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Sold on 28 May 2021

15 & 15A Railway Place Fairfield VIC 3078

  • Shop & Retail
  • 266 m²
  • Sold

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

Alex Browne
Colliers International | Melbourne East
Alex Browne
Colliers International | Melbourne East
Andrew Ryan
Colliers International | Melbourne East
Andrew Ryan
Colliers International | Melbourne East
Leon Ma
Colliers International | Melbourne East
Leon Ma
Colliers International | Melbourne East

Property Highlights

Property ID2016965309
Date Sold28 May 2021
Floor AreaAsk Agent
Land Area266 m²
ParkingAsk Agent
Category
Last updated  28 May 2021
Map for 15 & 15A Railway Place Fairfield VIC 3078
Map for 15 & 15A Railway Place Fairfield VIC 307815 & 15A Railway Place Fairfield VIC 3078
Alex Browne
Colliers International | Melbourne East
Alex Browne
Colliers International | Melbourne East
Andrew Ryan
Colliers International | Melbourne East
Andrew Ryan
Colliers International | Melbourne East
Leon Ma
Colliers International | Melbourne East
Leon Ma
Colliers International | Melbourne East

Property Highlights

Property ID2016965309
Date Sold28 May 2021
Floor AreaAsk Agent
Land Area266 m²
ParkingAsk Agent
Category
Last updated  28 May 2021
Colliers International | Melbourne East
Chadstone Tower One Level 7, 1341 Dandenong Road Chadstone VIC 3148
Alex Browne
Colliers International | Melbourne East
Alex Browne
Colliers International | Melbourne East
Andrew Ryan
Colliers International | Melbourne East
Andrew Ryan
Colliers International | Melbourne East
Leon Ma
Colliers International | Melbourne East
Leon Ma
Colliers International | Melbourne East
Alex Browne

Alex Browne

Colliers International | Melbourne East

Andrew Ryan

Andrew Ryan

Colliers International | Melbourne East

Leon Ma

Leon Ma

Colliers International | Melbourne East

+61 *** ***
+61 418 350 545

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