SOLD
Sold on 30 Aug 2024 for $176,000

311/1 Princess Street
Kew VIC 3101

Bedrooms: -
Bathrooms: -
Car spaces: -
Sold By
Peter Markovic Real Estate - Rental
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Property Details for 311/1 Princess St, Kew

Building Type
Commercial
Local Government
Boroondara
Lot/Plan
311/PS343088

Last Listing description (November 2024)

PROPERTY OVERVIEW >> $575pw - Price incl. Perfectly positioned, right in the heart of Kews business district, is this well-presented office suite, blessed with great natural light. Close to transport, public carparks nearby and include one secured car space on site. This premium office suite is perfect for any small team looking for professional environment. It contains Two separate Offices, Meeting Room, Reception Area and secured carapace. Custom-Built Furniture including 3 Office Chairs and 2 Desks, Meeting Table, Cocktail Cabinet with Fridge, 2 Visitor Chairs with Lamp and Lamp Stand, Shelving/Bookcases, Cupboards/Filing Cabinet/ 3 Mobile Storage Units, Multi-function Centre and other.1 Princess Street in the vibrant suburb of KEW, VIC, stands out as an exceptional A Grade building designed for todays dynamic business landscape. Spanning seven floors, this state-of-the-art facility ensures that businesses have access to all the necessary tools for productivity and growth.This premier workspace offers high-speed fibre internet, making connectivity seamless. Additional features including 24/7 access, administration support, a balcony/outdoor area, and meeting rooms ensure that everything you need is right at your fingertips. Additionally, telephone answering services and storage facilities provide essential support to streamline operations, fostering an efficient work environment.Shared Facilities withing the building: Kitchen Areas, Recently Renovated Bathrooms on Each Level, Gym and Sauna with Showers, Lift Access.Surrounding Amenities: Axil Coffee Roasters Kew - Perfect for a morning coffee or casual lunch meeting, Clifton Hotel: A great spot for after-work drinks or client dinners, The Skinny Dog Hotel: Ideal for casual dining and social gatherings and other. The listing below is only $575 per week ($2500 p/month), perfect for a team of 4 and comes fully furnished with flexible rental terms. The location is very central as the workspace is only a 1 min walk from Kew Junction bus stop. This Private Office is located in KEW and if you book a tour Kolev Smsf can show you 2 available office spaces ranging in size from 1 to 4 desks. Did you know our team offer a free personalised service to help you shortlist, book and negotiate the best rate on your ideal workspace. From a 1 person hot desk to an enterprise team of 1000+ the Office Hub team can customise a flexible furnished office solution for your team.Who is Office Hub?Office Hub is the world's No.1 marketplace for office space.We have a huge global selection of coworking spaces, serviced offices and shared office spaces with flexible options to suit teams from 1-200 people. We\'ll take you on a tour of all the workspaces that fit your needs and work on your behalf to get the best price possible. We\'ll help you discover how shared office space can be the most beneficial and budget-friendly solution for your business.www.office-hub.com** Conditions apply the advertised price includes any incentives offered based on a 12-month agreement and is available to new tenants only. Please note that the rental rate may increase for a shorter rental period. A portion of the square meterage factors in access to shared space.

Property History for 311/1 Princess St, Kew, VIC 3101

A timeline of how this property has performed in the market
Last Sold
$176,000
30 Aug 2024
  • 25 Oct 2024
    Listed for Rent - Price not available
  • 30 Aug 2024
    Sold for $176,000
  • 25 Jun 2024
    Listed for Sale Contact Agent
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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 13,875 properties. Over the last 5 years, Houses in Kew have seen a 8.28% increase in median value, while Units have seen a 4.68% increase. As at 31 December 2024:

  • The median value for Houses in Kew is $2,770,958 while the median value for Units is $856,759.
  • Houses have a median rent of $990 while Units have a median rent of $595.
There are currently 29 properties listed for sale, and 13 properties listed for rent in Kew on OnTheHouse. According to CoreLogic's data, 638 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.