7 & 9 Railway Place,
Fairfield, VIC 3078
Shops & Retail • Other
Key property information
Floor area
Sold on
CBRE - Melbourne
Level 34, 8 Exhibition StreetMELBOURNE, VIC 3000
7 & 9 Railway Place
Fairfield, VIC 3078
Map
Attention $900,000+ Investors: 2 x Set & Forget Investments - Offered Separately
- Long 10-Year Leases
- Fixed 3%+ Annual Growth
- Low Outgoings & Maintenance
Stonebridge Property Group & CBRE are pleased to present for sale 7 & 9 Railway Place, Fairfield.
The Location
- Strategically positioned directly opposite the heavily trafficked Fairfield Train Station - the busy station saw 610,000+ commuters in the 18/19 financial year, providing tenants with a constant stream of foot traffic
- Benefiting from immediate access to a ~60 space public car park, a major advantage for local businesses with customers enjoying an added level of convenience
- Forming part of the 77 apartment Greenwich development and in close proximity to several other mid-rise projects that together ensure high population to the immediate area, driving demand for hospitality businesses such as Burgertory & Café 9
The Opportunities
Shop 7 Railway Place
- Tenanted by Burgertory – Victoria’s second largest independent burger outlet with 15 venues
- Near new 10-year net lease (Burgertory are responsible for all building outgoings)
- Well exposed 92 sqm* shop with wide frontage & 1 on-title car park which can be leased separately (estimated net income: $2,400* + GST)
Shop 9 Railway Place
- Tenanted by popular café Railway 9 – The second café for Chef Jack Lee who won the award for Australian Chef of the Year in 2018
- An ideal tenant for the position that services breakfast/coffee for inbound CBD train commuters
- Near new 10-year net lease (Railway 9 are responsible for all building outgoings)
- Well exposed 98 sqm* shop with wide frontage to station & public car park
*Approx.
To obtain further information, please contact the exclusive selling agents:
Stonebridge Property Group:
Nic Hage
0448 782 5...
Sarah Xi
0468 320 297
CBRE:
Nathan Mufale
0421 224 3...
Alex Brierley
0447 974 4...
This campaign is managed by Advise Transact (advisetransact.com.au).
The Location
- Strategically positioned directly opposite the heavily trafficked Fairfield Train Station - the busy station saw 610,000+ commuters in the 18/19 financial year, providing tenants with a constant stream of foot traffic
- Benefiting from immediate access to a ~60 space public car park, a major advantage for local businesses with customers enjoying an added level of convenience
- Forming part of the 77 apartment Greenwich development and in close proximity to several other mid-rise projects that together ensure high population to the immediate area, driving demand for hospitality businesses such as Burgertory & Café 9
The Opportunities
Shop 7 Railway Place
- Tenanted by Burgertory – Victoria’s second largest independent burger outlet with 15 venues
- Near new 10-year net lease (Burgertory are responsible for all building outgoings)
- Well exposed 92 sqm* shop with wide frontage & 1 on-title car park which can be leased separately (estimated net income: $2,400* + GST)
Shop 9 Railway Place
- Tenanted by popular café Railway 9 – The second café for Chef Jack Lee who won the award for Australian Chef of the Year in 2018
- An ideal tenant for the position that services breakfast/coffee for inbound CBD train commuters
- Near new 10-year net lease (Railway 9 are responsible for all building outgoings)
- Well exposed 98 sqm* shop with wide frontage to station & public car park
*Approx.
To obtain further information, please contact the exclusive selling agents:
Stonebridge Property Group:
Nic Hage
0448 782 5...
Sarah Xi
0468 320 297
CBRE:
Nathan Mufale
0421 224 3...
Alex Brierley
0447 974 4...
This campaign is managed by Advise Transact (advisetransact.com.au).
Fairfield, 3078 demographic data
The median household income for Fairfield is $1,967, 3% higher than Greater Melbourne's household income of $1,901. Fairfield has a similar age profile compared to the rest of Greater Melbourne (median age 37). Property ownership data shows 48% of property owners in Fairfield have a mortgage.
6,535
Population
$1,967 per week
Median household income
37 years
Median age
Owners
Most residents
Families
Most households
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Stonebridge Property Group - MelbourneLevel 19, 627 Chapel Street
SOUTH YARRA, VIC 3141
SOUTH YARRA, VIC 3141
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