1-6/11 Clyde St, Kew East is a 12 bedroom, 6 bathroom Unit with 6 parking spaces. The property has a land size of 836m2.
Inspection via private appointment
A truly unique opportunity has become available to secure a meticulously maintained block of six generously sized apartments in an unbeatable pocket of Kew East. Selling as one block, all apartments are securely leased with a total annual return of approx. $108K.
Larger than most in the market and with an abundance of space, light-filled interiors and immense lifestyle appeal, each apartment enjoys:
- Two bedrooms with BIRs
- Spacious living area
- Well-equipped kitchen and meals gas appliances,
- Central bathroom with shower/bath combination with separate WC
- Separate laundry with sunny courtyard access
- Split system heating/cooling
- Secure car port parking for one car on title
Local convenience couldn't be easier! Superbly located nearby to prestigious schools, parklands a plenty, plus a short stroll to High Street & Harp Road cafes, eateries and transport and easy access to the Eastern Freeway straight into the Melbourne CBD. Investors seeking instant returns and future growth will quickly recognise the immense potential with plenty of scope for cosmetic refurbishment when the time is right. A rare and exclusive offering not to be missed!
The size of Kew East is approximately 4 square kilometres. It has 12 parks covering nearly 37.3% of total area. The population of Kew East in 2011 was 6,017 people. By 2016 the population was 6,654 showing a population growth of 10.6% in the area during that time. The predominant age group in Kew East is 40-49 years. Households in Kew East are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Kew East work in a professional occupation. In 2011, 73.4% of the homes in Kew East were owner-occupied compared with 74.2% in 2016.
Kew East has 3,320 properties. Over the last 5 years, Houses in Kew East have seen a 19.21% increase in median value, while Units have seen a 1.12% increase. As at 31 October 2024:
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