8/3 Studley Park Road
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About this property
This very spacious studio apartment located in a boutique, low-rise building is securely leased to Comfy Kew Apartments and provides a great investment opportunity. Fully furnished throughout, this beautifully appointed apartment features a full-length balcony overlooking the leafy surrounds and sleek kitchen with refrigerator, cooktop and ample storage. Other features include an airy ensuite bathroom, built-in wardrobe and desk with storage, split system air-conditioning/heating and one car space on title. Guests enjoy the convenience of daily housekeeping and complimentary wireless Internet. Conveniently located near Kew Junction with vibrant, cosmopolitan shopping and restaurants just a short walk away. The apartment is perfectly situated within close proximity to Studley and Yarra parklands and an easy CBD commute by car or tram. Currently leased for a 5-year term, providing excellent returns and increases. The property is currently achieving a rental return of $11,781.96 per annum, with 3% rental increases per annum. Don't miss this opportunity to own a secure and impeccably maintained investment in one of Melbourne's top performing suburbs. Contact Katie Di Natale to arrange a private inspection or for further information on (03) 9816 4722.
Property Details
- Property Type
- studio
- Listing Type
- For Sale
- Bathrooms
- 1
- Parking
- 1
- Listed
- 3 months ago
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Neighbourhood
Living in Kew
This studio in Kew, VIC 3101 sits within reach of public transport, local shops and nearby schools. It is listed 92% below the $2.35m median of 54 comparable studioswithin 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
- Kew Junction/Studley Park Road (bus) — 40 m away
- Kew Accident Repair Centre — 100 m away
- Dorothy Rogers Reserve — 65 m away
- Cresco Reserve — 70 m away
- Fenton Reserve — 253 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.
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Suburb market
Suburb price trend
Kew price trend
Median sold · House 3 bed
Compound growth -2.5% / yr over 4 yrs
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Price history
Listing price changes
1 price change recorded for this property
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