Auction: 17/05/2018 1:00 PM

171-173 High Street
KEW, VIC 3101

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Property Description

A First Class Freehold Investment

  • 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
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Consultant

Chris James

M: 0421 779 714
E: jamesc@fitzroys.com.au

David Bourke

M: 0407 705 755
E: bourked@fitzroys.com.au

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Property Information

Property ID
115952

Price
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Building
332.00m2