Free Commercial Lease Template for Australia

As a commercial property investor, you know a solid lease agreement protects your investment. It also supports a smooth relationship with tenants when you clarify responsibilities and obligations up front.

In this guide, we ’ll walk through the key elements of a commercial lease template . You’ll see why using a template can minimize confusion and help you manage agreements more efficiently.

Contents

Why Use a Commercial Lease Template?
Key Elements of a Commercial Lease Template
Executing and Managing a Commercial Lease Agreement

Why Use a Commercial Lease Template?

Using a commercial lease template offers several advantages:

Time-saving: A pre-drafted template eliminates the need to create a lease agreement from scratch.
Consistency: Using a standard template ensures all your lease agreements have a uniform structure and meet current regulations.
Customization: A good template is easy to adapt. You can tailor it to the unique needs of your property or tenants.
Legal compliance: A well-drafted template helps ensure your lease agreements comply with Australian lease law. It can also streamline the process for electronic signing.

Key Elements of a Commercial Lease Template

Every strong commercial lease template shares several key elements.

Parties: Clearly identify the landlord and tenant. Include their legal names and contact information.
Premises: Add a detailed description of the leased property. State the address, size, amenities, and shared areas.
Lease term: List the lease’s start and end dates. Include options for renewal.
Rent: Write the base rent amount and due dates. Include terms for rent increases and extra costs, like outgoings or operating expenses.
Security deposit: List the deposit amount and its purpose. Explain the conditions for returning it at the end of the lease.
Use of premises: Define how tenants can use the property. Note any limits on their activities.
Maintenance and repairs: State who handles property maintenance, repairs, and improvements.
Insurance: Specify what insurance both landlord and tenant need. Include the types and required amounts.
Termination: Add terms for early termination, default, and what happens if someone breaches the agreement.
Dispute resolution: Outline a clear process for resolving landlord-tenant disputes. Examples include mediation or arbitration.

By including these essential elements in your commercial lease template, you’ll have a strong baseline that covers essential clauses for landlords and tenants. Remember to have your template reviewed by a qualified legal professional to ensure it complies with your local laws and regulations.

A template is a strong starting point. Still, work with experienced professionals to confirm legal requirements and tailor clauses for each lease.

Executing and Managing a Commercial Lease Agreement in Australia

Signing the Lease: Once you finalize the lease terms, both landlord and tenant should sign. In many regions, electronic signatures are valid if legal provisions allow.
Storing Lease Documents: Give signed copies to tenants, guarantors, and your property or strata manager. Store agreements securely in one digital location. Modern property platforms, like Credia Plus in Re-Leased, use AI to organize critical lease data. Landlords and managers can track obligations and review terms without manual effort.
Ongoing Monitoring: Watch key dates such as rent reviews, lease expiries, and renewal options. Lease management systems automate reminders and help you track compliance. Some solutions, like Credia Plus, let you chat with your lease documents using AI. You get instant answers without searching through long agreements. Regular inspections help you catch and solve issues early.

A recent case study with Commercial Property Partners (CPP) shows that property managers using AI-powered lease management solutions like Re-Leased can save up to 35 hours of weekly administration, translating to measurable ROI and streamlined operations.
Lease Variations and Renewals: If things change or you renew, put any updates in writing. Make sure all parties sign. Keep a clear digital record of changes to protect everyone’s interests under Australian law.

About the Author

Dulan Perera
Director, Demand Gen

Dulan combines strategic marketing expertise with deep knowledge of commercial real estate (CRE) to drive meaningful growth across the industry. His focus is on connecting property professionals with insights that matter, spanning compliance, financial operations, property management, stakeholder relationships, and the evolving role of technology and AI. His goal: help real estate businesses scale smarter in a digital-first world.

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