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40 Crockford St 2,691 SF of Retail Space Available in Port Melbourne, VIC 3207
Highlights
- Prominent corner along the Bay Street/City Road corridor leading directly into the CBD.
- Liquor license in place and capability for indoor and outdoor seating arrangements.
- Surrounded by premium retail, cafes, and residential density in Melbourne’s inner bayside fringe.
- Fully fitted restaurant featuring commercial kitchen, cool room, and ready-to-use dining space.
- Three on-site car spaces and seamless access to tram and rail transport within meters.
- Close proximity to South Melbourne Market, beaches, and Melbourne’s major arterial network.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 2,691 SF | 5-10 Years | $29.34 CAD/SF/YR $2.44 CAD/SF/MO $78,950 CAD/YR $6,579 CAD/MO | TBD |
Ground
This ground-floor retail space at 40 Crockford Street offers a turnkey solution for hospitality operators seeking a highly visible position within Melbourne’s inner bayside precinct. Situated on a prominent city-fringe corner along the Bay Street and City Road corridor, the premises is fully fitted for food and beverage operations and designed to support efficient service and superior customer experience. The property includes a complete commercial kitchen setup, cool room, and existing restaurant fit-out to minimize start-up costs. Indoor and outdoor dining areas provide seating flexibility, while the liquor license and dedicated on-site parking for three vehicles add to operational advantages. Its location delivers exceptional connectivity with the CBD, Bay Street retail strip, and South Melbourne Market, supported by proximity to major arterials and the North Port light rail station. Perfectly positioned between the city and Port Phillip Bay, this space benefits from strong traffic exposure and the vibrant mix of nearby residential and commercial activity.
- Fully Built-Out as a Restaurant or Café Space
- 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 | 2,691 SF | Property Subtype | Storefront Retail/Residential |
| Property Type | Retail | Gross Leasable Area | 3,541 SF |
| Total Space Available | 2,691 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 3,541 SF |
About the Property
Position your hospitality brand in an exceptional city-fringe setting at 40 Crockford Street, Port Melbourne. This high-exposure corner property sits along the vibrant Bay Street and City Road corridor, offering unmatched visibility and direct connectivity to Melbourne’s CBD. The fully fitted ground floor restaurant includes a comprehensive commercial kitchen, cool room, and interiors designed for efficient service. Indoor and outdoor dining areas create a versatile environment for patrons, while the property’s existing liquor license and three dedicated parking spaces enhance operational convenience. Located close to Bay Street shopping, South Melbourne Market, the Docklands precinct, and Port Phillip Bay, the site benefits from strong pedestrian flow supported by nearby residential communities and a thriving local dining scene. Fast access to major arterial roads, public transport links, and the North Port light rail station further extends the property’s appeal for businesses seeking dynamic customer reach.
Nearby Major Retailers
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40 Crockford St
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