Sold92-94 Peel Street, Kew
Exceptional Development and Investment Opportunity
Rarely does a corner property of this size and investment potential become available in such an excellent location; within an easy stroll of Kew Junction shopping including Leo's Fine Foods, Toscanos, cafes and restaurants; alternatively it provides easy access to Victoria Gardens Complex or the Glenferrie Road. Underpinning the lifestyle amenities surrounding Kew including an array of the area's finest prestige schools, the Yarra Boulevard parklands and trails, public transport options or the Eastern Freeway for reaching the CBD.
The property provides a brilliant development opportunity for the design and construction of a luxurious new family residence, multiple town residences, townhouses or apartments (STCA). Highlighting the exceptional potential for significant future capital gains and rental incomes on offer; following the redevelopment of this property in one of Melbourne's most sought-after lifestyle suburbs. The site is currently occupied by three townhouses with Townhouse 1 having street frontage to Peel Street and Townhouses 2 & 3 having street frontage to Eglinton Street.
Land size: 1074sqm approx.
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Welcome to Kew 3101
Median House Price
$2,659,167
2 Bedrooms
$1,471,667
3 Bedrooms
$2,160,667
4 Bedrooms
$2,906,667
5 Bedrooms+
$4,780,251
Kew, positioned just 5 kilometres east of Melbourne's CBD, is renowned for its sophistication and elegance.
