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627 High Street
Kew East VIC 3102
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Sold on 12 Apr 2022

627 High Street Kew East VIC 3102

  • Offices
  • 520 m²
  • Sold

KNOW OPPORTUNITY WHEN YOU SEE IT. - Under Offer

    POINT OF INTEREST:
    Private Sale by closing date Thursday 28th April at 3pm.

    A coveted office opportunity for the owner occupier, that is combined with rental income from an existing ground floor retail tenant providing you with positive cash flow while you operate your business.

    A prominent building spanning over three levels of well-designed space totaling 520sqm*, including a 198 sqm* ground floor retail/restaurant leased to the ‘Hooking Bar’, returning $86,000 net per annum. Moving on up, levels two and three total 322 sqm* of building area and provide a combination of partitioned offices, meeting rooms, open plan work areas, and business unit stations — all fitted with furniture.

    -    Prominent Commercial freehold. 
    -    520sqm* total building area.
    -    322sqm Offices offered with vacant possession.
    -    Ground floor leased $86,000 per annum.
    -    Fully leased potential $183,0000 per annum.
    -    252sqm* site area. 
    -    Commercial 1 zoning.
    -    Opportunity for the investor or owner occupier. 
    -    69 m* from 48 tram stop.
    -    116 m* from 302 and 304 bus stop.
    -    11 km* from Melbourne CBD.

    POINT OF VIEW:

    For those looking to not just get their foot in the door of Melbourne’s prestigious inner east but take it to the next (three) levels — this one is hiding in plain sight. 

    *Approx.
    Pricing excludes GST

    Property Highlights

    Date Sold12 Apr 2022
    Floor Area520 m²
    Land Area252 m²
    ParkingAsk Agent
    Property ID2017700498
    Category
    Last updated  20 Apr 2022
    Map for 627 High Street Kew East VIC 3102

    Property Highlights

    Date Sold12 Apr 2022
    Floor Area520 m²
    Land Area252 m²
    ParkingAsk Agent
    Property ID2017700498
    Category
    Last updated  20 Apr 2022
    18-20 Russell Street Melbourne VIC 3000

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