This is a unit on a parcel in 1/TP684527 Kew VIC. In the council area Boroondara, with 8 bedrooms and 3 bathrooms.
Extraordinary Opportunitywith Plans A once-in-a-lifetime opportunity, just metres from Kew Junction, this boutique block of three apartments presents an extraordinary range of future scenarios, spanning from simple investment to renovation and full re-development. Indeed, the scope to utilise pre-approved plans to construct a complex of 9 luxury apartments including a stunning penthouse is arguably the most compelling of all the options.Within easy reach of the thriving caf scene, boutique shopping and city-bound public transport that we love about the Junction, this outstanding block sits on a 720 metre allotment with 20 metres of street frontage.Currently comprising two 2 bedroom apartments (yielding $3564 pcm) and a huge 4 bedroom apartment (that delivers $2842pcm), there is potential here to simply retain and enjoy instant investment returns. But there is also scope to occupy one and lease the others, maybe refurbish for greater returns or utilise the plans for hassle-free re-development of exactly what the market demands.Reassuringly, this is a blue ribbon location set to reward whatever destiny you choose. Not only are the lifestyle advantages of a Kew Junction position quite clear, but residents will enjoy easy access to the city, to the parkland of Studley Park, to the freeway and to an incredible selection of Melbournes finest private schools. All of which guarantees a solid demand and on-going market appeal for whichever option you choose.Agent on Site as advertised