SOLD
Sold on 27 Jul 2023 for $18,700,000

85-87 High Street S
Kew VIC 3101

Bedrooms: -
Bathrooms: -
Car spaces: 65
Land area: 1847m2
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Sold By
Frank Vinci
Vinci Carbone Property
Joseph Carbone
Vinci Carbone Property
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Property Details for 85-87 High St S, Kew

Building Type
Commercial
Land Size
1847m2
Local Government
Boroondara
Lot/Plan
CP169416

Last Listing description (July 2023)

Vinci Carbone and Gorman Allard Shelton are privileged to be able to offer for sale this rare and unique opportunity to acquire a trophy office building positioned in one of Melbournes most affluent suburbs - Kew.

85-87 High Street, Kew comprises a modern part three level office building of 2,286 sqm* plus secure basement parking for 65 cars, perfectly positioned on the western side of High Street and only metres from the Kew Junction.


In addition the propertyis offered with Planning Approval which allows for the development of a ten (10) level building above a three (3) level basement accommodating 118 apartments plus cafe and office suite. Rarely can you secure a prime development site in this highly desirable and prestigious suburb of Melbourne.

Key highlights:

Building Area: 2,286 sqm* plus 65 car spaces
Site Area: 1,840 sqm*, Commercial 1 zone
49 m* prominent frontage to High Street
Planning Approval for 10 level building incorporating 118 apartments plus cafe and office suite
NABERS Energy Rating: 3 Stars
Ideal for Owner Occupiers or Developers
Potential fully leased market rent: $1,082,000per annum net plus GST


Kew Junction and the immediate area is well renowned for a wide array of retail and food offerings including Woolworths, Toscanos & Leos Supermarket, plus there are trams and buses servicing the area, and some of Melbournes finest private schools are within close proximity.

For Private Sale.

For further information or to arrange an inspection of the property please contact a member of the sales team below:

Vinci Carbone
Joseph Carbone | 0418 351 316
Frank Vinci | 0418 375 375

Gorman Allard Shelton
Peter Bremner | 0412 326 942
Tom Maule | 0401 636 049
Jonathon McCormack | 0418 835 885

*approx.

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Property History for 85-87 High St S, Kew, VIC 3101

A timeline of how this property has performed in the market
Last Sold
$18,700,000
27 Jul 2023
Listed for Rent
15 Jul 2015
  • 27 Jul 2023
    Sold for $18,700,000
  • 02 Mar 2023
    Listed for Sale Contact Agent
  • 15 Apr 2015
    Listed for Rent - Price not available
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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 13,860 properties.

    There are currently 38 properties listed for sale, and 20 properties listed for rent in Kew on OnTheHouse. According to CoreLogic's data, 577 properties were sold in the past 12 months in Kew.

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