Property Details: • Type: Apartment / Unit / Flat

• Bedrooms: 1 • Bathrooms: 1

Description: One-on-one inspection available upon request. Please note that this property is strictly a commercial investment vehicle sold subject to a long-term tenancy with options extending up to 2035; as a commercially zoned serviced apartment, it is not available for vacant possession and cannot be occupied as a private residence by a home buyer. Astute investors seeking a hands-off, high-yielding cash flow asset need look no further than this premium serviced apartment in Kew. The property boasts a secure commercial lease featuring guaranteed 4% fixed annual rent increases, currently returning $18,541.79 per annum and jumping to $19,283.46 per annum from May 1, 2026. Investors can easily calculate their net returns with transparent, known annual costs: Council Rates at $1,078.95 , fixed Water Rates of approximately $1,181.72 , Owners Corporation Fees of $3,091.81 , and Land Tax of $975.00. Disclaimer: These figures are based on the provided documents and are subject to change, so always verify final amounts within the contract and vendor statement/section 32. Secure a foothold in one of Melbourne's most highly sought-after suburbs with this low-maintenance, high-appeal studio apartment. Located at the epicenter of Kew Junction, this property is a textbook blue-chip investment offering exceptional tenant demand and long-term capital growth potential. Currently operating with professional management in place, this is a truly hands-off investment. The spacious studio floorplan is thoughtfully appointed to attract quality tenants, featuring a modern kitchenette, a pristine bathroom, split-system heating/cooling, and the rare advantage of a secure, dedicated car space. Key Investment Drivers: Elite Education Hub: Surrounded by prestigious institutions like Xavier College, Trinity Grammar, and Methodist Ladies' College. Unbeatable Transit: Doorstep access to tram and bus networks connecting directly to the Melbourne CBD, St Kilda, and Doncaster. Lifestyle Amenity: Footsteps from Kew Junction's bustling retail and hospitality precinct, ensuring a highly desirable lifestyle for occupants. Recreation: Immediate proximity to the Yarra River and Studley Park parklands. Whether retained as a lucrative long-term rental or utilized as a private city pied-à-terre, this property represents a secure, strategic acquisition in a prestige postcode.