PRIME POTENTIAL AND POSSIBILITY

EOI – Vacant Possession - 633-635 High Street, Kew East

Development/Land (Retail, Offices), Offices, Retail

Overview

Property ID: 18496
Price: Contact Agent
Building: 40m²
Land: 479m²
Zoning: Commercial 1 Zone (C1Z)
EOI
06/05/2021 12:00 PM
Add to Calendar 06/05/2021 12:00 PM 06/05/2021 12:00 PM Australia/Melbourne EOI – Vacant Possession - 633-635 High Street, Kew East PRIME POTENTIAL AND POSSIBILITY Stan Dawidowski stan.dawidowski@cva.melbourne false DD/MM/YYYY akKqZLDfczNDwEvbmmHA24960

Description

POINT OF INTEREST:

This unique investment/ future development opportunity with Commercial 1 Zoning is for sale via Expressions of Interest, closing 6th of May at 12:00pm. The retail space is currently tenanted to Funky Fillings Café, which has been a key feature of this area for years. The property boasts an alfresco area at the rear, a grass backyard area which can be used as a private carpark, plus ease of connection to all of Melbourne thanks to its location. Perfectly positioned along one of Kew East’s most active strips of commercial real estate, just 2.1 km* to the Eastern Freeway and 7.7 km* from the CBD, you’re centrally located to all who call the inner east home.

- Total land area of 479 sqm*.
- Total building area of 40 sqm*.
- Currently tenanted by Funky Fillings Café providing $15,684 per annum in rent.
- Parking available at rear of property and along High Street.
- Tram route 48 along High Street, connecting North Balwyn and the Docklands.

POINT OF VIEW:

The only landbank with more untapped potential in the inner east is the course at Yarra Bend. And that isn’t up for development any time soon.

*Approx.
Pricing excludes GST

Additional Info

Features
AvailabilitySubject to a lease
Car SpacesRear yard
Permits Issuedno
Suitable DevelopmentRetail/Office STCA
Wheel Chair AccessN/A
ZoningCommercial 1 Zone (C1Z)
Outgoings
Owners’ CorporationInsurance $1,482.00
Council Rates$3,631.00 per annum
Water Rates$1,400.00 approx per annum
Land Tax$6,415.00 per annum (single holding)

Agent Details

Ask About The Property


×

×

Send To A Friend


×