Walpole Hill, 4-14 Walpole Street,
Kew, VIC 3101
Shops & Retail • Development Sites & Land
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Fitzroys - Melbourne
Level 27, 360 Collins StreetMELBOURNE, VIC 3000
Walpole Hill, 4-14 Walpole Street
Kew, VIC 3101
Map of Walpole Hill, 4-14 Walpole Street
“Walpole Hill” – A Land Rich Investment In Kew
- 1,570sqm Kew Junction Land Holding
- Returning $422,500 pa+ GST + Outgoings
- Major Redevelopment Potential In Future
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.
- 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.
Property ID: 504382728Last Updated: 30 Oct 2023
Fitzroys - MelbourneLevel 27, 360 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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602-604 High Street,Kew, VIC 3101 180 m²Shops & Retail • Offices • Development Sites & Land