97 Cotham Road, Kew, VIC 3101

Retail | Offices

Sold

  • Property ID: 428422
  • Floor Area: 163m²
  • Land Area: 298m²
  • NBN Availability: Service Available - Fibre to the curb (FTTC)
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Sold 31/07/2023 163m2 298m2 Contact Agent
RETAIL AND RESIDENCE - WHY NOT BOTH?

POINT OF INTEREST:

This retail building is a rare find, with a prominent frontage on busy Cotham Road directly opposite the Glenferrie Road tram terminus. Totaling 298 sqm* land area and 163 sqm* building area, it is suitable for a variety of uses including living — with a recently renovated, private residential dwelling occupying the first floor. The two-bedroom, one bathroom residence provides ample quarters for a small family or is the perfect offering for those who seek the convenience of living and working under the one roof. Speaking of working, the 99 sqm* ground floor retail space has also recently been renovated, with heating and cooling throughout, rear north-facing courtyard and ample land for parking via the rear laneway. A prime location, the site is sandwiched nicely between both the Eastern and Monash Freeways, just 2.75 km* and 4.65 km* away respectively, and 1.57 km* up Glenferrie Road from the railway station.

- Total land area 298 sqm*.
- Ground floor retail area 99 sqm*.
- First floor private residence 64 sqm*.
- Rear access & parking via Ridgeway Avenue.
- Flexibility to occupy all or part lease out.
- Favourable Commercial 1 Zoning.
- 2.75 km* to the Eastern Freeway.
- 4.65 km* to the Monash Freeway.
- 1.57 km* to Glenferrie Railway Station.

POINT OF VIEW:
Flexibility. With the retail and the residence being separately contained with dual access, the decision to occupy the entire floor plan or set up shop and lease out the rest is entirely up to you.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: At settlement
  • Car Spaces: Park at the rear
  • Condition: Good
  • Air Conditioning: Yes
  • Floors: Concrete/Floorboards
  • Lifts: n/a
  • Height: 2.7 meters approx.
  • Age: tba
  • Car Parking Fees: N/A
Outgoings
  • Water Rates: $1,114 approx. pa + GST
  • Land Tax: $3,775 approx. pa + GST (Single Holding)
  • Council Rates: $2,312 approx. .pa + GST
  • Owners Corp. / Insurance: $1,000 approx. pa + GST
Kew Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $296 ---
Retail --- $438 ---
Offices $5123 $651 12.71%
This is the average advertised price, rent and yield for Kew, VIC 3101*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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