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107-123 Porter St 8,611 SF of Retail Space Available in Templestowe, VIC 3106
Highlights
- Substantial 1.33-hectare landholding (13,345 m²) situated in a prime Templestowe location.
- Strong demographic profile supporting ongoing demand for premium housing, health, and education developments.
- Excellent connectivity via major arterials, public transport, and community facilities in Melbourne’s northeast corridor.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 8,611 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
Ground
GormanKelly presents an exceptional leasing opportunity at 107–123 Porter Street, Templestowe, within one of Melbourne’s most affluent and evolving locales. This premium site spans an impressive 13,360 m² with 145 metres of high-exposure frontage, offering substantial versatility for major retail or hospitality-based ventures. The property includes versatile building improvements totaling approximately 800 m², supported by a current planning permit for a Food and Produce Market plus Food and Drink Premises. This foundation, coupled with the expansive landholding, creates enormous scope for occupiers to establish a large-format retail, market concept, premium dining destination, or alternative specialty use (STCA). Strategically located near Templestowe Village, key arterials, and affluent residential catchments, the property capitalizes on strong demographics, consistent consumer spending, and proximity to lifestyle and community amenities. Its commanding position and scale make it one of the most significant retail-oriented leasing opportunities in Melbourne’s east.
- Fully Built-Out as Standard Retail Space
- Expansive site of approx. 13,360 m²
- Existing buildings totaling 800 m²
- Adaptable for large-scale retail, hospitality
- Current permit in place for a Food and Produce Mkt
- Unmatched 145 metres of street frontage
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 | 8,611 SF | Property Subtype | Supermarket |
| Property Type | Retail | Gross Leasable Area | 8,611 SF |
| Total Space Available | 8,611 SF |
| Property Type | Retail |
| Property Subtype | Supermarket |
| Gross Leasable Area | 8,611 SF |
About the Property
107–123 Porter Street represents a significant landholding of approximately 13,345 m² (1.33 hectares) strategically located in the heart of Templestowe. The property is situated within a premium residential and lifestyle precinct of Melbourne’s northeast.
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107-123 Porter St
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