KF Retail Leasing Retail Insider Dec

MELBOURNE RETAIL LEASING INSIDER

DEC 2025 & JAN 2026

Market Update

Shopping gears up for the festive season

Melbourne retail bounces back. Dr. Tony McGough Partner, Head of Research & Consulting, Victoria

As this month’s report comes out, we will be in the middle of the busiest time of the year for retailers. Retailers, and the city as a whole are already dressing up for the festive season. It starts with Black Friday weekend, which last year saw over $90m spent in the City of Melbourne, and nearly $50m spent on the actual day. December ramps up with end-of-year parties and preparations for the seasonal holiday leading to bumper spending throughout. Given latest figures for September show household spending continue the 4% y/y growth of the last few months, we should be expecting another bumper year. There is always a slow-down post-Christmas, and when the weather is good people take the opportunity to head out to regional Victoria and further afield. However, this is where the buzz of Melbourne helps the re-vitalisation. This year, unlike last, we will have the Boxing Day Ashes to bring life back to Melbourne. No sooner is that over than we have the Aussie Open which adds over half a billion to the state economy, and the Formula 1 exhibition has also already begun. For the non-sporty amongst us there is everything from exhibitions of Viking treasure to Cats the Musical to keep you coming into the city.

Latest figures for September show household spending continue the 4% y/y growth of the last few months, we should be expecting another bumper year.

Source: City of Melbourne

Myer Melbourne Christmas Windows 2025

Feature Listing

86 Bourke Street, Melbourne

A flagship opportunity in the CBD‘s most prestigious and character-filled locations. This three-level property offers a rare combination of classical architecture, generous internal space, and exceptional street presence within the heart of the renowned, Bourke Hill precinct. Key highlights of the property include: - Positioned in Melbourne‘s historic East End theatre district - 425sqm* across three versatile levels - Prime 5.64m* Bourke Street frontage plus secondary frontage and dual access via Mornane Place for deliveries - Flexible use potential for flagship retail, hospitality, showroom, gallery, or professional services (STCA).

Area 425 sqm* across 3 levels with functional layout

Key Feaures • Flagship retail

• Heritage showpiece • CBD historic east-end

Key Listings

Central Business District.

Available Q2 2026

327-329 Bourke Street, Melbourne

Area 683 sqm* over two levels

Knight Frank is excited to present this super prime retail opportunity located in the absolute heart of Melbourne’s retail core. Positioned on the southern side of Bourke Street Mall, this prominent corner tenancy enjoys exceptional exposure to both Bourke Street Mall and Causeway Lane. With an impressive 8.5-metre double frontage, the property commands attention and benefits from unparalleled foot traffic. Situated between The Royal Arcade and The Walk Arcade currently undergoing a multimillion-dollar transformation. This rare opportunity offers retailers a flagship presence in a

Key features: • Flagship Retail Opportunity • Two Level Retail • Prominent Location

tightly held location. Available Q2, 2026.

Key Listings

Leased

419 Flinders Lane, Melbourne

276 Flinders Street, Melbourne (Level 1)

Area 230-536 sqm* Lower Ground: 237 sqm*

Area Ground Floor: 591 sqm*

Knight Frank is pleased to present a rare retail opportunity within the beautifully restored building at 419 Flinders Lane. Prominently positioned on the corner of Flinders Lane and William Street, this high-profile location sits in the heart of Melbourne’s midtown, surrounded by leading corporate offices, prestigious businesses, and premium hotels. It offers outstanding exposure and is ideally suited for food and beverage operators looking to establish a presence in the vibrant Flinders Lane precinct. The ground floor retail space offers approximately 536sqm of versatile area, providing an expansive and flexible layout to suit a range of business needs. There is also the potential to expand into the basement level, enhancing the overall offering.

Located on the northeast corner of Elizabeth and Flinders Streets, directly opposite Flinders Street Station and the Southbank footbridge, this site offers unmatched visibility in one of Melbourne’s highest foot traffic zones. Spanning approximately 591sqm, this high-profile site benefits from direct exposure to Flinders Street Station and is just metres from the new Town Hall Metro Station, further enhancing connectivity. The location is anchored by prominent tenants including Chemist Warehouse, Fitness First, Central Australian College, major office towers, and key food and beverage retailers. Escalator access directly from Flinders Street ensures easy vertical movement and smooth customer flow.

