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Overview
Suite 507/89 High Street, Kew VIC 3101
This exceptional commercial property is located in one of Melbourne's most sought-after precincts, Kew, offering a prime investment opportunity. The fully self-contained office space is bathed in natural light and has been leased to a long-term tenant since approximately 2013, ensuring a stable and reliable income stream. The property also presents an attractive option for owner-occupiers seeking a functional and well-positioned office.
The premises feature a bright and practical layout comprising an entry foyer and three private offices. Tenants have access to shared kitchenette and bathroom facilities, enhancing convenience. The presence of a popular café on the ground floor adds to the appeal and accessibility of the location.
Key features of this property include its Commercial 1 zoning (C1Z), approximately 38 square meters of functional floor space, and a high-quality tenant with proven stability. The current rental income is approximately $14,256 per annum plus GST and outgoings, reflecting an attractive return on investment. The office layout is designed to maximize usability with three distinct office areas, complemented by abundant natural light throughout the space.
Situated in a premier location with excellent access to public transport, this property represents an outstanding opportunity for astute investors seeking a secure and long-term investment in a tightly held commercial area. The combination of tenant longevity, prime location, and functional office design makes this a rare offering in the Kew commercial market.
Overall, this property is highly recommended for investors looking for a secure income stream or owner-occupiers desiring a well-located office space with flexible usage options. Opportunities of this calibre in Kew are uncommon, making this an investment not to be missed.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Kew VIC 3101
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 38 m² |
Market Insights for Kew VIC 3101
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