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487 Malvern Rd 1,076 - 2,293 SF of Retail Space Available in South Yarra, VIC 3141



Highlights
- Strategic corner site with unrivalled brand visibility
- Zoned Commercial 1 for wide permitted use (STCA)
- Adaptive open-plan format with upper-level versatility
- Surrounded by premium national & boutique operators
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 1,076 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor | 1,216 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
Ground
Comprising approximately 213 m², the tenancy features a prominent ground-floor retail zone complemented by a flexible mezzanine level ideal for storage, workspace, or secondary retail displays. An internal timber staircase connects the dual levels, enabling efficient customer and staff circulation. The inclusion of dual access points—front street entry and rear laneway service entry—reinforces logistical ease. Brand elevation is supported by a commanding glass façade extending across Malvern Road, delivering exceptional exposure and traffic-capture metrics.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
1st Floor
Comprising approximately 213 m², the tenancy features a prominent ground-floor retail zone complemented by a flexible mezzanine level ideal for storage, workspace, or secondary retail displays. An internal timber staircase connects the dual levels, enabling efficient customer and staff circulation. The inclusion of dual access points—front street entry and rear laneway service entry—reinforces logistical ease. Brand elevation is supported by a commanding glass façade extending across Malvern Road, delivering exceptional exposure and traffic-capture metrics.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
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 | 2,293 SF | Property Subtype | Storefront Retail/Office |
| Property Type | Retail | Gross Leasable Area | 2,293 SF |
| Total Space Available | 2,293 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 2,293 SF |
About the Property
Presented as a versatile platform for flagship retail ambitions, this tenancy integrates functionality with an authentic urban edge. Its floor-to-ceiling frontage captures natural light and maximizes visual merchandising opportunity, while its internal spatial configuration supports adaptive use cases—from high-street retail and specialty concepts to boutique hospitality operations (STCA). Intuitive flow between ground and mezzanine levels enables operators to stage primary retailing zones alongside supplementary office or showroom extensions with minimal architectural constraints.
Nearby Major Retailers
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487 Malvern Rd
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