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138-140 High Street, Kew, VIC 3101
Prime Kew Freehold – 7 Tenants, 7 Income Streams, One Blue-Chip Investment
McGrath Blackburn is delighted to offer For Sale 138–140 High Street, Kew via Public Auction on-site Wednesday 8th October 2025 at 12:00pm (AEST).
Commanding 11.1 metres* of prime High Street frontage, this blue-chip Kew Junction freehold delivers seven diversified income streams, strong rental upside, value-add potential and future development scope (STCA) – a true "set & forget" investment in one of Melbourne's most tightly held commercial precincts.
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
• Outstanding rental growth and capital appreciation with future development potential (STCA)
• On-site secure garage with direct access to council parking via the rear laneway
• Minutes from Melbourne's elite schools – Carey, Camberwell Grammar, MLC, Xavier, Genazzano – Kew' 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
Chris Manolopoulos +61 439 478 825
Commanding 11.1 metres* of prime High Street frontage, this blue-chip Kew Junction freehold delivers seven diversified income streams, strong rental upside, value-add potential and future development scope (STCA) – a true "set & forget" investment in one of Melbourne's most tightly held commercial precincts.
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
• Outstanding rental growth and capital appreciation with future development potential (STCA)
• On-site secure garage with direct access to council parking via the rear laneway
• Minutes from Melbourne's elite schools – Carey, Camberwell Grammar, MLC, Xavier, Genazzano – Kew' 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
Chris Manolopoulos +61 439 478 825
Property Info
Municipality
Kew
AUCTION
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McGrath Blackburn Blackburn
17 Blackburn Road
Blackburn, VIC 3130
Tel: +61398771277
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Nicholas Conroy
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