Back 24/3 Studley Park Road
Off Market

24/3 Studley Park Road

Kew VIC 3101

1
1
Apartment
Jenny ZhangJenny Zhang, last sold this property on 09 December 2025 after 91 days on market.

Overview

Secure Investment with Long-Term Returns in the Heart of Kew

An exceptional opportunity presents itself with this fully furnished apartment in the tightly held inner-east. Currently leased to a successful hotel operator, the property provides investors with a fixed rental return and the peace of mind of a long-term agreement. This “set and forget” opportunity is designed for those seeking reliable income with minimal ongoing management. The apartment itself is immaculately presented and surprisingly spacious, featuring light-filled open-plan living and sleeping quarters, a sleek straight-line kitchen with stone benchtops and ample storage, and a modern bathroom with quality fittings and tiled finishes. Comfort is further enhanced by reverse-cycle heating and cooling, while the property is offered fully furnished to ensure consistent returns from day one. Positioned just metres from Kew Junction, residents and guests enjoy a vibrant lifestyle with an array of cafés, restaurants, and Leo’s Fine Food & Wine supermarket within easy reach. Scenic Studley Park and the Yarra River offer nearby green escapes, while Glenferrie Road shops, Richmond and Abbotsford’s trendy dining hubs, excellent tram and bus connections, and Hawthorn Station are all close by. Easy access to the Eastern Freeway further strengthens the convenience of this location. Backed by a secure lease with reliable rental yields, this apartment represents a cornerstone addition to any investment portfolio. Combining low-maintenance ownership with strong income potential, it is a rare chance to secure an asset in one of Melbourne’s most desirable inner-eastern suburbs.

Features

1 bedroom
1 bathroom
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Kew over the last 12 months, the estimated median property value of 24/3 Studley Park Road is $365k.

Median value
$365k
Estimated value range
$120k - $520k
Median days on market
23
Estimated value trend
-19%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Kew. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 24/3 Studley Park Road

2025
Sold
Undisclosed
09 Dec 2025 by Jenny Zhang, of Buxton Balwyn Canterbury
2023
Sold
Undisclosed
Private Sale/Treaty on 04 Feb 2023 by Charlene Alperez

Happy sellers in Kew

72%
72% of sellers in Kew reported that their sale price either exceeded or met their price expectations.

Kew stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 20 reviews in Kew over the last 12 months.

Local market activity for 1 bedroom apartments in Kew

In the last 12 months, 24 one-bedroom apartments similar to 24/3 Studley Park Road, have been sold.

This represents a 18% increase in one-bedroom apartments sales when compared to the previous 12 months.

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