessed Lighting
- Natural Light
- Accent Lighting
- Open-Plan
- Hardwood Floors
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 | 4,607 SF | Property Subtype | Storefront Retail/Office |
| Property Type | Retail | Gross Leasable Area | 4,607 SF |
| Total Space Available | 4,607 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 4,607 SF |
About the Property
345 Clarendon Street is a two-level hospitality and office property located within the Clarendon Street retail precinct in South Melbourne. The property is serviced by extensive public transport options with tram and bus routes along Clarendon Street and proximity to the Anzac Railway Station approximately 1.3 kilometers away. Positioned near South Melbourne Market and Albert Park, the location offers access to major arterials including Kings Way and the West Gate Freeway, placing it within minutes of Melbourne’s central business district.
- Corner Lot
- Accent Lighting
- Recessed Lighting
- Air Conditioning
Nearby Major Retailers
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345 Clarendon Street
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