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2 Denmark Street, Kew$3.77m

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2 Denmark Street

Kew, VIC 3101, Australia

$3.60m – $3.95m

7 bed 6 bath 6 car1357 m²

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Listing description

About this property

Positioned on a highly prominent corner at the intersection of Denmark Street and Barkers Road, this tightly held Victorian property represents a rare blue-chip investment opportunity within an established inner-city precinct and only 8km from Melbourne CBD. The substantial red-brick, two-level building offers immediate presence, strong holding appeal and significant long-term upside. Set on an expansive landholding of approximately 1,357sqm, the property features a versatile internal configuration comprising five principal rooms within the main building, together with three fully self-contained rooms at the rear, each with independent access. This layout provides flexibility for interim income, adaptive re-use or future repositioning, subject to council approval (STCA). Held in the same ownership for over 45 years, assets of this calibre, scale and corner exposure are seldom offered to the market. The combination of a landmark building, substantial land content and premium location underpins strong future value, making this an exceptional opportunity for investors seeking a secure long-term hold with redevelopment potential (STCA).

Property Details

Property Type: house
Listing Type: For Sale
Bedrooms: 7
Bathrooms: 6
Parking: 6
Land Area: 1357 m²
Listed: 2 months ago

Repayment calculator

$18,301/month

$9,151 /fortnight

Loan $3,020,000 at 6.10% over 30 years

Upfront costs

Deposit$755,000

Stamp duty$225,375

Conveyancing (est.)$2,000

Total upfront$982,375

Verify with VIC revenue office →

Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Kew

This 7-bedroom house in Kew, VIC 3101 sits within reach of public transport, local shops and nearby schools. It is listed 202% above the $1.25m median of 56 comparable houseswithin 5 km.

Schools near Kew

Carey Baptist Grammar Schoolcombined · Prep-12 · CoEd
Genazzano FCJ Collegecombined · Prep-12 · Girls
Methodist Ladies' Collegecombined · Prep-12 · Girls
Preshil, The Margaret Lyttle Memorial Schoolcombined · Prep-12 · CoEd
Preshil, The Margaret Lyttle Memorial School - Blackhall-Kalimna Preshil Senior Schoolcombined
Ruyton Girls' Schoolcombined · Prep-12 · Girls

What's nearby

Stop 31: Stevenson Street (tram) — 389 m away
Kew Accident Repair Centre — 539 m away
Foley Reserve — 230 m away
Stevenson Street Reserve — 384 m away
Smart Street Reserve — 574 m away

Kew at a glance

Full suburb profile

Population: 24,499
Median age: 41
Household income: $2,497/wk
Median rent: $476/wk
Median mortgage: $3,000/mo

Source: ABS Census.

Due diligence

Property Report

Lifestyle & access

Schools

7 nearby schools

Catchment: Kew Primary School

Public transport

10 stops within 1.5km

Nearest: Kew Junction/Princess Street (0.7km)

Traffic

Moderate congestion

Peak hour congestion (7-9 AM and 4-6 PM) typically affects Mountain Highway and Cotham Road as commuter routes to the CBD and surrounding areas. Local residential streets experience moderate increases in traffic during these periods.

Noise

High noise

Nearest: road (0.0km)

Risk & safety

Flood risk

Medium

Kew sits adjacent to the Yarra River, which has a well-documented flood history and is the primary flood risk driver for the suburb. Parts of Kew fall within Victoria's Land Subject to Inundation Overlay (LSIO), reflecting the 1% Annual Exceedance Probability (100-year) flood extent. Properties in or near the overlay are subject to planning controls and may require mitigation measures such as elevated construction or flood-resistant design.

Bushfire risk

Low

BAL: BAL-LOW

Crime profile

below average

Trend: stable

Planning & context

Zoning

GRZ1 — General Residential Zone - Schedule 1

Boroondara Planning Scheme

Nearby development

5 projects nearby

Kew is experiencing steady inner-east Melbourne infill development, with approved residential apartment and townhouse projects reflecting demand for medium-density housing close to established shopping precincts and transport. Council DA activity centers on heritage-sensitive streetscape renewal, mixed-use retail precinct upgrades along Cotham Road, and active transport infrastructure connecting to broader metro networks. Development pressure remains moderate compared to adjacent suburbs, constrained by heritage overlays and established residential character.

Heritage

Heritage listed

Kew is an inner-eastern Melbourne suburb with substantial heritage character, featuring Victorian and Edwardian residential architecture. The area is covered by Heritage Overlay controls and contains several state and locally-significant properties, reflecting its established residential character from the late 19th and early 20th centuries. Many properties are subject to planning restrictions protecting their heritage fabric and streetscape character.

Sources: Australian Gov open data, OpenStreetMap + StMate AI

Disclaimer: This report combines data from Australian Government open data portals (CC-BY 4.0) and StMate AI. For non-NSW properties some sections (zoning, flood, bushfire, development, heritage) are AI-generated based on publicly known suburb characteristics — always verify with the relevant council or authority before making decisions. This report does not constitute legal, financial, or planning advice.

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