304/5-9 Studley Park RoadKew VIC 3101
Property Details for 304/5-9 Studley Park Rd, Kew
304/5-9 Studley Park Rd, Kew is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1999. The property has a land size of 3421m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in February 2025.
Last Listing description (February 2025)
Get ready to elevate your investment portfolio with this exceptional opportunity to own a serviced apartment in one of Kew's most sought-after locations! Positioned strategically at Kew Junction, this spacious studio apartment isn't just a property it's a lucrative asset promising significant returns for astute investors!
Recently renovated to embody a sleek, modern aesthetic, this apartment exudes luxury and allure, making it an irresistible option for tenants seeking premium accommodation in a prime locale.
Situated right at the bustling Kew Junction, the advantages are endless. From a plethora of shopping and dining options mere steps away to seamless connectivity provided by the nearby bus and tram stop, this location guarantees consistent demand from occupants, ensuring steady rental income and maximising your return on investment.
Moreover, the property's proximity to key destinations such as Melbourne CBD, St Kilda, and Doncaster Shoppingtown enhances its appeal, promising capital appreciation over time and securing its position as a lucrative long-term asset in your investment portfolio.
But the benefits don't end there investors will also appreciate the convenience of having prestigious private schools like Xavier College, Trinity Grammar, and Methodist Ladies College within walking distance. This proximity to quality education institutions attracts high-calibre occupants and adds intrinsic value to the property, making it a solid investment choice with strong potential for growth.
And let's not forget about the recreational perks! With Studley Park and the picturesque Yarra River just a leisurely stroll away, tenants can enjoy many outdoor activities, further enhancing the property's desirability and ensuring high tenant retention rates.
Don't let this golden opportunity slip through your fingers! Invest in the future and reap the rewards of owning a prime serviced apartment in the vibrant heart of Kew. Secure your financial success today!
The lease expires on 30 April 2035
IF YOU LIKE TO SUBMIT AN OFFER, YOU CAN DO SO HERE: https://www.realestatebestoffer.com.au/304-5-9-studley-park-road-kew
Property History for 304/5-9 Studley Park Rd, Kew, VIC 3101
- 05 Feb 2025Listed for Sale $165,000
- 05 Feb 2025Sold for $135,000
- 29 Jan 2024Listed for Sale $165,000
Recent sales nearby
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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 14,105 properties. Over the last 5 years, Houses in Kew have seen a 12.12% increase in median value, while Units have seen a 13.55% increase. As at 28 February 2026:
- The median value for Houses in Kew is $2,762,853 while the median value for Units is $917,533.
- Houses have a median rent of $1,000 while Units have a median rent of $625.
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