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Development/Land For Sale found in KEW, VIC 3101

UNLOCK THE POTENTIAL IN KEW

Development/Land

- Existing holding income of $30,600 pa from outdoor advertising sign
- Rare development opportunity in coveted Kew location
- Strategic position surrounded by major trading banks, established retailers, cafés and supermarkets
- Close to leading private schools
- Total Site area 526m2 (approx) including
- 15.4m frontage to High Street plus rear access via Derrick St
- Commercial Zone 1
- Significant future development potential (STPA)
Please contact our agents for further information.

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Price: Contact Agent    Building: 526m²    Occupancy: Vacant

Properties located in the surrounding suburbs

HAWTHORN'S BEST DEVELOPMENT SITE

Investment | Development/Land | Offices

JLL and Gorman Kelly are delighted to present for your consideration an irreplaceable, blue chip land holding located in one of Melbourne's most affluent suburbs. Being a major commercial, retail, educational and lifestyle hub in Melbourne's premier inner east, Hawthorn represents a magnificent development opportunity (STCA), as well as an excellent opportunity to occupiers wanting to utilise the existing improvements.
Located in one of Melbourne's most desirable suburbs, Hawthorn is recognised as a prestigious residential address. Ample amenity, quality educational institutions and excellent transport links have, in recent times, underpinned the development of a number of new residential projects.
This premium opportunity is summarised by the following key attributes:
- Well exposed corner property of 1,221sqm* land holding providing exceptional development opportunity;
- A rare opportunity; suitable for value add investors, future owner occupiers or developers;
- Extensively renovated single level office building of 937m2 with basement parking for 29 cars;
- Existing lease and net rental income of $286,758.96 per annum plus GST from international tenant ACI Operations Pty Ltd with lease expiring 30 June 2018 and no further option;
- Outstanding future development potential (STCA) to deliver a high density mixed-use project;
- Close to local amenity, within walking distance to vibrant Burwood Road Shopping Strip and anchored by one of Melbourne's busiest suburban retail strips-Glenferrie Road, which includes a host of national retailers;
- Near supermarkets; dining, culinary and entertainment attractions; train stations, trams and transport hub, Swinburne University; various parks, gardens and recreation attractions and freeway link to Melbourne CBD.
For further information or to arrange an inspection, please contact the exclusive agents from JLL or Gorman Kelly.

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Price Contact Agent
Building 937m²
Land 1221m²
Occupancy Tenanted
Property ID 257449

PREMIUM PERMIT APPROVED HAWTHORN EAST SI...

Development/Land

Savills is delighted to offer for sale this superb development site located at 11-15 Mayston Street, Hawthorn East. Rarely is such a high quality development opportunity presented to the market in such a premium lifestyle location, offered with an approved permit for a stunning mixed use project within one of Melbourne's most prestigious suburbs.
Key attributes of this fantastic opportunity are:
- A prime landholding of 1,680sq m*
- Approved permit for a 'Hayball' designed project comprising 33 apartments, 4 townhouses and retail + commercial space
- Exceptional project design with majority 2 and 3 bedroom apartments and luxury townhouses
- Commercial 1 Zone / Neighbourhood Residential Zone 3
- Short-term leases in place providing holding income
- The ultimate lifestyle position within Melbourne's blue-chip eastern suburbs
- Close proximity to Camberwell Train Station and on the doorstep of the expansive Fritsch Holzer Park
- Surrounded by Camberwell's finest retail amenity, including the Burke Road retail strip/Camberwell Junction, The Well Shopping Centre, Glenferrie Road retail precinct and more
- Camberwell is home to many of Melbourne's elite secondary education facilities
- A spectacular, permit approved opportunity in Melbourne's most sought after location!
The opportunity to secure a prime landholding in this premium suburban location surrounded by abundant lifestyle and retail amenity is sure to be highly sought after, especially when you consider the approved permit for a luxury mixed use project.
11-15 Mayston Street, Hawthorn East is For Sale by Expressions of Interest closing Wednesday 23 August at 2pm.
For further information, please contact:
Clinton Baxter - 0413 569 888
Jesse Radisich - 0402 085 702
Benson Zhou - 0458 488 888

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Price: EOI Closing Wednesday 23 August at 2pm    Land: 1680m²    Occupancy: Vacant

