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Overview
1-4/361 Cotham Road, Kew VIC 3101
This exceptional property at 361 Cotham Road, Kew, offers a rare and significant opportunity within one of the area's most prestigious and tightly-held locations. The site encompasses a substantial landholding of approximately 1,327 square meters, comprising an entire block of four established units to be sold as one cohesive offering. This unique configuration provides outstanding flexibility for a variety of buyers including developers, investors, and land-bank purchasers.
The property boasts dual street frontages, including access from Mont Victor Road, positioning it ideally for a premium multi-dwelling residential development, subject to council approval. The site is surrounded by quality homes and luxury new projects, delivering the scale, frontage, and blue-chip location that are increasingly sought after yet rarely found in the market.
Its location further enhances its appeal, being in close proximity to some of Melbourne's leading schools, excellent public transport connections, parklands, private hospitals, and the vibrant dining and shopping precincts of Glenferrie Road and Kew Junction. This makes it an attractive proposition for both owner-occupiers and investors.
For investors, the opportunity is compelling with the ability to acquire all four units in a single transaction, securing an immediate rental portfolio. The property offers potential for long-term investment retention, renovation to enhance returns, or holding while future redevelopment plans are considered, providing extensive possibilities.
Potential rental returns for the units are estimated as follows:
- Unit 1: $680 - $720 per week
- Unit 2: $750 - $780 per week
- Unit 3: $825 - $870 per week
- Unit 4: $680 - $720 per week
This offering represents a premium landholding ready for transformation in a highly desirable location, presenting a rare chance to secure a significant asset with multiple avenues for value enhancement.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Kew VIC 3101
Market Insights for Kew VIC 3101
Other properties in this postcode
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