A PROMINENT MIXED-USE INVESTMENT WITH SIGNIFICANT RENTAL 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 王敬君
+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 黄乙辉
0427 349 064
ewong@nelsonalexander.com.au
*Approx.
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