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16 Peel Street Kew, VIC 3101

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16 Peel Street,
Kew, VIC 3101

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Vacant site of 1283sqm with 173 agreement

This spectacular vacant site represents an opportunity of un-paralleled scale and scope in an elevated, central setting literally moments from Kew Junction, within easy reach of the city and close to all the schools that give the area such a great reputation. Leased as a public car park to Boroondara City Council until 18th March 2016, currently returning $138,000 per annum, this outstanding allotment is categorized General Residential Zone – Schedule 3 with 173 Agreement in place. Significant development options including multi townhouse construction, high density apartment concepts or commercial applications such as medical premises, child care or aged accommodation can be considered, STCA, illustrating the exceptional possibilities provided by this landmark site.

Kew, 3101 demographic data

The median household income for Kew is $2,497, 31% higher than Greater Melbourne's household income of $1,901. Kew has an older age profile compared to the rest of Greater Melbourne (median age 41 vs 37). Property ownership data shows 41% of property owners in Kew have a mortgage.

24,499
Population
$2,497 per week
Median household income
41 years
Median age
Owners
Most residents
Families
Most households
03 9810 50...
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16 Peel Street
Kew, VIC 3101
Jellis Craig & Company Pty Ltd - HAWTHORN
Balwyn 3103 Glen Iris 3146
HAWTHORN, VIC 3122

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