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218-222 Station Street
Fairfield VIC 3078
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Sold on 9 Jan 2023

218-222 Station Street Fairfield VIC 3078

  • Shop & Retail
  • 474 m²
  • Sold

A PROMINENT MIXED-USE INVESTMENT WITH SIGNIFICANT RENTAL UPSIDE

  • Multi-tenanted freehold investment
  • 10-year lease to Fairfield Pizza
  • Diversified income stream with upside

CBRE Melbourne Metropolitan Sales & Nelson Alexander Commercial are delighted to present for sale a prominent mixed-use freehold investment and substantial landholding located on Fairfield's main retail thoroughfare located at 218-222 Station Street, Fairfield.

218-222 Station Street, Fairfield offers investors, landbankers and part owner occupiers the opportunity to secure a high exposure and prominent 683 square metres* landholding with significant rental upside.

The property can be summarised by the key investment highlights:

+A multi-tenanted retail, office and residential building across four (4) separate tenancies including 10 Year Lease commencing Dec-21 to Fairfield Pizza (218 Station Street)

+ A two (2) level mixed-use building across 474 square metres* of total building area as well as separate balconies, private open space and rear garden

+ A high exposure 683 square metres* landholding with outstanding development potential and opportunity for strata subdivision and subsequent sell down (STCA)

+ Located on Fairfield's established retail thoroughfare, home to major national retailers and service retailers, supported by a strong residential catchment area and median house price of $1,732,500 (Source: REIV 2022)

For further information please contact the exclusive sales and marketing agents at CBRE & Nelson Alexander:
CBRE:

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au

Alex Brierley
+61 447 974 447
alex.brierley@cbre.com.au

Jing Jun (JJ) Heng
+61 411 059 116
jj.heng@cbre.com.au

Nelson Alexander Commercial:

Kristian Lunardi
0401 810 556
klunardi@nelsonalexander.com.au

Damien Theisz
0448 319 171
dtheisz@nelsonalexander.com.au

Ethan Wong
0427 349 064
ewong@nelsonalexander.com.au

*Approx.

CBRE
CBRE
Level 34,
Melbourne, VIC 3000

Property Highlights

Date Sold9 Jan 2023
Floor Area474 m²
Land Area683 m²
ParkingOn site parking available
Property ID2018178821
Category
Last updated  10 Jan 2023
Map for 218-222 Station Street Fairfield VIC 3078

Nearest transport* to 218-222 Station Street Fairfield VIC 3078

Bus
Train
Tram
Station St/Separation St (Fairfield)34 m
Separation St/Station St (Fairfield)48 m
Separation St/Station St (Fairfield)64 m
Station St/Separation St (Fairfield)75 m
This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
*Within a 4km radius
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CBRE
CBRE
Level 34,
Melbourne, VIC 3000

Property Highlights

Date Sold9 Jan 2023
Floor Area474 m²
Land Area683 m²
ParkingOn site parking available
Property ID2018178821
Category
Last updated  10 Jan 2023

Co-Agents

Kristian Lunardi
Kristian Lunardi
Nelson Alexander Commercial
Call
0401 810 556
Damien Theisz
Damien Theisz
Nelson Alexander Commercial
Call
0448 319 171

More about 218-222 Station Street Fairfield VIC 3078

218-222 Station Street Fairfield VIC 3078 is categorized as Shop & Retail Property. It has a floor area of 474 m² and a land area of 683 m². The listing ID for this property is 2018178821.

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