Well Advanced 10-Storey Building in Prized Kew Junction Location

Location: Studley Park Road, Kew 2000

A partially constructed 10-storey apartment building, comprising 26 apartments ranging from 1-bedroom to 4-bedroom dwellings, with outstanding views to Melbourne CBD, Box Hill, Port Phillip Bay, and the Dandenong Ranges, as well as a 2-level basement and ground floor retail tenancy with frontage to Kew Junction.

There are extensive works already completed on the site, boasting a fully dug out basement, the structure of the building is topped out and a large portion of the apartments have been plastered.  

Kew is a prestigious and affluent inner eastern suburb. The property is situated in the heart of Kew Junction, providing access to all essential and boutique retail amenities including Leo’s Fine Food & Wine Supermarket (150 m*) and Woolworths (300 m*).

Kew has an abundance of connectivity options with immediate access to trams along High Street, nearby Hawthorn Train Station (1.6 km*), and easy access to the Eastern Freeway (1.8 km*) and Monash Freeway (2.5 km*).

Kew is one of Melbourne’s best located suburbs for surrounding lifestyle amenity, including Alexandra Gardens (400 m*), the Main Yarra Walking Trail (700 m*), Yarra River (800 m*), Yarra Bend Golf Course (1.1 km*), Studley Park (1.5 km*), and Studley Park Boat House (1.9 km*).

The key highlights of the opportunity include:

• Improved with a well-advanced 10-storey apartment building, comprising 26 spacious apartments with outstanding views, 2 levels of basement and 1 retail tenancy.
• Existing works on site are extensive, boasting a fully dug out basement, the structure of the building is topped out and a large portion of the apartments have been plastered. 
• In the heart of Kew Junction providing exceptional connectivity via trams along High Street, and access to all essential and boutique retail amenities including Leo’s Fine Food & Wine Supermarket (150 m*) and Woolworths (300 m*)
• Surrounded by prestigious education institutions: Xavier College (350 m*), Trinity Grammar School (650 m*), Sacred Heart Kew Primary School (750 m*) and Melbourne Girls College (1.9 km*)
• One of Melbourne’s best located suburbs for surrounding lifestyle amenity, nearby Alexandra Gardens (400 m*), Main Yarra Walking Trail (700 m*), Yarra River (800 m*), Yarra Bend Golf Course (1.1 km*), Studley Park (1.5k m*), and Studley Park Boat House (1.9 km*).
• Strong residential market with a track record of apartments selling at a premium, boasting a median unit price of $838,000^ and median house price of $2,760,000
• Opportunity for builders, developers, or investors to complete and sell the project, or hold as an investment.

*This commercial listing item is in conjunctional with Stonebridge Property Group.