Your email has been sent.
265 Spring St 1,991 SF of Retail Space Available in Reservoir, VIC 3073
Highlights
- Strategic location directly opposite Reservoir train station and moments from main bus routes.
- Rear council car park and dual entry points enhance functionality and customer convenience.
- Flexible Commercial 1 zoning supporting retail, office, medical, or specialty uses.
- Surrounded by thriving retailers including Coles, Bakers Delight, Chemist, cafés, and services.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 1,991 SF | Negotiable | $10.90 /SF/YR $0.91 /SF/MO $21,711 /YR $1,809 /MO | TBD |
Ground
This expansive retail premises offers exceptional placement within Reservoir’s vibrant commercial heart, directly opposite Reservoir train station. Positioned along the bustling Spring Street strip, the property provides a rare opportunity for a wide range of uses, from retail and professional services to medical or allied health, under flexible Commercial 1 zoning. Featuring a high-exposure frontage and dual access points, the premises is complemented by excellent connectivity thanks to multiple public transport options and abundant nearby amenities. A council-operated car park at the rear ensures convenient parking for staff and visitors. Surrounding businesses include national supermarkets, local eateries, and community services, generating consistent foot traffic and strong customer visibility. With its adaptable layout, central positioning, and outstanding accessibility, this property presents a compelling solution for occupiers looking to establish or expand their presence in one of Reservoir’s most high-profile locations.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Recessed Lighting
- 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 | 1,991 SF | Property Subtype | Storefront Retail/Residential |
| Property Type | Retail | Gross Leasable Area | 3,283 SF |
| Total Space Available | 1,991 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 3,283 SF |
About the Property
265 Spring St occupies a central position on Spring Street within Reservoir’s commercial precinct, opposite the train station and close to major local amenities and community services.
- Bus Line
- Commuter Rail
- Signage
- Recessed Lighting
Presented by
265 Spring St
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.