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Property ID: 436954

 

DUAL INCOME INVESTMENT - SHOP WITH SEPARATE APARTMENT

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

- 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










Sold

$700,000

John Kalpakis

Mitch Kalpakis