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McGrath Blackburn is pleased to present 138–140 High Street, Kew for Private Sale.

Commanding 11.1m* of prime High Street frontage, this flexible Kew Junction freehold presents a rare investment with seven diversified income streams. Comprising two ground floor retail tenancies, four well-proportioned apartments and a high-exposure rooftop signboard, the property offers secure, multi-streamed cashflow with strong rental growth potential. Benefiting from exposure to multiple main roads and no heritage overlay, this asset provides genuine value-add potential and long-term flexibility - ideal for investors, future owner-occupiers or those seeking a strategic repositioning opportunity.

Key Features:

• Land Area: 209sqm* | Building Area: 412sqm*
• Two retail shops, four apartments and a high-profile signboard currently returning $146,061* p.a. + OG + GST
• 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^

Surrounded by retail heavyweights such as Chemist Warehouse, 99 Bikes, Toscano's, Skinny Dog Hotel and the Postmaster Hotel, this address sits proudly in the heart of Kew Junction's premier retail precinct. Enjoy unmatched accessibility with trams 48 and 109 moments away, plus convenient bus routes along Denmark and Princess Streets. Ample nearby parking further enhances ease of access for customers and visitors alike.

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