129-131 High Street, Kew, VIC 3101 | Property Value & History | OnTheHouse
 
OFF MARKET

129-131 High Street
Kew VIC 3101

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 146m2
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Property Details for 129-131 High St, Kew

Building Type
Commercial
Land Size
146m2
Local Government
Boroondara
Lot/Plan
2/PS309836

Last Listing description (November 2022)

Teska Carson is pleased to present 129-135 High Street, Kew for sale via Public Auction on Friday 11th November 2022 at 1pm on site.

Comprising two substantial freeholds with rarely seen dual retail frontages, 129-135 High Street provides an outstanding opportunity to invest, value add, occupy or develop.

The key attributes of this unique opportunity include:

- Substantial site area of 630sqm*

- Current Rent of $195,682 per annum

- Multi-tenanted buildings with a combined area of 577sqm with potential for rental growth and further retail activation

- Extensive frontage of 16.3 metres* to High Street and 13.7 metres* to rear shopping centre

- Ideally positioned within immediate proximity to Leos Fine Foods, Woolworths plus numerous nationally recognised retailers.

- Kew Junction; an area surrounded by numerous multi-level apartment sites, some of Melbournes finest schools and suburbs.

- Located just 5km* from the Melbourne CBD and well connected by public transport (50m) and the Eastern Freeway (2km).

129-135 High Street presents an outstanding opportunity to acquire a highly sought after freehold providing the opportunity to re-position the asset, continue with the current income stream or re-develop (STCA).

Please call for further information or to arrange an inspection.

*approx.

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Property History for 129-131 High St, Kew, VIC 3101

A timeline of how this property has performed in the market
Listed for Rent
04 Aug 2020
  • 10 Oct 2022
    Listed for Sale Contact Agent
  • 14 Feb 2020
    Listed for Rent - Price not available
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About 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 14,108 properties. Over the last 5 years, Houses in Kew have seen a -0.73% decrease in median value, while Units have seen a 6.55% increase. As at 30 April 2026:

  • The median value for Houses in Kew is $2,642,941 while the median value for Units is $913,609.
  • Houses have a median rent of $1,150 while Units have a median rent of $630.
There are currently 32 properties listed for sale, and 9 properties listed for rent in Kew on OnTheHouse. According to Cotality's data, 648 properties were sold in the past 12 months in Kew.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

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