An outstanding opportunity to secure one or both retail premises in a tightly held and thriving Templestowe retail precinct. Positioned within a well-established local shopping strip, these properties offer flexibility, exposure, and strong long-term appeal for both investors and owner-occupiers.

•Building Areas: 75 sqm – 150 sqm approx.
•Two (2) separately titled shops
•Suitable for occupiers or investors
•Currently Leased to the South African Shop (Grocery) at a rental of $66,568.20 p/a + GST with the tenant paying all outgoings
•Lease term: 3 years commencing 01/07/2024 and expiring 30/06/2027 with no further option (the choice is yours to either extend the Lease or take occupation)
•Excellent frontage and natural light
•Established retail location
•Surrounded by quality local businesses
•Ample customer parking

Positioned within the vibrant James Street retail strip, the property is located moments from major retail and lifestyle amenities including:
•Woolworths Templestowe Village
•IGA Templestowe
•Templestowe Timber & Hardware
•Chemist Warehouse
•Coles Templestowe
•Templestowe Hotel
•Templestowe Village Shopping Centre
•Multiple cafes, restaurants, medical services and specialty retailers

Outgoings payable by tenant estimated at:
Council Rates: $5,050 per annum
Water Rates: $2,200 per annum
Owners Corporation Fees: $5,500 per annum