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Highlights

  • Highly exposed double-fronted position along busy Carlisle Street.
  • Flexible internal layout adaptable for a wide range of retail applications (STCA).
  • Secure rear access supported by two dedicated car parks for staff or deliveries.
  • Prominent glass frontage offering abundant natural light and strong visual presence.
  • Direct pedestrian connectivity with trams at the doorstep and Balaclava Train Station nearby.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • Ground
  • 1,873 SF
  • Negotiable
  • $20.39 /SF/YR $1.70 /SF/MO $38,184 /YR $3,182 /MO
  • TBD
Space Use
Retail
Build-Out
Partial Build-Out
Availability
Now

This property comprises a single-level, double-fronted retail premises that offers both strong exposure and convenience. The internal layout is flexible to accommodate an array of retail or service-based operations, subject to council approval. The space is designed to be light-filled with wide glass frontage enhancing natural light and street presence. Rear access provides secure entry for deliveries and two allocated parking spaces for staff or operational needs. The property benefits from direct access to public transport, including tram services directly in front and Balaclava Train Station within walking distance. The location is anchored within a vibrant retail and hospitality precinct, drawing consistent pedestrian activity and vehicle traffic, and is adjacent to major national supermarkets including Woolworths and Coles.

  • Partially Built-Out as Standard Retail Space
  • Display Window
Space Size Term Rental Rate Rent Type
Ground 1,873 SF Negotiable $20.39 /SF/YR $1.70 /SF/MO $38,184 /YR $3,182 /MO TBD

Ground

Size
1,873 SF
Term
Negotiable
Rental Rate
$20.39 /SF/YR $1.70 /SF/MO $38,184 /YR $3,182 /MO
Rent Type
TBD
Space Use
Retail
Build-Out
Partial Build-Out
Availability
Now

This property comprises a single-level, double-fronted retail premises that offers both strong exposure and convenience. The internal layout is flexible to accommodate an array of retail or service-based operations, subject to council approval. The space is designed to be light-filled with wide glass frontage enhancing natural light and street presence. Rear access provides secure entry for deliveries and two allocated parking spaces for staff or operational needs. The property benefits from direct access to public transport, including tram services directly in front and Balaclava Train Station within walking distance. The location is anchored within a vibrant retail and hospitality precinct, drawing consistent pedestrian activity and vehicle traffic, and is adjacent to major national supermarkets including Woolworths and Coles.

  • Partially Built-Out as Standard Retail Space
  • 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 1,873 SF
Property Type Retail
Property Subtype Storefront Retail/Residential
Gross Leasable Area 16,393 SF

About the Property

196 Carlisle Street offers a versatile and highly visible retail opportunity in the heart of Balaclava’s bustling commercial precinct. This single-level, double-fronted shop sits prominently along Carlisle Street, a vibrant corridor lined with well-known cafes, restaurants, and key retailers such as Woolworths and Coles. The location places your business among a thriving mix of operators, benefiting from constant pedestrian and vehicle traffic. The property’s expansive street-facing windows deliver abundant natural light and maximize brand exposure, while the flexible floor plan is suitable for a variety of retail or service-based uses (STCA). Convenient rear access ensures seamless stock handling and deliveries, further enhanced by two allocated parking spaces. Customers enjoy unmatched accessibility thanks to immediate tram stops and Balaclava Train Station just a short walk away. Position your business in one of Melbourne’s most dynamic retail environments, with surrounding hospitality, strong residential density, and reliable footfall providing exceptional trading prospects.

Nearby Major Retailers

UBX
Anytime Fitness
  • Listing ID: 40311753

  • Date on Market: 4/28/2026

  • Last Updated:

  • Address: 196 Carlisle St, Balaclava, VIC 3183

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