Well-located retail premises with commercial kitchen fit-out.
To be auctioned by GrayJohnson on 6 June @ 12 noon, this property close to busy Kew Junction is ready and waiting for a new occupant. With a complete commercial kitchen in place, it's the perfect opportunity for a hospitality business to avoid hefty start-up costs and start operating with minimum delays.
Alternatively, the location and excellent condition of the building make it suitable for a retail operation or professional practice once the kitchen is removed^.
The two storey building includes a ground floor restaurant and kitchen as well as amenities and a large paved rear courtyard.
Upstairs are two bedrooms and a living area, previously designated for residential use.
Key features include:
Building area of 200sqm*
Land area of 159sqm*
5.2m* frontage to Denmark Street
Full commercial kitchen fit-out
Rear paved courtyard
Excellent main road exposure
Busy Kew Junction shopping precinct
Excellent public transport steps away
This section of Denmark Street enjoys high traffic from vehicles and pedestrians, affording excellent exposure and signage potential.
New apartments nearing completion across the road will provide a ready customer base in the future. With its prime location and variety of potential uses, the property presents an outstanding opportunity for an investor or owner-occupier seeking to establish a retail identity in a highly desirable area.
Auction Tuesday 6 June @ 12 noon
*approx.
The size of Kew is approximately 10.5 square kilometres. It has 37 parks covering nearly 18.0% of total area. The population of Kew in 2016 was 24605 people. By 2021 the population was 24499 showing a population decline of 0.4% in the area during that time. The predominant age group in Kew is 50-59 years. Households in Kew are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Kew work in a professional occupation.In 2021, 68.50% of the homes in Kew were owner-occupied compared with 66.10% in 2016.
Kew has 14,108 properties. Over the last 5 years, Houses in Kew have seen a 2.34% increase in median value, while Units have seen a 7.60% increase. As at 31 March 2026:
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