Key features: • Super prime retail corner • Surrounded by major national retailers • Opposite Flinders Street Station

Key features: • High profile corner location • Restored Swann House • Flinders Lane precinct

Key Listings

125 Swanston Street, Melbourne

303 Collins Street, Melbourne

Area 110 sqm*

Area 415 sqm - 970 sqm*

A rare flagship opportunity near the corner of Swanston Street and Little Collins Street within the historic Century Building. Shop S14, currently the Metro Tunnel showroom, will be available in 2026 offering a grand corner presence of approx. 109.5 sqm on the ground floor plus 72 sqm on Level 1. This highly visible site provides exceptional branding potential and benefits from strong daily foot traffic in the heart of Melbourne’s CBD.

A once-in-a-generation opportunity to secure high-exposure retail premises in one of Melbourne‘s best retail corners. This will be a brand-new build with expansive 5-metre glazing, providing outstanding signage and branding exposure. Collins Street boasts of many prestigious global and national brands, many of whom have chosen to be exclusively on Collins Street. The new building will encompass the Ground Floor tenancy of 415sqm* and Level 1 tenancy of up to 970sqm*.

Key features: • Prime location – Swanston Street & Little Collins Street • Exceptional pedestrian foot traffic • Ideal flagship retail tenancy

Key features: • Extensive corner expsoure • Lofty ceilings of five metres • Exceptional retail position

Key Listings

108 Bourke Street, Melbourne (Paramount Centre)

234 Collins Street, Melbourne

Area Shop 6A: 40 sqm* Shop 19UB: 68 sqm* Shop 21UB: 147 sqm*

Area G3: 25.6 sqm* G5: 56.6 sqm* G6B: 40.4 sqm* G7: 41 sqm* Key features: • Prime central Collins Street Retail • Very high passing trade and exposure • Attractive leasing terms

Located in the heart of Melbourne’s CBD, the Paramount Centre is a mixed-use complex featuring retail stores, office spaces, serviced apartments, and dining options. Known for its convenient location on Bourke Street, it offers easy access to Chinatown, public transport, and popular city attractions. This establishment has its own three level retail shopping centre including a licensed international food court and supermarket, as well as an extensive range of boutique style retail outlets and businesses. Several tenancies are now available for lease, presenting an excellent opportunity for businesses to establish themselves in one of Melbourne’s most central and dynamic locations.

Collins234 is home to iconic local & international fashion, supported by renowned beauty therapy and laser clinics, whilst also being uniquely anchored by one of Australia’s largest bookstores. Conveniently, just a few steps from the busy transit corner of Collins and Swanston Streets, with the “Town Hall” tram stop, metres from the centre’s main entrance. With dual access via front and rear entrances, the centre benefits from continuous pedestrian flow. Set within a heritage façade, Collins234 features high-ceiling, multi-level retail spaces that combine character with modern functionality. Several tenancies are now available for lease, presenting a rare opportunity to establish your business in one of Melbourne’s most central and sought-after retail locations.

Key features: • Great Melbourne CBD location • Several tenancy options available • 7 level basement carpark

Key Listings

416-420 Collins Street, Melbourne

422 Collins Street, Melbourne (Temple Court)

Area Ground Floor: 249 sqm* Level 1 Area: 341 sqm* Key features: • Prime west end retail • Versatile layout • Base works included

Area Up to 1,200 sqm*

Knight Frank is excited to present this super prime retail opportunity located at 420 Collins Street, Melbourne. This dynamic two-level space, formerly home to Victory Lounge, offers an exceptional opportunity for a new restaurant and bar venture. The proposed layout features a ground floor ideal for a bar or casual dining experience, while the upper level is perfectly suited for a more refined, full-service restaurant. Located at 420 Collins Street, this property is positioned in the heart of a lively and high-traffic area, providing an outstanding platform to launch or expand your business. Surrounded by major office buildings, hotels, and a growing residential community—with excellent public transport connectivity—the location offers unmatched convenience and exposure.

