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5 Railway Place, Fairfield, Vic 3078-Image

5 Railway Place, Fairfield, Vic 3078

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Published on Wednesday, August 12, 2026 ( See property details for 5 Railway Place, Fairfield, Vic 3078)

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Antony Woodley - Real Estate Agent - Jellis Craig - Fitzroy

Antony Woodley Partner, Licensed Estate Agent, Auctioneer

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile dual-dwelling property in the heart of Fairfield Village offering excellent potential for income, redevelopment, or combined living.

🏡 Property Highlights

Dual dwellings on one title with separate utility billing and council rates
Prime Fairfield Village location surrounded by cafes, shops, and restaurants
Close proximity to Fairfield Station and train services
Versatile property with scope for commercial, residential, or redevelopment (STCA)
Large approximately 406 sqm allotment with attractive rear garden
Potential for dual-income or combined spacious tenancy

✨ Key Features

Split-System Heating and Cooling
Double Glazing
Separate Shopfront Entrance
Flexible Office/Bedroom Spaces
Kitchenette
Bathroom
Rear Garden Access
Vacant Possession
Large Rear Garden
Approximately 406 sqm Allotment

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5 Railway Place

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Suburb and Property Insights of Fairfield, VIC 3078

Fairfield is a vibrant suburb renowned for its lively village atmosphere, diverse dining options, and excellent transport links. It offers proximity to parkland, the Yarra River, and community facilities, making it ideal for families and professionals alike. The area boasts a mix of historic and modern homes, with strong local amenities and a thriving commercial precinct. Its accessibility to Melbourne’s CBD via train and freeway ensures convenient commuting. Fairfield’s dynamic lifestyle and ongoing development make it a highly sought-after location for both living and investment.

Frequently Asked Questions

Can the two dwellings be combined into a single residence?

Yes, there is scope to combine the two dwellings into one larger residence, subject to council approval and relevant planning permissions.

What are the redevelopment options for this property?

The property offers potential for redevelopment, including commercial, residential, or mixed-use projects, subject to STCA and local zoning regulations.

Is there parking available on the property?

The property benefits from proximity to Fairfield Station and nearby unrestricted parking, but specific on-site parking arrangements are not detailed.

Are there any restrictions or covenants on the property?

The property is zoned Commercial 1 and is subject to local planning regulations; further details should be confirmed with the local council.

What is the condition of the property’s infrastructure?

The property features double glazing and split-system heating and cooling, with well-maintained interiors suitable for immediate use or renovation.

What to ask about this property to agent?

Are there any existing planning or development restrictions that could affect future modifications? What are the current council rates and utility costs for each dwelling? Are there any easements, zoning restrictions, or covenants that limit redevelopment options? Has the property experienced any flooding or bushfire risks in the past? Are there any ongoing or upcoming construction projects nearby that could impact the property’s value or enjoyment?

5 Railway Place, Fairfield, Vic 3078 - More Details

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A wide double shopfront profile in a dynamic Fairfield Village location creates a captivating first impression, with this single-level property comprising two separate dwellings on one title in a Commercial 1 zone. Surrounded by cafés, restaurants and shops and only moments from the train station, 5 & 5A Railway Place occupies a highly visible and convenient position. Each dwelling has separate utility billing and council rates, while the property offers rare size and scope on an approximately 406 sqm allotment with a large, attractive rear garden. Offered with vacant possession, this versatile multi-room property features double glazing and split-system heating and cooling, presenting dual-income potential while also offering scope to combine the dwellings into one extra-spacious tenancy. Number 5 includes a side portico entrance, separate shopfront entrance, two flexible offices/bedrooms, sitting room, kitchenette, bathroom, separate staff and client toilets and rear garden access. Number 5A offers a separate shopfront entrance, flexible office/bedroom, kitchenette and bathroom. Surrounded by the best of Northside and only meters to vibrant Fairfield Village, this tightly held and perfectly maintained property is offered for the first time in over 20 years, presenting buyers with ambition and vision myriad commercial, residential, mixed-use and redevelopment options (STCA). Directly opposite Fairfield Station and its car park with 64 unrestricted spaces, it is zoned for Northcote High School and only minutes from the primary school, Fairfield Boathouse, Yarra River parkland and nature trails, Northcote Aquatic & Recreation Centre, Westgarth Cinema, High Street restaurants and shopping, Heidelberg’s Austin Hospital and the Eastern Freeway.

Type: House
Bedrooms: 3
Bathrooms: 1

Price guide

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