6-8 Cotham Road, Kew VIC 3101
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2
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217 sqm / approx
BLUE CHIP TENANTED INVESTMENT
Key Features:
> Securely leased to ‘Penang Corner’ – a popular Malaysian Restaurant with 5 star reviews
> Net return (Excl. land tax): $60,000 pa and fixed 3% annual increases
> Maximum exposure to Kew Junction and surrounded by a number of established high profile retailers including Woolworths, Leo's Fine Food and Wine, Chemist Warehouse, Woodfrog Bakery and the SkinnyDog Hotel
> Flexible Commercial 1 Zoning and a generous land area of 280sqm*
> Rear access and Public Carpark for approx. 150 cars
> Underpinned by a Kew Median House Price of $2,960,000^ - more than double the Melbourne Median house price
For all enquiries or to arrange a private inspection, please contact exclusive agents Nelson Alexander Commercial on 9419 5511.
*approx.
^Data Source: REIVPropertyData. Median data for Junequarter2022