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McGrath Blackburn are pleased to present 138–140 High Street, Kew For Sale via Public Auction on-site Wednesday 8th October 2025 at 12:00pm (AEST).

Commanding 11.1m* of prime High Street frontage, this blue-chip Kew Junction freehold delivers seven separate income streams with immediate rental growth potential and clear value-add upside. With two ground floor retail tenancies, four well-proportioned apartments and a high-exposure signboard, the property offers investors secure, diversified cashflow today with the ability to unlock further rental uplift and long-term capital appreciation.

Key Features:

• Land Area: 209sqm* | Building Area: 412sqm*
• Two retail shops, four apartments and a high-profile signboard currently -returning $154,739.81* p.a. gross
• C1Z – Commercial 1 Zone
• Strong rental growth and value-add opportunity with future development scope (STCA)
• On-site secure garage with direct access to council parking via rear laneway
• Surrounded by Melbourne's elite schools – Carey, Camberwell Grammar, MLC, Xavier, Genazzano – Kew's median house price $2,800,000^

Mingling with an elite group of retail royalty including Chemist Warehouse, 99 Bikes, Skinny Dog Hotel, Toscano's and the Postmaster Hotel, to name just a few–this address stands proudly amongst Kew's most recognised destinations. But what's visibility without premium access? Just moments away are the 48 and 109 tram stops connecting you directly to the CBD and let's not forget about the buses running along Denmark and Princess Street making the everyday commute a breeze. For those coming in by car–there is an abundance of parking options nearby.

For more information or to arrange a private inspection, please contact the exclusive selling agents below.

Nicholas Conroy +61 468 455 058 | [email protected]
Chris Manolopoulos +61 439 478 825 | [email protected]

*denotes approx.
^source: REIV
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Live Streaming via GAVL

McGrath clients have the opportunity to watch, bid and buy on live property auctions.

Register through www.gavl.com and follow the property link:

https://x5u9a.app.goo.gl/1dh4j

To be able to bid online, you must download the free GAVL App.