1277 Burke Road, Kew VIC 3101

Completed boutique block | General Residential Zone | 17 apartments on 880m² | Owner-occupied tenure 3-6 years. This property offers a rare combination of a completed, low-rise apartment building on a generous 880m² site in a high-demand suburb, with a design by JAM Architects that signals quality. The owner-occupier tenure pattern,80% held between three and six years,indicates a stable, non-investor community, which typically supports better building care and quieter living. For a buyer seeking a turnkey investment or a secure foothold in Kew, the absence of heritage or flood overlays and the 5G coverage remove common friction points. The configuration serves best a buyer wanting a low-maintenance position in a proven location, with Deepdene Primary and Kew High School zoning adding family appeal. The primary risk is the lack of recent sales data and the 138-day lease period on the last rental, which suggests the rental market here may be slower than expected. The 2020 completion date means the building is past the defect-prone early years, but the 59% building coverage and 14m height limit future expansion or redevelopment potential. For a buyer, the opportunity lies in acquiring a unit below the historical $950,000 sale price, using the stable owner-occupier base to secure consistent capital growth. Hold this property as a long-term residential hold, leveraging the school zone and low-rise character for steady demand.