PERMIT APPROVED MIXED-USE SITE

Investment | Development/Land

Savills are delighted to offer for sale 563-565 Burwood Road, Hawthorn. Rarely does such a unique mixed-use opportunity come to the market in such a highly sought after location, close to abundant public transport and a full range of retail and lifestyle amenity.
Key attributes of this outstanding development site include:
- An ideal 654sq m* landholding
- Dual street frontages to Burwood Road and Queens Avenue
- Planning Permit for 17 apartments and retail over 7 levels
- Recent height changes offer additional permit upside (STCA)
- Highly sought after Commercial 1 Zoning
- Situated within the heart of Hawthorn's vibrant retail precinct with direct proximity to Glenferrie Road
- Currently improved with a well presented two level commercial premises
- Auburn Train Station only 250 metres* from the property
- Brilliant inner city location in direct proximity to the Melbourne CBD and Swinburne University
- The property is being offered with two short term leases in place returning $81,300* pa
The chance to secure a prime permit approved development opportunity and commercial investment in such an outstanding location is very rare and accordingly we encourage prospective purchasers to actively consider this outstanding opportunity.
This property is For Immediate Private Sale.
Julian Heatherich - 0412 995 655
Benson Zhou - 0458 488 888

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Price: Immediate Private Sale    Land: 654m²    Occupancy: Tenanted


PREMIUM ABBOTSFORD RETAIL FREEHOLD

Retail | Development/Land | Offices

Savills is delighted to offer for sale this prime retail freehold, ideally situated within one of Melbourne's most sought after suburban locations with significant development potential at 473 Victoria Street, Abbotsford.
Benefiting from the continued growth throughout Melbourne this premium freehold opportunity is ideally placed to take advantage of the continued growth of the local population.
Key attributes of this outstanding property include:
- A prime retail freehold with a 10.53m* frontage
- Valuable landholding of 297sqm* with rear laneway access
- Commercial 1 Zone
- Large open plan showroom with multiple use options
- Fantastic high density development potential (STCA)
- Ideally situated on the iconic Victoria Street, Abbotsford only 2.5km* from the CBD
- Surrounded by an abundance of retail and lifestyle amenity
- Situated in the heart of a thriving iconic Asian culinary precinct
- Trams operate directly in front of the property providing CBD access and only 800 metres* from North Richmond Train Station
- Vacant possession
This retail freehold ideally suits owner occupiers, investors or forward-thinking developers a-like, providing a rare opportunity to secure a boutique city fringe landholding. Accordingly we encourage prospective purchasers to actively consider this exceptional property.
473 Victoria Street, Abbotsford is for Immediate Private Sale.
To discuss any of these opportunities in detail, please contact the exclusive sales agents at Savills.
Benson Zhou - 0458 488 888
Nick Peden - 0402 011 266
Mark Stafford - 0404 401 053

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Price: Immediate Private Sale    Building: 280m²    Land: 297m²    Occupancy: Vacant

INNER CITY DEVELOPMENT OPPORTUNITY - PERMIT FOR 7 LEVEL BUIL...

Investment | Development/Land (Retail, Offices) | Retail | Offices

  • Permit approved for 7 level building
  • Mixed use building including retail, commercial and residential and 18 car parks
  • Two street frontages
  • Land Area: 405 sqm (approx)
  • Existing building and cashflow
  • Brilliant location being metres to train station, cafes, bars, restaurants and Victoria Park. Minutes to CBD

***SOLD***

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Price: Contact Agent    Rent: $39,000 p.a.    Building: 465m²    Land: 405m²    Occupancy: Tenanted

OCCUPY, INVEST OR DEVELOP

Retail | Offices | Development/Land

Prime Corner Showroom, Office Warehouse with massive exposure, ideally suit the owner occupier, investor or developer
* Total Land Area 425 m2
* Dual Side Roller Door Access
* Massive Rooftop Garden
* Off Street Car parking
* Separate first floor dual entry
* Currently leased short term

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Price: POA    Building: 440m²    Land: 425m²

SUBURB PRICE GUIDE

Suburb Summary - Kew, VIC 3101

Below you will find the average advertised Sale Price, Rent & Yield for this suburb.

Price (m²) Rent (m²) Yield
Offices $4597 $588 12.78%
Retail $548
Industrial $423
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list on Commercial Property Guide.
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