122 Wellington StreetKew VIC 3101
Property Details for 122 Wellington St, Kew
Last Listing description (March 2020)
Private Auction Wednesday 18th March
A significant opportunity to secure a prime mixed-use investment in the heart of Kew.
Retail Area (total): 139sqm approximately
Residence Area: 369sqm approximately
Land Area: 539sqm approximately
Corner Retail / Commercial Building:
Permit approved for 30 seat caf
Option for 10 outside seats
High exposure corner site
Significant value-add opportunities
Renovated Residence:
Beautifully presented 3 bedroom residence
Permit Approved for two (2) new town residences
Excellent off-street carparking
Other benefits:
Separate access on Edgevale Rd and Wellington Street
Significant development potential (permit approved)
Access to leading local schools
Conveniently located near Kew Junction and Glenferrie Rd, Hawthorn shopping precincts.
This property is close to all modes of public transport, and offers easy access to freeways, including Glenferrie Road, Cotham Road Eastern Freeway and Monash Freeway.
PRIVATE AUCTION WEDNESDAY 18th MARCH
Property History for 122 Wellington St, Kew, VIC 3101
- 19 Feb 2020Listed for Sale Price Guide - $2,000,000 - $2,200,000
- 18 May 2016Listed for Sale Not Disclosed
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0About Kew 3101
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 14,100 properties. Over the last 5 years, Houses in Kew have seen a 12.80% increase in median value, while Units have seen a 12.51% increase. As at 31 December 2025:
- The median value for Houses in Kew is $2,758,758 while the median value for Units is $901,711.
- Houses have a median rent of $970 while Units have a median rent of $620.
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