507/89-93 High Street SKew VIC 3101
Property Details for 507/89-93 High St S, Kew
Last Listing description (April 2026)
Nelson Alexander Commercial is delighted to offer for Private Sale this outstanding investment opportunity in one of Melbournes most tightly held commercial precincts Kew. Filled with natural light, this fully self-contained office is leased to a long-term tenant that has remained in occupation since circa 2013, providing a reliable and secure income stream. Alternatively, the property also offers the flexibility for owner-occupiers as well. The premises features a bright and functional layout including an entry foyer and three private offices, along with access to shared kitchenette and bathroom facilities. A well-frequented caf on the ground floor adds further convenience and appeal. Opportunities of this calibre in Kew are rare, making this an investment we strongly recommend.Key Property Features: Zoned Commercial 1 (C1Z) Approx. 38m of Functional Floor Space* Ideal for Investors or Owner-Occupiers Prime Location with Proven Tenant Stability High-Quality Long-Term Tenant Attractive Rental Return Secure Investment Current Rent $14,256 pa plus gst plus outgoings (approx.) Fully Self-Contained with Functional 3 Office Layout Abundant Natural Light Throughout Excellent Access to Public Transport Outstanding Opportunity for Astute Investors Exceptional Investment in a Premier Location Not to Be Missed!For all property enquiries or to arrange an inspection please contact exclusive selling agents Nelson Alexander Commercial.
Property History for 507/89-93 High St S, Kew, VIC 3101
- 16 Apr 2026Listed for Sale Contact Agent
- 20 Jan 1998Sold for $131,000
Recent sales nearby
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About Kew 3101
The size of Kew is approximately 10.5 square kilometres. There are 37 parks, covering nearly 18.0% of the 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 14,096 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.
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