DUAL INCOME INVESTMENT - SHOP WITH SEPARATE APARTMENT

- 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

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

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School catchments

St Anthony's School Primary Prep-6 Catholic 0.23km
Fairfield Primary School Primary Prep-6 Government 0.30km
Westgarth Primary School Primary Prep-6 Government 1.1km
Alphington Primary School Primary Prep-6 Government 1.3km
Spensley Street Primary School Primary Prep-6 Government 1.5km
Alphington Grammar School Combined Prep-12 Independent 1.6km
Santa Maria College Secondary 7-12 Catholic 1.7km
St Joseph's School Primary Prep-6 Catholic 1.9km
Mary Immaculate School Primary Prep-6 Catholic 2.0km
Northcote Primary School Primary Prep-6 Government 2.0km
Virtual School Victoria Combined Prep-12 Government 2.1km
Holy Spirit School Primary Prep-6 Catholic 2.1km
Wales Street Primary School Primary Prep-6 Government 2.2km
St Bernadette's School Primary Prep-6 Catholic 2.3km
Ivanhoe Grammar School Combined Prep-12 Independent 2.5km
Northcote High School Secondary 7-12 Government 2.6km
Ivanhoe Primary School Primary Prep-6 Government 2.7km
Thornbury High School Secondary 7-12 Government 2.7km
Fitzroy High School Secondary 7-12 Government 2.7km
Sophia Mundi Steiner School Combined Prep-12 Independent 2.8km
Xavier College - Burke Hall Combined Catholic 2.9km
Ivanhoe Girls' Grammar School Combined Prep-12 Independent 3.0km
Fitzroy High School - Wurun Senior Campus Secondary Government 3.3km
Collingwood College Combined Prep-12 Government 3.5km
Victorian School Of Languages Combined Government 3.6km
Trinity Grammar School Kew Combined Prep-12 Independent 3.7km
Collingwood College-Collingwood Alternative School Combined Government 3.8km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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