Knight Frank is excited to present an exceptional opportunity now available at 422 Collins Street, offering up to 1,600 sqm of flexible retail space in the heart of Melbourne’s prestigious CBD. This expansive tenancy features dual street frontages and dedicated side loading access, making it ideally suited for large-format retail uses. Positioned within the legal and financial precinct, this high- profile location is perfectly suited for a supermarket, furniture showroom, premium gym, or other destination-based retail concepts seeking strong exposure and accessibility in a densely populated commercial catchment.

Key features: • Dual entrances • Prime Collins Street frontage • Suitable for supermarket, lifestyle, or destination retail

Key Listings

Area 30-100sqm* Key features: • Melbourne’s iconic

Area 254 sqm*

New Opportunities at Il Mercato

Key features: • High profile retail corner • Basement opportunity • Opposite Melbourne Central

landmark food market hall - Il Mercato

• Flexible lease terms • Turnkey opportunity

Il Mercato Centrale is on the move and expanding and we’re seeking stand-out operators to activate fully fitted food tenancies within this very unique market hall. This is a turnkey opportunity designed to reduce time and cost to launch: flexible lease terms, little to no capital expenditure, and a percentage-rent model that scales with your sales. 546 Collins Street, Melbourne

Positioned in the heart of the Melbourne CBD, this versatile space offers direct 24-hour access via both Elizabeth Street and Bishoy Lane, ensuring maximum convenience and visibility. Featuring lift and stair access, high ceilings that create a sense of volume, and prominent signage opportunities along La Trobe Street, the space is both functional and flexible. This is an exceptional opportunity for retail, wellness, fitness, creative or service-based businesses (STCA) seeking a landmark position in one of Melbourne’s busiest corners. 351 Elizabeth Street, Melbourne – Basement

Area 100 sqm - 248 sqm* Key features: • Dual street frontage with strong visibility • High pedestrian traffic location • Ideal for retail, café, or restaurant operators seeking a flagship presence

Area 47-122 sqm Key features: • Mon-Fri only • Busy CBD food hall • Available Now

Just Listed

•

Positioned at the prestigious address of 568 Collins Street, these premium retail spaces offer an outstanding opportunity for both retailers and food & beverage operators. Benefiting from high exposure and prominent dual street frontages, the tenancies command attention along one of Melbourne’s most recognised commercial boulevards. 568 Collins Street, Melbourne

Telstra Centre stands as a prominent landmark in Melbourne’s CBD, positioned in the highly desirable north- eastern precinct. At 242 Exhibition Street, three food hall opportunities are available—perfect for low-cost start-ups or operators wanting to trial concepts in the CBD with minimal upfront investment. These spaces offer an outstanding opportunity to capitalise on the building’s captive audience and establish a strong presence in the heart of the city. 242 Exhibition Street, Melbourne

Key Listings

Area Ground Floor: 175 sqm* First Floor: 175 sqm* Second Floor: 150 sqm* Key features: • Prime Bourke Street location • Full kitchen set-up

Area 119 sqm* Key features: • High-profile retail shop with King Street exposure • Strong pedestrian traffic

An exceptional opportunity to secure a fully equipped restaurant in the heart of Bourke Street. This prime retail space boasts an extensive fitout, including a full commercial kitchen with walk-in cool rooms, ideal for immediate operation. With rear laneway access, excellent signage potential, and an internal staircase, this versatile space offers strong functionality in a high-foot-traffic location. Perfect for hospitality operators looking to establish or expand their presence in Melbourne‘s vibrant CBD. 185-187 Bourke Street, Melbourne

A rare opportunity is now available to lease a high-profile retail space at the base of 555 Collins Street—one of Melbourne’s newest and most prestigious office towers. Featuring direct King Street frontage, this prominent tenancy is perfectly suited for quality beverage, retail, or service-based operators. Benefit from exceptional street visibility, strong pedestrian traffic. Located in the heart of Melbourne’s legal and financial precinct and just metres from Southern Cross Station. 555 Collins Street, Melbourne

Area 450 sqm – 3 levels Key features: • 3-level heritage building • Late-night liquor licence • Ideal for a

