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Colliers - Melbourne East

15 & 15A Railway Place Fairfield, VIC 3078

15 & 15A Railway Place,
Fairfield, VIC 3078

Shop & Retail

Price information

Sale - Auction Thu 27 May

Please contact agent

Key property information

Land area

Zoning

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$114,405

Auction

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Colliers - Melbourne East
15 & 15A Railway Place
Fairfield, VIC 3078
Colliers - Melbourne East

Colliers - Melbourne East

Level 7, Chadstone Tower One, 1341 Dandenong Rd
CHADSTONE, VIC 3148

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100% Leased With Diverse Secure Income Stream

  • Multi-Tenancy Investment
  • Located opposite Fairfield Train Station
  • Annual rent of $114,405*
Colliers are pleased to offer for sale 15 & 15A Railway Place, Fairfield via public auction on Thursday 27th May at 12 noon onsite.

This outstanding investment represents the ultimate opportunity to secure a prime corner freehold in a highly regarded and tightly held retail precinct of Fairfield.

Key investment highlights include:

- Irreplicable corner site of 266sqm* with 35m* of street frontage
- Three tenancies combining for $114,405 per annum* rent with future rental growth
- Residential tenancy with 3 bedrooms
- Commanding two storey freehold totalling 320sqm of building area
- 5 year lease with a 5 year option to high-regarded local café who have been in occupation since 2007
- Favourable Commercial 1 Zoning allowing future development potential (STCA)
- Strategically located just off the Station Street retail/entertainment precinct, home of many national tenants.
- Directly opposite Fairfield Railway Station and within 1km from the Eastern Freeway providing access to the CBD and Melbourne’s Eastern suburbs.

Open For Inspections:
Wednesday 5th May 10:30am – 11:00am
Wednesday 12th May 10:30am – 11:00am
Wednesday 19th May 10:30am – 11:00am
Wednesday 26th May 10:30am – 11:00am

*Approx

FOR SALE VIA PUBLIC AUCTION ON THURSDAY 27TH MAY AT 12 NOON ONSITE

For further information, please contact the exclusive selling agents of Colliers:

Alex Browne +61 418 350 545
Andrew Ryan +61 408 543 527
Leon Ma +61 417 070 725

Property ID: 503803226Last Updated: 11 May 2021

Agency contacts

Colliers - Melbourne East
Level 7, Chadstone Tower One, 1341 Dandenong Rd
CHADSTONE, VIC 3148
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Andrew Ryan

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Andrew Ryan
Colliers - Melbourne East
15 & 15A Railway Place Fairfield, VIC 3078

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