Kew landholding, Butleigh Wootton, sold by Savills
Kew's Butleigh Wootton has been sold.
The property at 867 Glenferrie Road, had been listed through Savills.
Savills sold the 2,836 sqm holding for an undisclosed price to a local buyer.
Butleigh Wootton, a Kew Icon had been listed by mortgagees with an indicative selling price of $10 million to $11 million.
It is offered by Clinton Baxter and Nick Peden from Savills.
Located at 867 Glenferrie Road, the 1880's mansion over three levels comes with seven bedrooms, large commercial kitchen and extensive wine cellaring.
It is only a short walk from the bustling Glenferrie Road retail precinct with trams, trains and buses nearby.
With 19 on-site car spaces, this property provides unlimited potential and would ideally suit education, medical, hospitality, residential or entertainment/leisure uses.
The suburb's median house price is 2.2 million, according to CoreLogic.
It is one of Melbourne’s most important 1880’s mansions and was most recently used as a residence, with a long history as a successful reception centre.
The expansive residence set over three levels featuring seven bedrooms, large commercial kitchen and extensive wine cellaring has a full 36m of Glenferrie Road frontage.
Just a short walk from the Glenferrie Road retail precinct with trams, trains and buses nearby.
With 19 on-site car spaces and significant surplus land, this property provides a great deal of potential and could suit education, medical, hospitality, residential or entertainment/leisure uses.
