139 Cotham Road, Kew VIC 3101

Subdivided land in Kew | Architect-designed plans available | Premium 899sqm site | Quiet Ermington Place frontage This property offers a rare combination of a generous 899sqm site in a blue-chip Kew address with pre-prepared architectural plans for a four-bedroom contemporary residence. The subdivision into two lots means the buyer acquires a ready-to-develop parcel with council-approved demolition history and a design from CHT Architects that can be submitted for approval. The location on leafy Ermington Place provides privacy and prestige, while the absence of bushfire or flood overlays reduces approval complexity. This suits a buyer seeking a turnkey development opportunity in a high-demand suburb with strong school catchments and established infrastructure. The key risk is that the architect plans and subdivision approvals are not yet finalised, meaning the buyer assumes the cost and timeline risk of council consent. The adjacent heritage overlay on the original property may impose design constraints, and the 88% building coverage on the neighbouring lot suggests density limits could be tight. The off-market status of the main lot means pricing transparency is limited, and the 2022 sale price is undisclosed. The opportunity lies in acquiring a premium site below replacement cost in a market where similar vacant land is scarce. Hold for development and sell upon completion, or build and hold for long-term capital growth in Kew’s tightly held housing market.