Watch Watch
Your home of Development Ready videos
Watch Watch
Back
Sold Check

218-222 Station Street, Fairfield VIC 3078

218-222 Station Street, Fairfield VIC 3078

Fairfield

×
Sold Check
+2 Photos

218-222 Station Street, Fairfield VIC 3078

Fairfield

SOLD
218-222 Station Street, Fairfield VIC 3078

218-222 Station Street, Fairfield VIC 3078

Properties / Sold / Victoria / Fairfield
Development Potential
Property Type
Mixed Use
Land Area
683 m² (*approx)
Zoning
GRZ2 GRZ
LGA
Darebin City
Selling Method
EOI: Closing Thursday 8th December 2022 at 2:00pm (AEDT)
Show All
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

[email protected]

Alex Brierley

+61 447 974 447

[email protected]

Jing Jun (JJ) Heng 王敬君

+61 411 059 116

[email protected]

Nelson Alexander Commercial:

Kristian Lunardi

0401 810 556

[email protected]

Damien Theisz

0448 319 171

[email protected]

Ethan Wong 黄乙辉

0427 349 064

[email protected]

*Approx.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

218-222 Station Street Development Site Summary

Property Type
Mixed Use
Land Area
683 m² (*approx)
GRZ2 GRZ
Darebin City
Selling method
EOI: Closing Thursday 8th December 2022 at 2:00pm (AEDT)

Development Site Highlights

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

[email protected]

Alex Brierley

+61 447 974 447

[email protected]

Jing Jun (JJ) Heng 王敬君

+61 411 059 116

[email protected]

Nelson Alexander Commercial:

Kristian Lunardi

0401 810 556

[email protected]

Damien Theisz

0448 319 171

[email protected]

Ethan Wong 黄乙辉

0427 349 064

[email protected]

*Approx.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

Finance Calculator

218-222 Station Street, Fairfield VIC 3078

Secure/no obligation

Step 1

Loan Variables

Adjust the inputs to explore your indicative finance options.

You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.

Estimated Purchase Price: $x,xxx,xxx
What you intend to pay for the property
Your Contribution: $x,xxx,xxx
The amount you’re investing
LVR: $x,xxx,xxx
Loan to Value Ratio

Estimated Purchase Price:*

What you intend to pay for the property

$

Your Contribution:

The amount you’re investing

Min: 0% - Max: 90% of purchase price.

$

LVR:

Loan to Value Ratio

Min: 10% - Max: 100% of purchase price.

%

Loan Analysis

Estimated Purchase Price:
Your expected purchase price. Final lender valuation may differ and will affect LVR and borrowing.
$x,xxx,xxx
Your Contribution:
Your funds toward the purchase (savings/equity/gift). Does not include costs like duty, legals or LMI.
$xxx,xxx
Loan to Value Ratio:
Calculated as Loan ÷ Price. Guidance only. Lender policy caps vary by property type, location and borrower profile.
xx%
Loan Amount:
Estimated loan based on your inputs. Excludes fees, LMI and costs. Subject to credit assessment and valuation.
in full report
Interest Only: Monthly Repayments
Estimate using interest-only at 5.85% p.a. Excludes fees. Rates can change without notice.
in full report
Principal & Interest: Monthly Repayments
Estimate at 5.85% p.a. over 15 years, monthly compounding. Excludes fees/LMI. Rates may change.
in full report
Stamp Duty: victoria
Indicative rate for victoria. Concessions/exemptions (e.g., first home) may apply and change the amount.
in full report
Stamp Duty Cost:
Estimate only. Check SRO victoria for the latest rules and any concessions that may reduce this figure.
in full report

Property Location of 218-222 Station Street, Fairfield VIC 3078

One moment please.

Retrieving map...

Due Diligence

Developments and amenities within a 5km radius of this Mixed Use opportunity at 218-222 Station Street, Fairfield VIC 3078.

Site Report Available

Download your free DistrictData site summary. Make sure you are logged into DevelopmentReady to allow access

Report Contains

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
Download Report
Download Report