Area Ground: 220 sqm* Level 1: 220 sqm* Level 2: 78 sqm * Key features: • Extensive corner exposure • Close to Melbourne Central Station

hospitality operator

Prime restaurant and bar lease opportunity in the heart of Melbourne’s vibrant laneway precinct. This iconic three-level heritage building boasts unique architectural charm and character, providing an exceptional setting for a distinctive CBD hospitality venue. The property benefits from a late-night liquor licence for up to 200 patrons, allowing trading until 3 am. Situated in a highly accessible laneway location, it is conveniently close to both Flinders Street Station and Southern Cross Station, ensuring excellent connectivity and strong foot traffic. This opportunity is ideal for an experienced hospitality operator seeking to establish or expand a premium destination venue in Melbourne’s bustling laneway scene. 11 A Highlander Lane, Melbourne

A rare two-storey brick building occupying a prominent corner at Elizabeth and Little Lonsdale Streets. The building offers a ground-floor shopfront to Little Lonsdale Street, with a versatile workshop space located at the rear. Featuring original architectural elements such as exposed roof trusses, lofty ceilings, internal staircases, and dual side entrances, the property presents a unique blend of history and commercial potential. Laneway access is available via Heape Court. This property is perfectly suited for hospitality, retail, or showroom concepts. 359 Little Lonsdale Street, Melbourne

Key Listings

Area 30-270sqm* Ground Shop 11: 39sqm Shop 19: 32sqm Level 1

Area 150 sqm*

Leased

Key features: • Major CBD restaurant • Cafe precinct

Shop 101: Leased Shop 103: 32sqm Shop 108: 44sqm Shop 112: 20sqm Key features: • Prime CBD location • Excellent street exposure

200 Bourke Street is located only metres from the Bourke Street Mall, in the heart of the CBD. It links the city’s premier retail strip, Bourke Street, with Melbourne’s bustling Chinatown which fronts Little Bourke Street. The area is one of Melbourne’s busiest 24 hour retail and entertainment precincts. 200 Bourke Street, Melbourne

Located in the heart of the CBD’s bustling cafe precinct, this fully equipped restaurant is now available for lease. Featuring a commercial kitchen, general liquor licence, and convenient rear laneway access, the space is ideal for a range of hospitality ventures. Positioned directly opposite a major tram stop and just moments from Parliament Station, it benefits from constant foot traffic and close proximity to hotels, theatres, offices, and other key city attractions. A rare opportunity to secure a high-exposure venue in a thriving city location. 14 Bourke Street, Melbourne

Area 30 sqm*

Area 382 sqm* over 3 levels

Just Listed

Key features: • Corner retail • Fully Fitted • Available Now

Key features: • Flagship restaurant potential • Chinatown prominent corner

This prime retail space offers approximately 30 sqm plus a separate dry store area, perfectly suited for a small café, bubble tea shop, or dessert bar. Fully fitted and ready for immediate occupation, it enjoys a prominent corner position with direct street access and an internal connection to The Switch Living student accommodation. An ideal turnkey opportunity for operators seeking a vibrant, high-visibility location. 198 A‘Beckett Street, Melbourne

Melbourne Chinatown’s most prominent corner is now available for lease, ideal for a flagship restaurant. Located at the high-profile intersection of Russell and Little Bourke Streets, this ground-floor premises features a welcoming lobby, lift and stair access, kitchen services, and dual street frontage. Currently presented as an open-plan shell, it offers exceptional flexibility for operators to create a standout dining destination in one of Melbourne’s busiest precincts. 195-197 Russell Street, Melbourne

Key Listings

Area 32 sqm*+ plus Outdoor seating area

Area 159 sqm*

Leased

Key features: • High exposure • Corner tenancy

Key features: • Busy King Street location • Liquor Licence • New lease available

Located at the vibrant intersection of William Street and Flinders Lane, this fully equipped restaurant space offers a unique opportunity to operate within an iconic Melbourne address that beautifully blends heritage charm with modern urban living. This is a standout opportunity for restaurateurs seeking to establish a presence in one of Melbourne’s most sought-after city corners. 270 King Street, Melbourne

This 159 sqm high exposure corner tenancy offers exceptional visibility in a prime Southbank location. Situated next to popular hotels, residential apartments, and key amenities, the space benefits from strong foot traffic and excellent street presence. Ideal for retail, hospitality, or commercial use, this tenancy provides a rare opportunity to establish your business in one of Melbourne’s most vibrant precincts. 35-37 City Road, Southbank

Area 166 sqm* Key features: • Expansive frontage • Ideal for various uses (STCA) • In the heart of the CBD

