“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.