1-6/65 Westbrook St, Kew East is a 12 bedroom, 6 bathroom Unit with 6 parking spaces.
A truly unique opportunity has become available to secure a block of six generously sized apartments on approx. 836sqm of land in an unbeatable pocket of Kew East. Selling as one block, all apartments are leased with a total annual return of approx. $102K with scope to increase yield.
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
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.
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