Area 43 sqm*

Leased

Key features: • Ideal for grab-and- go or QSR operator • Surrounded by major retailers • Prominent Collins Street frontage

A rare opportunity to lease a high-exposure ground floor retail space in the heart of Melbourne’s CBD. Offering 166 sqm* with expansive frontage, soaring ceilings, and excellent street presence, the property is surrounded by offices, retailers, and hospitality venues in a high foot traffic location. Existing partitioned offices and a kitchenette are in place, with tram services right at the doorstep for easy access. Ideal for retail, service, or showroom use (STCA) in a vibrant commercial precinct. 460 Bourke Street, Melbourne

A rare opportunity to secure a fully fitted, glass-fronted retail tenancy in one of Melbourne’s busiest precincts. Previously occupied by Burrito Bar, this approx. 43 sqm space is F&B-ready with grease trap, exhaust, and essential services in place. Boasting prime Collins Street frontage and excellent branding exposure, the site is directly opposite Southern Cross Station and surrounded by major retailers including McDonald’s, 7-Eleven, and KFC. Ideal for a grab-and-go or quick service restaurant operator looking to capitalise on high foot traffic. 620 Street, Melbourne (Shop G1A)

Key Listings

71-73 A’Beckett Street, Melbourne

369 - 373 Lonsdale Street, Melbourne

Retail space available for lease at 369-373 Lonsdale Street, Melbourne, situated in the heart of the CBD. This property features three levels with an open plan layout, providing versatile space for various retail uses. Convenient rear access enhances functionality.

Area 180 - 600 sqm*

Area 260 sqm* Key features: • Landmark CBD building • Next to RMIT Uni,

A rare opportunity to lease an entire building in one of Melbourne’s most vibrant and high-traffic retail precincts. Currently operating as a spa, laser clinic, and beauty services space, the premises are well-suited to a wide range of uses and offer excellent exposure to passing foot traffic.

Key features: • Three levels • Open plan layout

near Victoria Market

• Vibrant café precinct

353 Exhibition Street, Melbourne

306 Little Collins Street, Melbourne ( Shop 5, Causeway House) Shop 5 at Causeway Lane is a prime retail opportunity located

Area 239 sqm* Key features: • Level 1 walk up premises

Area 40 sqm*

Located on Exhibition Street, directly opposite the picturesque Carlton Gardens, this Level 1 walk-up premises offers a prime CBD fringe position within walking distance to everything. Ideally suited for a salon, fitness studio, office, or similar use (STCA), the space is housed in a charming red-brick corner building with car parking available at the front.

in the heart of Melbourne‘s CBD. Offering approximately 40 sqm, the tenancy features direct frontage to the bustling Causeway Lane. Positioned next to the high-profile Walk Arcade redevelopment and adjacent to Laurent’s flagship café, this space places your brand alongside some of the CBD’s most prominent food and retail operators.

Key features: • Ideal cafe or

boutique retail

• Walk to everything • Salon, fitness, office etc. (STCA)

• Laneway

opportunity

188 Bourke Street, Melbourne

575 Elizabeth Street, Melbourne

Area 600 sqm*

An outstanding opportunity to lease a versatile two-level building in a prime Melbourne CBD location, just a two-minute walk from Queen Victoria Market and close to major universities and the hospital precinct. The space features a rear roller door, undercover car parking, and two internal staircases (rear and mid-premises). There is abundant parking nearby and public transport right at your doorstep.

Area 80 sqm*

A great opportunity to secure prime ground floor retail in the heart of Melbourne’s CBD. Positioned between Swanston and Russell Streets and adjacent to Chinatown, this high-profile site offers excellent exposure and foot traffic. Set within a historic three-storey building, the 80 sqm space suits a range of retail uses (STCA) and is surrounded by major retailers, eateries, and public transport.

Key features: • Whole building

Key features: • Prime ground floor retail • Suits a range of retail uses (STCA)

comprising Ground and Level 1 showroom, office, or medical use (STCA).

• Ideal for retail,

Key Listings

Leased

Vertical Retail.

