3 Alan St 1,485 SF Retail Building Fairfield, NSW 2165 $1,566,400 ($1,054.52/SF) 4.73% Cap Rate

3 Alan Street, Fairfield presents a rare opportunity to acquire a mixed-use freehold property in the heart of one of Western Sydney’s most active growth corridors. Positioned on a highly sought-after street, this property combines immediate income with significant long-term upside through redevelopment potential.
Currently leased on a month-to-month basis to Royal Dental Care, the asset generates $104,000 per annum in holding income, with the tenant covering all outgoings. This flexible arrangement allows an incoming purchaser to either continue receiving income or reposition the property for future use.
The site spans 424 sqm and is zoned MU1 Mixed Use, offering a generous FSR of 3.5:1 and a height allowance of 38 metres, enabling a potential GFA of approximately 1,484 sqm. Located just a 4-minute walk from Fairfield Train Station and bus interchange, and within 5 minutes of Fairfield Forum Shopping Centre, the property benefits from excellent connectivity and strong surrounding amenities.
Offered for sale via Private Treaty at $2.2 million, this property is an exceptional opportunity for developers, investors, or owner-occupiers seeking a well-located asset with redevelopment potential in a high-growth precinct.