171-173 High Street KEW, VIC 3101

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SOLD

171-173 High Street KEW, VIC 3101

171-173 High Street KEW, VIC 3101

Properties / Sold / Victoria / Kew

Development Potential

1. Property Summary

Property Type

Commercial, Mixed Use

Land Area

283 m² (*approx)

Selling Method

SOLD:

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2. Property 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

1. Property Summary

Property Type

Commercial, Mixed Use

Land Area

283 m² (*approx)

Selling method

SOLD:

2. Property 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

Development Potential

David Bourke

David Bourke

+61 *** *** *** show +61 407 705 755

Chris James

Chris James

+61 *** *** *** show +61 421 779 714

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