29 La Trobe Street, Melbourne, VIC 3000

Retail | Offices

For Lease Contact Agent

  • Property ID: 415522
  • Floor Area: 123m²
  • NBN Availability: Service Available - Fibre to the building (FTTB)
East End CBD Retail Offering

POINT OF INTEREST:
Situated on the very edge of the Melbourne CBD, and on the doorstep of Carlton Gardens, is this versatile retail space of 123sqm*. Well suited to convenience retail, service retail or office space, 29 La Trobe Street provides a great platform for its next tenant to take advantage of. With vast exposure to La Trobe Street and Victoria Parade, you'll be hard pressed to find better signage opportunities that tap into the 47,000** vehicles passing daily! To add to this, the soon-to-be-completed 'Sapphire by the Gardens' development at 308 Exhibition Street will feature over 300 residences and a 500 room Shangri-La Hotel, giving further access to a wide array of potential customers.

- 123sqm* versatile retail space
- 1 on-site car space
- Significant exposure to 47,000** vehicles passing daily
- Moments from Parliament Train Station, Victoria Parade & Nicholson Street tram routes
- Located directly opposite Carlton Gardens, Royal Exhibition Building and IMAX/Melbourne Museum

POINT OF VIEW:
A clean slate to work with plus plenty of upside from exposure and development in the area. There's plenty of reasons to secure 29 La Trobe Street!

*Approx.
**Per VicRoads open data source
Pricing excludes GST

Additional Information
Features
  • Availability: Immediate
  • Car Spaces: 1 on-site (included in rent)
  • Condition: Very Good
  • Air Conditioning: Yes
  • Floors: Tile / Concrete
  • Lifts: N/A
  • Height: 2.7m (approx)
  • Car Parking Fees: SRO Congestion Levy applies
Outgoings
  • Water Rates: $1,100pa (approx)
  • Council Rates: $2,800pa (approx)
  • Owners Corp. / Insurance: $7,400pa (approx)
  • Other Charges: Council rates (car park) - $200pa (approx)
Melbourne Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $305 ---
Offices $6717 $807 12.01%
Retail $9125 $688 7.54%
This is the average advertised price, rent and yield for Melbourne, VIC 3000*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in VIC for Lease

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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