FOR SALE
$165,000

304/5-9 Studley Park Road
Kew VIC 3101

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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INVESTMENT ONLY Newly Renovated Service Apartment In The Centre Of Kew Returning $16,040 P.A.

Get ready to elevate your investment portfolio with this exceptional opportunity to own a serviced apartment in one of Kew's most sought-after locations! Positioned strategically at Kew Junction, this spacious studio apartment isn't just a property – it's a lucrative asset promising significant returns for astute investors!
Recently renovated to embody a sleek, modern aesthetic, this apartment exudes luxury and allure, making it an irresistible option for tenants seeking premium accommodation in a prime locale.
Situated right at the bustling Kew Junction, the advantages are endless. From a plethora of shopping and dining options mere steps away to seamless connectivity provided by the nearby bus and tram stop, this location guarantees consistent demand from occupants, ensuring steady rental income and maximising your return on investment.
Moreover, the property's proximity to key destinations such as Melbourne CBD, St Kilda, and Doncaster Shoppingtown enhances its appeal, promising capital appreciation over time and securing its position as a lucrative long-term asset in your investment portfolio.
But the benefits don't end there – investors will also appreciate the convenience of having prestigious private schools like Xavier College, Trinity Grammar, and Methodist Ladies College within walking distance. This proximity to quality education institutions attracts high-calibre occupants and adds intrinsic value to the property, making it a solid investment choice with strong potential for growth.
And let's not forget about the recreational perks! With Studley Park and the picturesque Yarra River just a leisurely stroll away, tenants can enjoy many outdoor activities, further enhancing the property's desirability and ensuring high tenant retention rates.
Don't let this golden opportunity slip through your fingers! Invest in the future and reap the rewards of owning a prime serviced apartment in the vibrant heart of Kew. Secure your financial success today!
The lease expires on 30 April 2035
IF YOU LIKE TO SUBMIT AN OFFER, YOU CAN DO SO HERE: https://www.realestatebestoffer.com.au/304-5-9-studley-park-road-kew
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Property Details for 304/5-9 Studley Park Rd, Kew

304/5-9 Studley Park Rd, Kew is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with Scott Banks.

Building Type
Apartment

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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 13,861 properties.

    There are currently 38 properties listed for sale, and 15 properties listed for rent in Kew on OnTheHouse. According to CoreLogic's data, 578 properties were sold in the past 12 months in Kew.

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