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118 James St 657 SF of Retail Space Available in Templestowe, VIC 3106
Highlights
- Corner-positioned, single-level building featuring multiple tenancies.
- Located in a high-foot-traffic village environment with ample customer parking nearby.
- Direct street frontage and expansive glazing provide strong retail presence.
- Immediate access to public transportation and major arterials serving Melbourne's northeast suburbs.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground, Ste C | 657 SF | Negotiable | $39.50 /SF/YR $3.29 /SF/MO $25,936 /YR $2,161 /MO | TBD |
Ground, Ste C
This highly versatile retail space is positioned in the heart of Templestowe Village, one of the area’s most dynamic commercial precincts. With a single prominent shopfront on James Street, the property provides exceptional exposure and visibility to steady pedestrian and vehicle traffic. Its open-plan design supports a wide range of applications, including boutique retail, medical, or commercial office use, delivering flexibility for occupiers. The interior features air-conditioning throughout, a dedicated kitchenette, and private toilet amenities for staff and guest convenience. Nearby public transport stops and ample customer parking enhance accessibility, making it easy for clients and employees to visit. The immediate surrounding environment includes local dining, specialty retailers, and professional services, forming a supportive business ecosystem. Templestowe Village is a tightly held, vibrant location with strong community engagement and a high proportion of owner-occupiers in the residential catchment. This property is available from May 2026, offering businesses a prime opportunity to secure a foothold in a well-established commercial district in Melbourne’s northeast.
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air Conditioning
- Private Restrooms
- High Ceilings
- Hardwood Floors
- Prominent single shopfront
- Flexible open-plan layout
- Kitchenette, and private restroom facilities
- Ample nearby customer parking
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 | 657 SF | Gross Leasable Area | 3,940 SF |
| Property Type | Retail | Parking Ratio | 3.3/1,000 SF |
| Property Subtype | Storefront |
| Total Space Available | 657 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 3,940 SF |
| Parking Ratio | 3.3/1,000 SF |
About the Property
The property occupies a corner site within Templestowe Village, configured as a single-story retail structure accommodating multiple tenancies. The immediate area includes mixed commercial uses such as food outlets, services, and specialty retailers. The specific tenancy measures approximately 61 square meters and includes internal amenities. Public bus stops are located within 50 meters, and the nearest rail station is approximately 4.7 kilometers away. The property’s location benefits from connectivity to surrounding arterials and proximity to established residential neighborhoods in the northeastern Melbourne region
- Corner Lot
- Signage
- Air Conditioning
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118 James St
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