80-82 Station Street, Fairfield, VIC 3078

Retail | Development/Land | Offices

Sold

  • Property ID: 439011
  • Floor Area: 160m²
  • Land Area: 390m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 15/12/2023 160m2 390m2 Contact Agent
Dual Income Investment with Development Upside (STCA)

RWC Oakleigh is delighted to present 80-82 Station Street, Fairfield to the market which will be offered via a public on-site and online Auction scheduled for Friday 15th December 2023 at 1:30 pm.

This single-level freehold investment property benefits from its fantastic location along with having two tenancies both of which have been operating successfully on Station Street for over 25 years and thus presents an excellent opportunity for those seeking a first-class asset in a highly desirable location. Situated in the heart of a thriving retail precinct, the property boasts a fantastic 10.1m* frontage and the potential for investors to enjoy the convenience of having two separate income streams with the potential for development in the future (STCA).

The surrounding area is bustling with recognised businesses including Guzman Y Gomez, Chemist Warehouse, Grill'd, Nikos, Oasis Bakery & Baker's Delight to name a few. Additionally, there are various complementary tenancies including cafes, take-away shops, pharmacies, news agency & fruiterers showcasing the area's strength and viability.

The property benefits from rear access, on-site parking and conveniently located just metres from Fairfield Station. This property also provides you with fantastic versatility as a passive dual income investment with potential to occupy or to develop (STCA) - the choice is yours!

Property Attributes:

• Total land area | 390m2*
• Total building area | 160m2*
• Both Tenants operating for over 25 years
• Frontage to Station Street of 10.1m*
• First time offered in over 20 years
• Surrounded by Oasis Bakery, Nikos, Grill'd, Chemist Warehouse & Guzman Y Gomez
• Only metres from Fairfield Station
• Future Development Potential (STCA)
• Rear access & on-site parking
• Commercial 1 Zone (C1Z)

For further information please contact one of the Marketing agents below:

Theo Karkanis | 0431 391 035
George Ganavas | 0478 634 562
George Kelepouris | 0425 798 677

*All areas and figures are approximate only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.

Fairfield Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail --- $548 ---
Industrial --- $211 ---
Offices --- $335 ---
This is the average advertised price, rent and yield for Fairfield, VIC 3078*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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