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Gorman Commercial Real Estate

7 Fenton Way Kew, VIC 3101

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7 Fenton Way,
Kew, VIC 3101

Shops & Retail

Key property information

Floor area

Parking info

Zoning

Tenure type

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Gorman Commercial Real Estate
Nathan May
Dean Alexander

Gorman Commercial Real Estate

L1 /415 Riversdale Road
HAWTHORN EAST, VIC 3123
Gorman Commercial Real Estate
7 Fenton Way
Kew, VIC 3101

Map of 7 Fenton Way

Directions

AFFORDABLE KEW FREEHOLD INVESTMENT

  • Entry-level investment
  • New 5-year lease to experienced operator
  • Central blue-chip Kew location
Gorman Allard Shelton is pleased to offer this outstanding opportunity for either an astute or entry-level investor to acquire this corner freehold leased to an experienced hospitality operator.

Auction: Thursday 1st September 2022 at 12 noon on-site

Key property attributes comprise:

* New 5-year lease (commencement 2nd June 2022)
* Income: $22,000 pa + GST + outgoings
* Leased to experienced hospitality operator
* Commercial 1 zoning

Outstanding central location just off High Street near the Kew Junction abutting a large council car park.

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

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