Shop A & B & 6, 68 Station Street,
Fairfield, VIC 3078
Shops & Retail • Offices • Medical & Consulting
Key property information
Floor area
Car spaces
Zoning
Municipality
Tenure type
Sold on
Map of Shop A & B & 6, 68 Station Street
DUAL INCOME INVESTMENT - SHOP WITH SEPARATE APARTMENT
- NO GST PAYABLE
- 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
- 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
Additional information
External websites
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
Shop A & B & 6, 68 Station Street
Fairfield, VIC 3078
Ray White - Preston363 High Street
PRESTON, VIC 3072
PRESTON, VIC 3072
More properties from Ray White - Preston
Other properties you might be interested in based on the location and property type you are looking at.
