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605-613 High Street Kew East, VIC 3102

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605-613 High Street,
Kew East, VIC 3102

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King of the Hill

  • Six tenancies in one line
  • Potential fully leased income: $145,000*
  • Unprecedented exposure
Colliers International is pleased to offer 605-613 High Street, 1-3 Strathalbyn Street & 31 Valerie Street, Kew East for sale by Auction on Thursday 25 June at 11am on-site. This unprecedented investment and development opportunity comprising six tenancies offered in one line is not to be missed.

Currently leased to a number of tenants the properties have a strong and diversified passing income stream from long standing businesses.

The opportunities are near endless, with the current leases aligned to expire in 2019 with no further options there is strong potential to redevelop, refurbish, reposition or maintain the status quo of this landmark asset in one of Melbourne’s finest locations.

Key features are below:

- Six tenancies in total. Five ground floor tenancies, one first floor office/residence and additional income from Telco towers on the roof
- Potential fully leased income of $145,000
- Total land area of 688m²*
- Total building area of 641m²*
- Street frontage of 48.86m*
- Flexible Commercial 1 zoning
- High profile position at the intersection of High Street, Harp Road, Valerie Street and Strathalbyn Street
- Design and development overlay encouraging additional height on the site
- Elevated position providing for spectacular city views from the first floor
- Rear access

For more information on this sensational investment and or development opportunity please contact exclusive marketing agents Colliers International.

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Property ID: 501575261Last Updated: 2 Aug 2017

03 8562 11...
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605-613 High Street
Kew East, VIC 3102
Colliers - Melbourne East
Level 7, Chadstone Tower One 1341 Dandenong Rd
CHADSTONE, VIC 3148

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