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  • 830 - 832 High Street & 1401 Burke Road, Kew East VIC 3102
Sold on 5 Jun 2019

830 - 832 High Street & 1401 Burke Road Kew East VIC 3102

  • Offices
  • Floor Size3,520 m²
  • PriceSold

An Irreplaceable Investment with Significant Development Upside

  • Four standalone office buildings
  • Significant rent reversion upside
  • Irreplaceable land holding

Knight Frank Metropolitan Investments is delighted to offer for sale by Expressions of Interest this outstanding inner eastern office investment that provides substantial longer-term development potential (STCA).

Kew Corporate Centre, located at 830 832 High Street and 1401 Burke Road, Kew East offers a considerable land holding of 4,864 sqm with two prominent street frontages. The site comprises of four (4) office buildings offering a net lettable area of 3,520 sqm.

Key features of this outstanding offering include:
92% leased with estimated fully leased net income of $823,745 per annum(approx.)
An irreplaceable land holding of 4,864 sqm* in a prime inner eastern location
Substantial development upside including but not limited to Office (Strata & Leasehold), Aged Care, Residential, Hotel, Retail (STCA)
Four (4) Standalone office buildings with a net lettable area of 3,520 sqm* with 111 car spaces
Staggered lease expiry offering immediate rental reversion upside
Dual frontage to major arterial roads in High Street and Burke Road
Surrounded by some of Melbournes premier suburbs with median house prices ranging from $1.6 - $2.5 million

Located less than 1km from Kew Corporate Centre is the Harp Village Retail precinct with Kew Junction and Camberwell Junction retail precincts both less than 3kms away. The property is well serviced by public transport with Bus and Tram services running directly in front of the property. In addition the property benefits from access in both directions of the Eastern Freeway less than 1km away.

Expressions of Interest closing Thursday 23 May 2019 at 3pm

For further information or to arrange an inspection please contact exclusive marketing agents.

EXPRESSION OF INTEREST

Closing date and timeAsk Agent
Recipient nameAsk Agent
Delivery addressAsk Agent

Property Highlights

Property ID2015179311
Date Sold5 Jun 2019
Floor Area3,520 m²
Land Area4,864 m²
EnergyAsk Agent
ParkingAsk Agent
Category
Last updated  9 May 2019
Map for 830 - 832 High Street & 1401 Burke Road Kew East VIC 3102
Knight Frank Eastern Office
Level 3, 10 Nexus Court Mulgrave VIC 3170

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