24/44 Sparks Avenue, Fairfield, VIC 3078 | Property Value & History | OnTheHouse
OFF MARKET

24/44 Sparks Avenue
Fairfield VIC 3078

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 133m2
Land area: 176m2
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Property Details for 24/44 Sparks Ave, Fairfield

Building Type
Commercial
Floor Size
133m2
Land Size
176m2
Local Government
Darebin
Lot/Plan
24/PS645488

Last Listing description (November 2020)

ICR Property Group are delighted to exclusively bring to the market For Sale, Unit 24, 44 Sparks Avenue, Fairfield.

This tenanted clear span, modern warehouse currently returns a NET rental of $27,040 p.a.* and is located in the heart of Fairfield.


Situated in a fantastic location, a short drive away brings you to the Station Street retail strip amenities, Fairfield train station and the Eastern Freeway.

Key Asset features:
- Building area: 171 sqm*
- Current NET rental: $27,040 p.a.*
- Option: Two (2) years - Exercised - Comm. Date 14th Nov 2020
- Nil Further Options
- Clear span warehouse
- Roller shutter door: h 3.6m x w 4.3m*
- Internal spring height: 7.2m-7.7m*
- Two (2) allocated on-site car spaces
- Large internal driveway access
- Disabled sized bathroom
- Sliding remote gated access
- Industrial 3 Zone

Location:
- Station Street Retail Strip 650ms*
- Fairfield Train Station 1.6 kms*
- Fairfield Boathouse & Tea Gardens 3.4 kms*
- Eastern Freeway 3.5 kms*
- Northland Shopping Centre: 4.7 kms*
- Melbourne CBD 6 kms*
*Approx.

If you would like to organise a private inspection or to discuss this property in more detail, please contact one of ICR's Exclusive Sales Agents below:

Julian Materia - 0498 188 011
Troy Crouch - 0411 727 095

***Note on Private Inspections***

ICR Property Group are committed to providing a safe environment for you and our clients, as well as a safe working environment for our colleagues.

Due to the current Covid-19 restrictions, ICR are now conducting inspections by private appointment only.

We ask for your assistance during these private inspections to adhere to the social distancing rules and refrain from touching any surfaces. Should you wish to see the functionality of any devices, please ask the accompanying agent.

Please do not request an inspection if:
- You have a high temperature/fever, coughing, sore throat or shortness of breath
- You have encountered someone experiencing flu-like symptoms
- You have returned from overseas in the past two weeks
- You have been in contact with someone who has been diagnosed with Covid-19

Thank you for your patience. Together we can help slow the spread of Covid-19 within our community.

Looking to Sell, Lease or Develop your Property? Contact ICR Property Group, the experts in Commercial Real Estate for over 20 years.

Property History for 24/44 Sparks Ave, Fairfield, VIC 3078

A timeline of how this property has performed in the market
Last Sold
$670,000
22 May 2020
Listed for Rent
$508/w
07 Jan 2019
  • 22 May 2020
    Sold for $670,000
  • 07 May 2020
    Listed for Sale CONTACT AGENT
  • 03 Oct 2018
    Listed for Rent - Price not available
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About Fairfield 3078

The size of Fairfield is approximately 3.5 square kilometres. It has 22 parks covering nearly 43.5% of 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 4,218 properties. Over the last 5 years, Houses in Fairfield have seen a 23.39% increase in median value, while Units have seen a 8.73% increase. As at 30 November 2025:

  • The median value for Houses in Fairfield is $1,927,353 while the median value for Units is $642,695.
  • Houses have a median rent of $650 while Units have a median rent of $475.
There are currently 3 properties listed for sale, and 5 properties listed for rent in Fairfield on OnTheHouse. According to Cotality's data, 196 properties were sold in the past 12 months in Fairfield.

Suburb Insights for Fairfield 3078

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.