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3 Malmsbury Street
Kew VIC 3101

Bedrooms: 19
Bathrooms: 6
Car spaces: -
Land area: 1664m2
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‘Ivy Grange’: a significant Kew landmark.

Inspections by private appointment only.
Unearth a world of potential with ‘Ivy Grange’: a historic Kew landmark sprawled across a huge 1,664sqm (approx.) block within easy walking distance of the buzzing Kew Junction.
Built in 1864 by prominent architect, Charles Vickers, whose other significant work includes Richmond Town Hall and the chapel at the former Pentridge Prison, it’s the chance of a lifetime to renovate a significant landmark property or secure a prized investment with the prospect of attractive returns.
Carrying the highest level of heritage overlay with its registration on the National Estate, few homes fulfil the classic credentials as much as this historically significant property, constructed from bluestone with distinctive cream brick accents.
Extended in 1877 to include a double storey tower that provides dramatic 360-degree views of the city skyline, glimpses of Port Phillip Bay and sweeping vistas towards the Macedon and Dandenong Ranges, the original floorplan of this grand and glorious 41-bedroom property has been substantially reconfigured over the years yet still retains a wealth of its timeless original features, including etched and hand-painted windows, marble fireplaces, servants’ bells, ceiling roses, panelled doors, cotton reel balustrading, plaster arches and vast cellaring.
Having enjoyed a successful history as a guest house for nearly four decades, Ivy Grange now invites those with a fresh vision to either restore this Kew icon to its former glory as an opulent family home, renovate the premises to continue as guest accommodation, capitalise on the large number of rooms and use the property as a medical clinic or transform it into a luxurious mansion apartment development (STCA).
Thanks to the wide scope of potential, the premises can also be used as a veterinary clinic, health services centre, childcare centre, high-end restaurant, accommodation for international students, an aged care facility and more!
Currently generating approximately $250k pa in rental income, the return for investors is considerable, with the possibility of even greater returns in the future.
An easy walk to Kew Junction’s popular shops, cafes and restaurants, bus and tram transport and Studley Park walking and cycling paths and moments to elite private schools, golf courses and the Eastern Freeway, this is an opportunity of a lifetime.
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Property Details for 3 Malmsbury St, Kew

3 Malmsbury St, Kew is a 19 bedroom, 6 bathroom House. The property has a land size of 1664m2. The place is currently for sale with Barry Plant - Doncaster East.

Building Type
House
Land Size
1664m2

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About Kew 3101

The size of Kew is approximately 10.5 square kilometres. It has 37 parks covering nearly 18% of total area. The population of Kew in 2011 was 23,876 people. By 2016 the population was 24,613 showing a population growth of 3.1% in the area during that time. The predominant age group in Kew is 20-29 years. Households in Kew are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Kew work in a professional occupation. In 2011, 68.6% of the homes in Kew were owner-occupied compared with 66.1% in 2016.

Kew has 13,765 properties. Over the last 5 years, Houses in Kew have seen a 9.01% increase in median value, while Units have seen a 12.52% increase. As at 31 October 2024:

  • The median value for Houses in Kew is $2,691,705 while the median value for Units is $865,326.
  • Houses have a median rent of $1,000 while Units have a median rent of $595.
There are currently 39 properties listed for sale, and 11 properties listed for rent in Kew on OnTheHouse. According to CoreLogic's data, 588 properties were sold in the past 12 months in Kew.

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Theo Politis
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Carmen Stenta
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Barry Plant - Doncaster East
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