276 Flinders Street, Melbourne (Level 1)

Area Ground Floor: 591 sqm*

Key features: • Super prime retail corner • Surrounded by major national retailers • Opposite Flinders Street Station

Key Listings

L3, 226 Swanston Street, Melbourne

369 - 373 Lonsdale Street, Melbourne

Area 180 - 600 sqm*

Area 150 sqm* Key features:

Positioned on one of Melbourne’s busiest CBD corners at Swanston and Bourke Streets, this prime retail space offers 150 sqm* of bright, airy interiors with abundant natural light streaming in from both street frontages. Featuring high ceilings, lift and stair access, an ambulant bathroom, and a shower, the property is ideally suited for service retail, studios, medical practices, or office use.

Key features: • Three levels • Open plan layout

• Central CBD • High Ceilings • Suits a variety of uses

L2, 111 Lonsdale Street, Melbourne

L2, 34 Somerset Place, Melbourne

Area 263 sqm* Key features: • Flexible layout • Prime CBD location • Strong street frontage

Area 86 sqm* Key features: • Trendy Melbourne laneway • High Ceilings

Upper-Level retail / hospitality tenancy in prime CBD location. Positioned within Melbourne’s busy legal and government precinct. Strong pedestrian traffic from surrounding offices, courts, and institutions. Flexible layout to suit retail, café, restaurant, or service use. Prominent frontage with strong street visibility. Close to universities, government departments, and cultural landmarks

34 Somerset Place is located in an active lane-way, off Little Bourke Street, close to Bourke Street Mall, Emporium, Hardware Lane and The Strand. Suitable for retail/ office use, this 86sqm tenancy is fully self- contained with a kitchenette, stylish bathroom, polished floors, air-conditioned meeting room with Juliette balcony and a secure entrance.

New Listing

L2, 355 Exhibition Street, Melbourne

L1, 217 Russell Street, Melbourne

Area 135 sqm*

Positioned in a vibrant and high- traffic Food & Beverage precinct, this fully licensed venue offers a rare chance to secure a late- night trading premises with a liquor licence permitting operation from 7am to 4am. The space accommodates up to 104 patrons and includes a commercial kitchen and amenities. A new lease is available.

Area 128 sqm*

Located in Melbourne’s vibrant northern city precinct, this 128 sqm* ground and mezzanine retail space offers a stylish and versatile setting near hotels, offices, and RMIT University. Featuring warm timber floors, exposed brickwork, high ceilings, and excellent accessibility, the self-contained property includes a rear entrance and prominent signage exposure. Its attractive interior and strategic CBD fringe location make it ideal for a wide range of uses.

Under Offer

Key features: • Late night liquor licence • New lease available

Key features: • Strategic city location • Suits a range of

retail uses (STCA)

Key Listings

Suburban.

600 Burke Road, Camberwell

Area Shop 18-20: 124 sqm* Shop 6-7: 50 sqm* Shop 14: 23 sqm*

Camberwell Arcade is a two-storey retail complex, featuring ground-floor retail tenancies. This walk- through arcade provides a key pedestrian link between Woolworths, Target, Market Place, and the main car park on the vibrant Burke Road shopping strip. A number of retail spaces are currently available, including the high-profile former HSBC corner tenancy. Positioned prominently at the arcade entrance and the intersection with Burke Road, this 124sqm space offers excellent exposure with expansive corner windows, making it highly visible and welcoming to passing foot traffic. In addition, three other retail tenancies are ready for immediate occupancy. Among them is a prime café opportunity, centrally located within the arcade‘s busiest thoroughfare.

Key features: • Premier shopping strip • Surrounded by high profile retailers • Various opportunities available

Key Listings

Evelyn Place, East Melbourne

Area Ground Floor: 325 sqm* Total Area: 683 sqm* Key features: • Three level building • Base building services in place • Ideal for food & beverage, bar, or mixed- use concepts (STCA) • In the heart of Hawthorn

A rare East Melbourne opportunity ideally suited to café operators or quality service retailers. This 45 sqm single-level tenancy features a versatile open plan layout with roller-door access, offering excellent functionality for daily trading and deliveries. The property also includes an additional 20 sqm courtyard, providing valuable outdoor amenity for seating, staff use, or display (STCA).

