First Time Offered in Over 60 Years

A rare opportunity in the heart of Kew, this is an exciting chance to acquire 5 tenanted residences on one Title with frontages to both Willsmere Rd and Brougham St. Already an impressive commercial performer generating an income stream of some $8,256 pcm ($99,071 pa approx.), there are a myriad of lucrative options to be explored on this elevated 748m2 allotment (approx). Purchase and hold as is for a personal or superfund scenario, refresh for improved investment rewards or start over and build a luxurious new multi-home development capitalizing on 2 street frontages, soaring northern ranges views, GRZ3 and a prime location with Melbourne’s premier schools, Willsmere village cafes, Kew Junction’s exclusive shopping, Yarra parklands, buses, trams and freeway all close by. Facing Willsmere Rd, the sizeable 3 bedroom home features an inverse floorplan that makes the most of the elevated views with substantial glass-flanked living spaces, huge kitchen/meals area, large games room and double garage. The 4 apartments fronting Brougham St comprise a studio-style apartment plus 3 comfortable 2 bedroom apartments all with over-sized living domains, big kitchen/meals area, generous older-style proportions, high ceilings, parquetry timber floors, combination bathroom/laundry, 3 secure garages, large carport plus fabulous north/easterly views from balcony units 2 and 4. Bounteous options in a blue-chip pocket zoned for Kew Primary and Kew High Schools.