125-127 Edgevale Road, Kew, Vic 3101

Huge four-in-one investment opportunity

Set within a prime residential pocket of highly coveted Kew, this monumental investment opportunity boasts a stylish light-filled townhouse, spacious family home, charming original cottage and large double garage/workshop, all on a single title of approx. 738sqm in one of the east side’s most desired locales.

The two-bedroom townhouse enjoys convenient street frontage, showcasing soaring 4m ceilings in the spacious lounge with electric block-out blinds and both bedrooms with new 2.4m tall wardrobes. The kitchen includes modern appliances and under tile heating while still incorporating the original cedar window panes and solid oak entry doors. The bathroom flaunts a modern fit out with a Kaldewei bathtub, toilet, washbasin and feature tile wall. This fully electric townhouse also offers a well-equipped Euro laundry, alarm system, ceiling fans and Daikin reverse cycle air conditioning. The private rear garden adds securely gated entry, a washing line and a cosy area to dine or garden.

The four-bedroom 1920s red brick home flaunts tall 3.6m ceilings and original Kauri timber floors. Previously extended and renovated, the well-proportioned interior has a fantastic sense of space throughout. The huge 45sqm rumpus room serves as a large bedroom, studio or oversized lounge with original 3m window and electric block-out blinds. All bedrooms feature new full-wall 2.4m wardrobes, while bathrooms shine in white gloss porcelain with new toilet and vanity (double vanity and under tile heating to the ensuite). Extras include a large laundry, alarm system, Ethernet router, instant gas hot water, gas ducted heating and ducted evaporative cooling. A private backyard completes the home with slate paving, large north-facing lawn and secure rear entry gate.

The comfortable 1930s weatherboard cottage is a two-bedroom delight with private lawn. A new ceiling fan cools the first bedroom, while the bathroom is renovated with a new toilet and tiling. Further highlights include split system air con, gas cooking, gas hot water and updated wiring with a new switchboard. Completing the block is the 5.1m wide double garage with a Gliderol remote-control roller door and galvanised roof with timber frame. Accessed via a quiet laneway on the corner of Stirling Street and Doona Avenue, you benefit from easy reverse entry and potential for deeper tandem parking of up to 4 cars.

Rental returns for the full block are projected to reach approximately $114,088 per annum, with earnings spread over the townhouse ($30,160 at $605/week until Mar 2026), a single bedroom plus ensuite in the main home ($13,032 at $250/week), the remainder of the main home ($39,000 at $750/week until Aug 2025), the cottage ($24,096 at $463/week), and potential rental income for the double garage and laneway access ($7,800 at $150/week).

All of this enjoys an idyllic tree-lined address, just a stroll to the local café or to city trams on Cotham Road. Shop and dine on buzzing Glenferrie Road or in bustling Kew Junction, with a range of esteemed schooling options including Xavier College, Methodist Ladies’ College, Trinity Grammar and Swinburne University. Trams and trains make for effortless transport into the CBD, with easy access to serene local parkland, Yarra River trails and Eastern Freeway entry.