Area 45 sqm* Key features: • Café / Service retail opportunity • Open plan layout

Just Listed

2 Liddiard Street, Hawthorn

323 Lygon Street, Carlton

This prominent three-level building, formerly a restaurant, presents excellent hospitality potential. Base building services such as grease trap, exhaust, plumbing, and electrical are in place, ready for tenant fit-out. Currently a warm shell, the space allows for flexible layout and design. This prominent three-level building, formerly a restaurant, presents excellent hospitality potential. Base building services such as grease trap, exhaust, plumbing, and electrical are in place, ready for tenant fit-out. Currently a warm shell, the space allows for flexible layout and design.

Area 180 sqm* Key features: • Licenced premises • F&B ready • Suit most business uses

Prime two-level commercial space opposite Lygon Street Central. Exceptional opportunity in a highly sought-after precinct, surrounded by premium, established businesses. Featuring dual street frontages for easy access and deliveries, this premises offers licensed trading 7 days a week. Ideal for businesses seeking a vibrant location with strong foot traffic and excellent visibility.

Under Offer

Area Shop A: 60sqm* Under Offer Shop B: 60sqm* Key features: • Metres from High Street • Secure parking • Polished concrete floors & high ceilings

439 Chapel Street, South Yarra

Area 225 sqm* Key features:

This impressive two-level retail space features a generous 5.6-meter frontage for maximum visibility. The property comprises approximately 170 sqm on the ground floor and approximately 55 sqm on the second level, allowing flexibility for various retail concepts. Benefit from the convenience of rear access parking for three cars.

Upcoming Listing

• 5.6 metre frontage • Newly renovated • Rear car parking 3 cars

194 Chapel Street, Prahran

Exceptional retail space in the heart of Prahran. This 60 sqm* tenancy offers a prime location near the corner of High Street, just steps away from both Prahran and Windsor Train Stations, with a tram stop conveniently at the front door. The property features high ceilings, exposed beams, and polished concrete floors, creating an industrial-chic aesthetic. It includes a fully equipped brand-new kitchen and bathroom facilities, as well as a secure car park for staff convenience.

Recent Deals

Meet Our Retail Leasing Specialists

Our specialist Retail Leasing team operates nationwide, ensuring we’re exactly where our clients need us. By combining local expertise with global connectivity, we help our clients’ assets not only reach but exceed their full potential in an ever-evolving business landscape. Contact our team today.

Michael DiCarlo Director, Retail Leasing michael.dicarlo@au.knightfrank.com +61 418 969 220

230 Collins Street, Melbourne

234 Collins Street, Melbourne

1/32 Bourke Street, Melbourne

2/32 Bourke Street, Melbourne

707 sqm

115 sqm

210 sqm

310 sqm

Tenant: Hugo Boss

Tenant: Tissot Client: Private

Tenant: Hill of Content

Tenant: Bali Hai Restaurant

Client: Private

Gary Loo Partner, Retail Leasing gary.loo@au.knightfrank.com +61 411 192 881

380 Lonsdale Street, Melbourne

223 Russell Street, Melbourne

15 Collins Street, Melbourne

172 Little Bourke Street, Melbourne

570 sqm

80 sqm

32 sqm

295 sqm

Tenant: OMI 380

Tenant: Superbowls Noodles Tenant: FourKiloFish Cafe

Tenant: ChuanWazi Dumplings

Client: Private

Marie Formica Retail Leasing & Projects Coordinator marie.formica@au.knightfrank.com +61 412 993 926

50 Bourke Street, Melbourne

229 Russell Street, Melbourne

Shop 16, 108 Bourke Street, Melbourne

600 Burke Road, Camberwell

100 sqm

70 sqm

250 sqm

23sqm

Disclaimer © Knight Frank Australia Pty Ltd 2025 – This presentation is published for general information only and not to be relied upon in any way. Although high standards have been used in the preparation of the information, analysis, views and projections presented in this presentation, no responsibility or liability whatsoever can be accepted by Knight Frank Australia Pty Ltd for any loss or damage resultant from any use of, reliance on or reference to the contents of this document. As a general presentation, this material does not necessarily represent the view of Knight Frank Australia Pty Ltd in relation to particular properties or projects. Reproduction of this presentation in whole or in part is not allowed without prior written approval of Knight Frank Australia Pty Ltd to the form and content within which it appears.

Tenant: Express Liquor

Tenant: Snow Monkey Ramen Tenant: Home Marts

Tenant: Il Moda Client: Private

Client: Private

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