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Back 50 Princess St
Off Market

50 Princess St

Kew VIC 3101

5
2
2
1373 m²
House
James TostevinJames Tostevin, last sold this property on 17 November 2017 after 30 days on market.

Overview

Rare and Outstanding - 1,373sqm approx. of Pure GRZ-3 Potential

Rarely does a property of this size spanning 1,373sqm approx. with exceptional investment potential become available in such an excellent Kew location near the highly regarded Studley Park precinct; within an easy stroll of Kew Junction shopping including Leo's Fine Foods, Toscanos, cafes, restaurants and transport options. Plus the prized Studley Park precinct and Yarra Parklands with easy access to an excellent selection of schools including the prestige private school precinct and the CBD, Yarra Valley or Mornington Peninsula via the Eastern Freeway. The property to be sold as one is occupied by semi-detached two-storey Victorian homes c1890 plus three rear spacious, contemporary two-storey townhouses built in 1999 which are in excellent condition, currently leased out and have intercom entry plus rear lane access from Brougham Street. The Victorian building has been divided into a two-storey home on the south side and two apartments on the north side. All of which require renovation and offer the new owner with the option of updating them, owner occupying the home, converting to one home or alternatively the property could provide a magnificent new luxury home site if desired (STCA). The home features period attributes and is currently configured downstairs bedroom, dining room, informal living, well appointed granite/Euro kitchen/meals, powder room, laundry+WC. Includes verandah, courtyard garden OFPs, tandem garage and off-street parking. Whilst upstairs has a further three bedrooms kitchen area and a family bathroom. The two apartments are almost identical offering two bedrooms, bathroom, dining, sitting, study, kitchen/meals and deck or patio. The two-storey townhouses 1 & 2 are similarly configured with private front & back courtyards, three bedrooms, main with ensuite, family bathroom, sitting room, kitchen/meals, laundry, powder room, ducted heating & cooling plus garage. Whilst the two-storey town residence has four bedrooms, main with ensuite, family bathroom, kitchen/meals, powder room, laundry, ducted heating & cooling, northern alfresco plus garage and visitor parking. Land size: 1,373sqm approx.

Features

5 bedrooms
2 bathrooms
2 carspaces
1373 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Kew over the last 12 months, the estimated median property value of 50 Princess St is $2.75m.

Median value
$2.75m
Estimated value range
$1.2m - $8.15m
Median days on market
37
Estimated value trend
-16%
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 50 Princess St

2021
Rented
Undisclosed
Leased on 08 Jul 2021 by Jellis Craig - Glen Iris
2019
Rented
Undisclosed
Leased on 17 Oct 2019 by Jellis Craig - Glen Iris
2018
Rented
Undisclosed
Leased on 11 Jul 2018 by Jellis Craig - Glen Iris

Happy sellers in Kew

56%
56% 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 18 reviews in Kew over the last 12 months.

Local market activity for 5 bedroom houses in Kew

In the last 12 months, 45 five-bedroom houses similar to 50 Princess St, have been sold.

This represents a 28% increase in five-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Kew

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Sophie Su

Sophie Su is an award winning recommended agent for Kew.  They have 14 local sales and collected 6 local reviews across the last 12 months.

  •   5   (279 reviews)
  •  6 Reviews in Kew
  •  14 Sales in Kew
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Andrew Gibbons

Andrew Gibbons is a recommended agent for Kew.  They have 3 local sales and collected 3 local reviews across the last 12 months.

  •   4.8   (31 reviews)
  •  3 Reviews in Kew
  •  3 Sales in Kew
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Nick Fletcher

Sellers who recommend Nick Fletcher have praised them for being clear communication, local expert, honest, reliable, supportive, friendly and responsive

  •   4.9   (142 reviews)
  •  2 Reviews in Kew
  •  5 Sales in Kew
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Tim Heavyside

Sellers who recommend Tim Heavyside have praised them for being local expert, clear communication, reliable, supportive, great team, friendly and honest

  •   4.9   (1225 reviews)
  •  2 Reviews in Kew
  •  2 Sales in Kew
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