Property Type
Retail
Retail
Building Area
1,296m2
1,296m2
Land Area
1,570m2
1,570m2
Zoning
Commercial 1
Commercial 1
“Walpole Hill” – A Land Rich Investment In Kew
Fitzroys is delighted to offer “Walpole Hill”, a land rich investment with solid rental income and development upside (STPA), located at 4-14 Walpole Street Kew for sale via Expression of Interest closing Wednesday 30th August at 2pm
- Positioned in the Kew Junction, a major retail commercial and lifestyle hub supporting an established catchment, the property is located nearby Toscano’s, major Banks Commonwealth Bank & ANZ Bank and opposite the entrance to Woolworths Supermarket
- Leased to 10 separate tenancies on varying lease terms and currently returning in the order of $422,500* per annum plus GST and outgoings (as of 1st September 2023)
- A significant corner site encompassing 1,570sqm* with generous frontages to Walpole and Walton Streets
- Understated improvements totalling 1,296sqm* in area and comprising 10 ground level commercial tenancies
- Roof top carpark offering 46 onsite carparks which are accessed off Walton Street
- Within Kew Junction Activity Centre with allowable height of up to 18 metres (STCA)
- Contained on 12 individual titles to be offered in “one line.”
- Rare opportunity to secure a landmark property with an established cash flow and land bank opportunity with future re-development upside (STPA)
4-14 WALPOLE STREET KEW FOR SALE VIA EXPRESSION OF INTEREST CLOSING WEDNESDAY 30TH AUGUST AT 2PM.
*Approx.
Consultant
David Bourke
M: 0407 705 755
E: bourked@fitzroys.com.au
Chris James
M: 0421 779 714
E: jamesc@fitzroys.com.au
Ben Liu 刘犇
M: 0433 188 722
E: liub@fitzroys.com.au
Property Type
Retail
Retail
Building Area
1,296m2
1,296m2
Land Area
1,570m2
1,570m2
Zoning
Commercial 1
Commercial 1