Dual Income Investment with Development Upside (STCA)

RWC Oakleigh is delighted to present 80-82 Station Street, Fairfield to the market which will be offered via a public on-site and online Auction scheduled for Friday 15th December 2023 at 1:30 pm.

This single-level freehold investment property benefits from its fantastic location along with having two tenancies both of which have been operating successfully on Station Street for over 25 years and thus presents an excellent opportunity for those seeking a first-class asset in a highly desirable location. Situated in the heart of a thriving retail precinct, the property boasts a fantastic 10.1m* frontage and the potential for investors to enjoy the convenience of having two separate income streams with the potential for development in the future (STCA).

The surrounding area is bustling with recognised businesses including Guzman Y Gomez, Chemist Warehouse, Grill'd, Nikos, Oasis Bakery & Baker's Delight to name a few. Additionally, there are various complementary tenancies including cafes, take-away shops, pharmacies, news agency & fruiterers showcasing the area's strength and viability.

The property benefits from rear access, on-site parking and conveniently located just metres from Fairfield Station. This property also provides you with fantastic versatility as a passive dual income investment with potential to occupy or to develop (STCA) - the choice is yours!

Property Attributes:

• Total land area | 390m2*
• Total building area | 160m2*
• Both Tenants operating for over 25 years
• Frontage to Station Street of 10.1m*
• First time offered in over 20 years
• Surrounded by Oasis Bakery, Nikos, Grill'd, Chemist Warehouse & Guzman Y Gomez
• Only metres from Fairfield Station
• Future Development Potential (STCA)
• Rear access & on-site parking
• Commercial 1 Zone (C1Z)

For further information please contact one of the Marketing agents below:

Theo Karkanis | 0431 391 035
George Ganavas | 0478 634 562
George Kelepouris | 0425 798 677

*All areas and figures are approximate only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.

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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