Back 8/19 Walpole St
Off Market

8/19 Walpole St

Kew VIC 3101

2
2
2
Apartment
Last sold for $552,000
Hsiu ChenHsiu Chen, last sold this property on 31 October 2016 after -46 days on market.

Overview

SECURE INVESTMENT 5.9% ROI

This spacious 2 bedroom apartment is a secure investment opportunity with Quest Apartments as the lead tenant for the building. Leased until 30th April 2019 and with a further option of a further 5 year term, it is currently returning $25,462.71pm with fixed 5% increases per annum, this is a set and forget investment! Tenant pays for OC fees (exc Maintenance fund) and water usage as part of the lease. Featuring a fully equipped kitchen with a spacious open-plan living and dining room flowing out to a generous size balcony. Two double bedrooms both with BIR's and main with ensuite, central bathroom and laundry. Further facilities include 2 basement car parks, onsite manager, communal pool, BBQ area and onsite manager. Centrally located just 6km to the CBD, a short stroll to Kew junction and public transport. Inspection via Private Appointment. Nelson Alexander Pty Ltd

Features

2 bedrooms
2 bathrooms
2 carspaces
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Kew over the last 12 months, the estimated median property value of 8/19 Walpole St is $645k.

Median value
$645k
Estimated value range
$480k - $1.14m
Median days on market
25
Estimated value trend
-1%
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 8/19 Walpole St

2016
Sold
$552,000
Private Sale/Treaty on 31 Oct 2016 by Hsiu Chen, of Nelson Alexander Kew

Happy sellers in Kew

59%
59% 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 2 bedroom apartments in Kew

In the last 12 months, 84 two-bedroom apartments similar to 8/19 Walpole St, have been sold.

This represents a 27% increase in two-bedroom apartments sales when compared to the previous 12 months.

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