1 Clyde StreetKew East VIC 3102
Property Details for 1 Clyde St, Kew East
1 Clyde St, Kew East is a 8 bedroom, 4 bathroom Unit with 4 parking spaces. The property has a land size of 697m2.
Last Listing description (September 2023)
Endless Opportunities to Rent, Re-imagine, or Redevelop
A versatile prospect like no other, this mid-century classic delivers boundless opportunities to enjoy immediate rental returns, renovate, re-develop or create a new home site (STCA).
Situated on a regular shaped allotment of approximately 836sqm with a generous 18.3m (approx.) frontage and preferred westerly rear orientation, these four (4) individually strata-titled apartments offer the ultimate balance of lifestyle and convenience. Well positioned within walking distance to High Street restaurants, shops and cafes, public transport (tram and bus), renowned schools, Hays Paddock and the Eastern Freeway.
Newly refreshed for immediate comfort, each individual apartment comprises light-filled and spacious living/dining areas extending to a sunny balcony, kitchen, two newly carpeted bedrooms with built-in-robes, bathroom with separate toilet and car space on title. The complex anticipates a baseline income of $87,600 - $93,840 per annum, while offering scope to grow the investment through future renovation.
With northern horizons and tree canopy vistas from the top level and a sun-drenched westerly rear aspect, this versatile opportunity presents the next owner with endless opportunities. Enjoy immediate rental returns or transform to a luxurious new home or a larger townhouse or apartment development (STCA).
Key highlights:
Excellent renovation and development potential
Currently four (4) individually strata-titled 2 bedroom, 1 bathroom, 1 car space apartments available for immediate rental
Neighbourhood Residential Zone 3 (NRZ3)
No Overlays
Tram and Bus stops at both ends of Clyde Street providing city-bound transport
Property History for 1 Clyde St, Kew East, VIC 3102
- 02 Aug 2023Listed for Sale Under Offer
Recent sales nearby
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0About Kew East 3102
The size of Kew East is approximately 4.0 square kilometres. There are 12 parks, covering nearly 37.3% of the total area. The population of Kew East in 2016 was 6635 people. By 2021 the population was 6620 showing a population decline of 0.2% in the area during that time. The predominant age group in Kew East is 50-59 years. Households in Kew East are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Kew East work in a professional occupation.In 2021, 73.80% of the homes in Kew East were owner-occupied compared with 74.20% in 2016.
Kew East has 3,337 properties. Over the last 5 years, Houses in Kew East have seen a -7.52% decrease in median value, while Units have seen a 4.92% increase. As at 31 July 2026:
- The median value for Houses in Kew East is $1,980,591 while the median value for Units is $913,657.
- Houses have a median rent of $1,000 while Units have a median rent of $640.
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