SOLD
Sold on 29 Feb 2024 for $231,000

306/1 Princess Street
Kew VIC 3101

Bedrooms: 1
Bathrooms: -
Car spaces: 1
Land area: 44m2
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Property Details for 306/1 Princess St, Kew

Building Type
Commercial
Land Size
44m2
Local Government
Boroondara
Lot/Plan
306/PS343088

Last Listing description (March 2024)

Positioned right in the heart of Kew Junction, is this idyllic multi office suite.
Great potential to be an office share with a good size reception room, 2 large consulting rooms, an office/storage area and prized car space.

"Princess Tower" is popular with consulting firms and general order of business.
The exclusive complex features corporate design throughout, bathrooms on each level, climate control heating/cooling, kitchen facilities, boardroom, convenient lift access, gym and sauna.
Located only 15 minutes from Melbournes CBD and close to the delights of Kew's popular cafes, restaurants, bars, boutique shopping, public transport, galleries and parkland.
The space is just perfect for your business or ideal rental investment.

Property History for 306/1 Princess St, Kew, VIC 3101

A timeline of how this property has performed in the market
Last Sold
$231,000
29 Feb 2024
  • 29 Feb 2024
    Sold for $231,000
  • 26 Jul 2023
    Listed for Sale Contact the agent
  • 12 Apr 2006
    Sold for $140,000
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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 13,767 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.

Suburb Insights for Kew 3101

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Contact agent
Antonio Lorusso
Show contact details
Peter Markovic Real Estate
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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.