Shop A & B & 6, 68 Station Street, Fairfield, VIC 3078

Retail | Offices | Medical

Sold

  • Property ID: 436954
  • Floor Area: 100m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 08/12/2023 100m2 N/A Contact Agent
DUAL INCOME INVESTMENT - SHOP WITH SEPARATE APARTMENT

- Welcome to Shop A & B & 6/68 Station Street Fairfield!
- This prime property is now available for sale, located in the heart of Fairfield only 100 metres to the Fairfield Station and a short stroll to cafes and the main Station Street retail shopping strip
- Light-filled commercial premises of 50sqm with a separate one-bedroom ground floor 50sqm apartment which has a car space
- The shop is currently returning $24,000 per annum gross
- Lease term of 3 years from 28.11.2022 with 2 further lease terms of 2 years each
- Fixed 3 percent annual increases with a market review in year one of each option
- The apartment is leased on a month-to-month tenancy of $260 per week/$13,520 per annum with the scope to increase to $300 per week/$15,600 per annum
- Priced at $799,000 (NO GST PAYABLE), this makes it an attractive investment option for those looking to expand their existing portfolio or to kick start a new one
- Don't miss out on the chance to secure this commercial/residential gem in the heart of Fairfield
- Note the shop and apartment can interconnect to be used as a one-tenancy or occupancy
- Contact us today to arrange a viewing or for further information










Fairfield Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail --- $548 ---
Offices --- $335 ---
Industrial --- $173 ---
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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