565 High St, Kew East is a 3 bedroom, 1 bathroom House. The property has a land size of 580m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Kew East in the last 12 months.
This immaculately maintained original home is currently in use as an established medical consulting practice. In a premier location with an appealing parkland outlook and accessed via the North Balwyn to Docklands tram, future options include an on-going lease with the current tenant, a new business venture in the medical or related field, modernisation as a family home or potential for redevelopment (STCA) with General Residential Schedule 5 zoning.
Leased until June 2025 at $57,156 excl. GST p.a., the property comprises consulting rooms, office space, waiting room and kitchen and bathroom facilities, all in immaculately maintained condition plus pristine period features and off-street parking.
Zoned for Kew High School, with Kew East Primary and St Annes Primary within easy walking distance. The CBD and Docklands tram at the front door also accesses private schools, Kew and Harp Junction restaurants, cafes and a multitude of retail options. Across the road the picturesque Victoria Park, Kew Cricket Ground, Kew Croquet Club, Kew Tennis Club, walking path and playground entice families of all ages.
* General Residential Zone Schedule 5
* Redevelopment potential (STCA)
* Premier position opposite Victoria Park
* City tram at the front door
* Medical consulting practice
* Leased until June 2025
* On-going rental potential
* Modernise as a family home
Terms: 10% deposit, balance 60 days
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 3,331 properties.
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