Steveway Real Estate is pleased to present this rare commercial investment opportunity in Fairfield's thriving Station Street retail precinct. Positioned in a high-traffic area, this property offers a secure income stream with a reliable tenant, making it an ideal addition to an investment portfolio or Self-Managed Super Fund (SMSF).Land Area: 93 sqm*Building Area: 93 sqm*Zoning: Commercial 1 Zone (C1Z)Tenancy: Five (5) year lease commenced 17/12/2023 (Business in operation since 2013)Further Term: Nil - Available to either occupy from December 2028 or offer lease renewal to existing tenantRental: $41,374.92 per annum + GST, increasing by CPI on 17/12/2026Outgoings: 100% payable by tenantSecure lease with reliable tenantCPI-linked rental growthCommercial 1 zoning allows a variety of retail and office usesSituated in Fairfield's highly regarded Station Street retail strip, the property is surrounded by popular cafes, eateries, and specialty shops, offering excellent pedestrian and vehicle exposure with strong foot traffic and brand visibility. It is conveniently located close to Fairfield Train Station, public car parks, and major shopping amenities including Fairfield Village. The suburb of Fairfield continues to experience strong property growth, high rental demand, and a vibrant local economy, making this a highly sought-after commercial precinct.This is a rare opportunity to acquire a fully-leased, low-risk investment in one of Fairfield's most sought-after commercial precincts.141 Station Street, Fairfield is For Sale via Public on-site Auction Wednesday 06th May 2026 at 12:30pm (open to inspect from 12:00pm).For further details contact our selling agents.
The size of Fairfield is approximately 3.5 square kilometres. There are 22 parks, covering nearly 43.5% of the total area. The population of Fairfield in 2016 was 6558 people. By 2021 the population was 6535 showing a population decline of 0.4% in the area during that time. The predominant age group in Fairfield is 30-39 years. Households in Fairfield are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Fairfield work in a professional occupation.In 2021, 56.60% of the homes in Fairfield were owner-occupied compared with 54.40% in 2016.
Fairfield has 4,213 properties. Over the last 5 years, Houses in Fairfield have seen a -0.49% decrease in median value, while Units have seen a -6.85% decrease. As at 31 May 2026:
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