SOLD
Sold on 18 Jul 2024 for $1,550,000

12 Parkhill Road
Kew VIC 3101

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 371m2
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Property Details for 12 Parkhill Rd, Kew

Building Type
Commercial
Land Size
371m2
Local Government
Boroondara
Lot/Plan
1/TP615656

Last Listing description (April 2022)

Gorman Commercial present for lease, 12 Parkhill Road, Kew.

A well presented, standalone office buildlng that enjoys plenty of natural light.

**REFURBISHMENT WORKS UNDERWAY**

Key features of the opportunity include:

* Building area: 185sqm (approx.)
* Four (4) parking bays
* Self-contained premises
* Access via R.O.W.

The property is located off of High Street, Kew, opposite the Kew Recreation Centre. A short walk away lies the specialty stores, cafes and restaurents of High Street. The area is well serviced by public transport in the form of Tram and Bus. Approximately 8km from the CBD and easy access to Eastern Freeway via Chandler Highway.

Property History for 12 Parkhill Rd, Kew, VIC 3101

A timeline of how this property has performed in the market
Last Sold
$1,550,000
18 Jul 2024
Listed for Rent
$1.44k/w
13 Apr 2022
  • 18 Jul 2024
    Sold for $1,550,000
  • 13 Nov 2020
    Listed for Rent - Price not available
  • 28 Jul 2011
    Sold for $1,205,000
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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 13,771 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, 580 properties were sold in the past 12 months in Kew.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.