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Walpole Hill, 4-14 Walpole Street
KEW, VIC 3101

Property Type
Retail
Building Area
1,296m2
Land Area
1,570m2
Zoning
Commercial 1

“Walpole Hill” – A Land Rich Investment In Kew

Fitzroys is delighted to offer “Walpole Hill”, a land rich investment with solid rental income and development upside (STPA), located at 4-14 Walpole Street Kew for sale via Expression of Interest closing Wednesday 30th August at 2pm

•  Positioned in the Kew Junction, a major retail commercial and lifestyle hub supporting an established catchment, the property is located nearby Toscano’s, major Banks Commonwealth Bank & ANZ Bank and opposite the entrance to Woolworths Supermarket
•  Leased to 10 separate tenancies on varying lease terms and currently returning in the order of $422,500* per annum plus GST and outgoings (as of 1st September 2023)
•  A significant corner site encompassing 1,570sqm* with generous frontages to Walpole and Walton Streets
•  Understated improvements totalling 1,296sqm* in area and comprising 10 ground level commercial tenancies
•  Roof top carpark offering 46 onsite carparks which are accessed off Walton Street
•  Within Kew Junction Activity Centre with allowable height of up to 18 metres (STCA)
•  Contained on 12 individual titles to be offered in “one line.”
•  Rare opportunity to secure a landmark property with an established cash flow and land bank opportunity with future re-development upside (STPA)


4-14 WALPOLE STREET KEW FOR SALE VIA EXPRESSION OF INTEREST CLOSING WEDNESDAY 30TH AUGUST AT 2PM.

*Approx.

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Consultant

David Bourke

M: 0407 705 755
E: bourked@fitzroys.com.au

Chris James

M: 0421 779 714
E: jamesc@fitzroys.com.au

Ben Liu 刘犇

M: 0433 188 722
E: liub@fitzroys.com.au

Property Type
Retail
Building Area
1,296m2
Land Area
1,570m2
Zoning
Commercial 1