SOLD
Sold on 14 Aug 2024 for $1,090,000

771 High Street
Kew East VIC 3102

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 260m2
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Sold By
Nelson Alexander Kew
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Property Details for 771 High St, Kew East

Building Type
Commercial
Year Built
2011
Land Size
260m2
Local Government
Boroondara
Lot/Plan
1/PS733953

Last Listing description (August 2024)

Stunning Mixed-Use Property: Freshly Renovated Commercial and Residential Space

Prime mixed-use property with commercial and residential spaces.
Est. income per annum: $40,000 - $45,000 + gst

GST not applicable*
Bustling commercial area at the front with high visibility and accessibility.

Harcourts Judd White is delighted to present an exceptional opportunity with the offering of 771 High Street Road, Kew East. This prime property is offered for sale by set date, with a closing time of 4:00 PM on13th of August, Tuesday (unless sold prior). Don't miss the chance to secure a valuable asset in a sought-after location. For further details or to arrange a viewing, please don't hesitate to contact us.

Key features include:

Freshly renovated single-level space.
Expansive glass display windows and elegant timber parquetry flooring in the commercial area.
3.7-meter-high ceilings create a grand atmosphere in the commercial space.
Private area with a carpeted bedroom, shower, toilet, and split system heating & cooling.
Residential area features high-quality finishes, bamboo timber flooring, and 2.9-meter ceilings.
Family-sized European kitchen with stone benches, glass splashbacks, and glossy cabinetry.
North-facing balcony and patio for outdoor dining and relaxation.
Tram Route 48 at your doorstep offers a convenient direct connection to Melbourne CBD.
Easy access to cafes, tram stop, Hays Paddock, Anniversary Trail, and proximity to top schools and essential amenities.

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Property History for 771 High St, Kew East, VIC 3102

A timeline of how this property has performed in the market
Last Sold
$1,090,000
14 Aug 2024
  • 14 Aug 2024
    Sold for $1,090,000
  • 10 Jul 2024
    Listed for Sale Close of Offers Tuesday 13th August

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About Kew East 3102

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. Over the last 5 years, Houses in Kew East have seen a 17.74% increase in median value, while Units have seen a -0.41% decrease. As at 30 November 2024:

  • The median value for Houses in Kew East is $2,131,661 while the median value for Units is $857,070.
  • Houses have a median rent of $895 while Units have a median rent of $550.
There are currently 4 properties listed for sale, and 2 properties listed for rent in Kew east on OnTheHouse. According to CoreLogic's data, 137 properties were sold in the past 12 months in Kew east.

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