Nelson Alexander Commercial are pleased to present 6-8 Cotham Road Kew for Sale via Public Auction on Thursday 18th August at 2pm. Located amongst one of Melbourne’s premier retail junctions and in the affluent suburb of Kew, this commanding freehold offers a secure investment in a blue-chip location.
> Securely leased to ‘Penang Corner’ – a popular Malaysian Restaurant with 5 star reviews
> Net return (Excl. land tax): $60,000 pa and fixed 3% annual increases
> Maximum exposure to Kew Junction and surrounded by a number of established high profile retailers including Woolworths, Leo's Fine Food and Wine, Chemist Warehouse, Woodfrog Bakery and the SkinnyDog Hotel
> Flexible Commercial 1 Zoning and a generous land area of 280sqm*
> Rear access and Public Carpark for approx. 150 cars
> Underpinned by a Kew Median House Price of $2,960,000^ - more than double the Melbourne Median house price
For all enquiries or to arrange a private inspection, please contact exclusive agents Nelson Alexander Commercial on 9419 5511.
^Data Source: REIVPropertyData. Median data for Junequarter2022
