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2 Market Ct 1,292 SF of Retail Space Available in Reservoir, VIC 3073
Highlights
- Retail shopfront with direct street exposure.
- Backyard area with functional shed/workshop.
- Two-bedroom residence incorporated at the rear.
- Flexible layout adaptable for retail and residential combinations (STCA).
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 1,292 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
Ground
This versatile property at 2 Market Court, Reservoir, presents an exceptional opportunity for businesses seeking a unique live/work solution in a well-connected location. Featuring a retail shopfront that offers prominent street presence combined with a two-bedroom residential area at the rear, the property ensures both functionality and convenience under one roof. The inclusion of a generous rear yard and substantial shed/workshop provides added flexibility for storage, operations, or creative workspace use. Its adaptable layout caters to a wide range of business types, from boutique retail operators and service businesses to those requiring integrated living arrangements. Situated moments from Edwardes Lake Park and close to Reservoir Station, the property benefits from consistent local foot traffic and easy access to arterial routes, ensuring excellent connectivity for customers and staff. With major retail destinations such as Summerhill Shopping Centre and Northland within reach, this property’s location supports strong exposure and operational convenience. Available now for lease, this property combines practicality with positioning in one of Reservoir’s well-established precincts, delivering outstanding potential for both immediate use and long-term growth.
- Partially Built-Out as Standard Retail Space
- Demised WC facilities
- Yard
- 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 | 1,292 SF | Property Subtype | Storefront Retail/Residential |
| Property Type | Retail | Gross Leasable Area | 1,292 SF |
| Total Space Available | 1,292 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 1,292 SF |
About the Property
2 Market Court is located in a mixed residential and commercial zone in Reservoir. The site includes a retail component at the front, a residential dwelling at the rear, and an open yard area with a shed structure.
- Bus Line
- Commuter Rail
- Courtyard
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2 Market Ct
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