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171-173 High Street KEW, VIC 3101

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171-173 High Street KEW, VIC 3101

Kew

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Sold Check
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171-173 High Street KEW, VIC 3101

171-173 High Street KEW, VIC 3101

Properties / Sold / Victoria / Kew
Development Potential
Property Type
Commercial, Mixed Use
Land Area
283 m² (*approx)
Selling Method
SOLD:
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A FIRST CLASS FREEHOLD INVESTMENT

SOLD!

  • Strategically located in Kew Junctions Retail and Lifestyle precinct and adjacent a strong performing Woolworths Supermarket and Carpark

    • 2 ground floor retail shops plus separate first floor residence and onsite parking

    • Multiple income streams including ASX listed Flight Centre

    • Total Passing Income $164,113 pa plus outgoings

    • Site area 283sqm approx. including dual frontages to High Street and Athenaeum Place

    • Future development upside (STCA)

    • Kew is a highly desirable eastern suburbs location with solid demographic fundamentals and a median house price of $2,200,000 (realestate.com)

    • Kew Junction is a strong commercial office market and home on many local and national organizations and is benefiting from the growing medium density development around the retail core

    • Surrounded by a wide range of notable tenants including all major banks, Woolworths and Leos Supermarkets, Toscano’s, Bob Stewarts and many established local eateries.

    • Excellent off street parking

Remember to mention you found this property on DevelopmentReady

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Development Potential

Development Site Summary

Property Type
Commercial, Mixed Use
Land Area
283 m² (*approx)
Selling method
SOLD:

Development Site Highlights

A FIRST CLASS FREEHOLD INVESTMENT

SOLD!

  • Strategically located in Kew Junctions Retail and Lifestyle precinct and adjacent a strong performing Woolworths Supermarket and Carpark

    • 2 ground floor retail shops plus separate first floor residence and onsite parking

    • Multiple income streams including ASX listed Flight Centre

    • Total Passing Income $164,113 pa plus outgoings

    • Site area 283sqm approx. including dual frontages to High Street and Athenaeum Place

    • Future development upside (STCA)

    • Kew is a highly desirable eastern suburbs location with solid demographic fundamentals and a median house price of $2,200,000 (realestate.com)

    • Kew Junction is a strong commercial office market and home on many local and national organizations and is benefiting from the growing medium density development around the retail core

    • Surrounded by a wide range of notable tenants including all major banks, Woolworths and Leos Supermarkets, Toscano’s, Bob Stewarts and many established local eateries.

    • Excellent off street parking

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

Finance Calculator

171-173 High Street KEW, VIC 3101

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