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Kew

14 9 9

1-9/62 Pakington Street

A Rare Investment Opportunity in Kew

Held by the same family for 40 years, a once-in-a-lifetime opportunity for investors, renovators or Superannuation Funds to acquire this development of nine apartments, featuring five two bedroom and four one bedroom apartments, which will be sold as one property. All strata titled and currently 100% let with a return of $138,000 per annum (approx.). The apartments are all in a neat and liveable condition giving scope for future updating to hold onto, or resell individually if desired.

Underpinning their capital gains and investment potential which is further enhanced by a much sought-after Kew lifestyle location - just a few moments from Kew Junction shopping, cafes, restaurants including Leo's Fine Foods and Toscanos, Kew Primary, Recreation Centre and transport options. Plus easy access to the private school precinct or the Eastern Freeway and the CBD - all the lifestyle benefits this location is renowned for. Other features include upstairs views from the north-facing balconies and nine designated undercover car parks with front for some or rear lane access for the remaining apartments.

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