45 Epsom RoadKensington VIC 3031
Property Details for 45 Epsom Rd, Kensington
Last Listing description (July 2022)
Nelson Alexander Commercial are delighted to offer For Sale via Virtual Auction this blue chip commercial investment opportunity in affluent Kensington. Located on Epsom Road with excellent passing traffic this high exposure site is the perfect opportunity for the astute investor. Boasting an excellent tenant (Kensington Vet Clinic) on a long term lease with strong rental yield this is the ideal set and forget investment opportunity. In terms of investment fundamentals it ticks all the boxes excellent location, secure long term tenant and strong rental return. This is a fantastic opportunity that we highly recommend.
Property Features:
Zoned General Residential (GRZ1)
Building Area 145m2 (approx.)
Blue Chip Investment Opportunity
Prime Kensington Location
Secure Long Term Tenant (Kensington Vet Clinic)
Lease Term 15 Years (5+5+5)
Excellent Rent Return
Expansive 9.5 Metre Frontage
Secure investment opportunity that we highly recommend
For all property enquiries or to arrange an inspection please contact exclusive selling agents Nelson Alexander Commercial on 9419 5511.
Property History for 45 Epsom Rd, Kensington, VIC 3031
- 13 Jul 2022Sold for $1,335,000
- 16 Jun 2022Listed for Sale Contact Agent
- 03 Jan 1998Listed for Sale Not Disclosed
Recent sales nearby
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0About Kensington 3031
The size of Kensington is approximately 2.1 square kilometres. There are 19 parks, covering nearly 13.6% of the total area. The population of Kensington in 2016 was 10812 people. By 2021 the population was 10745 showing a population decline of 0.6% in the area during that time. The predominant age group in Kensington is 30-39 years. Households in Kensington are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kensington work in a professional occupation.In 2021, 48.70% of the homes in Kensington were owner-occupied compared with 45.30% in 2016.
Kensington has 7,730 properties. Over the last 5 years, Houses in Kensington have seen a -12.53% decrease in median value, while Units have seen a -2.53% decrease. As at 30 April 2026:
- The median value for Houses in Kensington is $1,149,236 while the median value for Units is $587,259.
- Houses have a median rent of $715 while Units have a median rent of $590.
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