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87 Ormond Rd 2,368 SF of Retail Space Available in Elwood, VIC 3184
Highlights
- Prominent street frontage along bustling Ormond Road, enhancing visibility.
- Flexible floor plan suitable for retail, office, health, or hospitality uses (STCA).
- Consistent foot traffic from residents and visitors within Elwood Village.
- Rear courtyard and dedicated staff amenities add operational convenience.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 2,368 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
Ground
Position your business in the vibrant heart of Elwood Village, one of Melbourne’s most sought-after lifestyle precincts. This adaptable retail premises offers strong street frontage along Ormond Road with consistent pedestrian traffic, delivering excellent exposure to customers. The internal layout is highly flexible, supporting a variety of commercial concepts from boutique retail to wellness services or hospitality ventures (STCA). A standout feature is the inclusion of a rear courtyard and additional on-site amenities, ensuring functionality for staff or storage. Located just moments from sandy beaches, public transport links, and surrounded by thriving cafés, boutique shops, and essential services, this property provides a rare opportunity for occupiers to embed themselves in an established, high-performing market hub. Customize the interior to suit your vision and capitalize on the synergy of established businesses around you.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Yard
- Display Window
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 | 2,368 SF | Property Subtype | Storefront |
| Property Type | Retail | Gross Leasable Area | 2,368 SF |
| Total Space Available | 2,368 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 2,368 SF |
About the Property
87 Ormond Road, Elwood is situated within Elwood Village on Ormond Road with immediate access to local bus and tram stops.
- Bus Line
- Commuter Rail
- Courtyard
- Accent Lighting
- Storage Space
Presented by
87 Ormond Rd
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