Sold
Whole Block of Flats + Value Add Permit for 4 Additional Units
21 Gladstone Street, Kew VIC

Stonebridge Property Group are pleased to present for sale 21 Gladstone Street, Kew.

  • The ideal investment opportunity to purchase a whole block of eight (8) oversized 2-bedroom Kew flats that are fully-leased and present a clear refurbishment angle or potential rental uplift for value-add investors
  • Including a massive development upside with an approved permit for an additional four (4) flats to be constructed to compliment the existing building
  • Dual street frontages allowing for flexibility of access to the property for future development and existing tenants
  • Excellent transport linkages, High Street tramline and bus stops, close proximity to both the Eastern and Monash Freeways providing direct access to the Melbourne CBD
  • A location that suits families, young professionals, down-sizers and retirees, being only a short walk to a vast array of lifestyle amenities: High Street Kew Retail Precinct (950m*), Coles Kew (350m*), Sacred Heart Primary Kew (950m*) and Victoria Park (400m*)
  • Exceptional Kew median house price of $2,880,000**, more than double the Melbourne median

*Approximately
** Source: REIV

 

21 Gladstone Street, Kew is for sale via Public Onsite Auction Friday 28th May 2021 at 12.30pm (AEST).

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

 

Open for Inspection times: 

  • Thursday 29th April at 11.00am 
  • Thursday 6th May at 11.00am 
  • Thursday 13th May at 11.00am 
  • Thursday 20th May at 11.00am 
Listing Map