Strategic Investment Opportunity in Growing Glenvale - Secure Income & Future Upside

Positioned in a quiet and convenient pocket of Glenvale, this spacious and well-maintained home at 38 Shelby Street presents an outstanding opportunity for savvy investors seeking long-term growth.

Set on a large 535m2 block with a welcoming east-facing entrance, the home offers 211m² under roof and features a well-designed floorplan with multiple living spaces, providing flexibility and comfort for modern living.

A standout feature of this property is the quality tenants already in place, with a secure tenancy agreement through to January 2027 and current rental return of $600/week, allowing investors to enjoy immediate rental income and long-term stability.

Adding even greater appeal is the property's proximity to the proposed Glenvale Town Centre, which will be within walking distance. This major development is set to enhance local amenities, convenience, and overall desirability of the area, further strengthening the property's future value and investment potential.

Key Features:

• Great size block in a growing Glenvale location
• East-facing entrance
• Approximately 211m² under roof, featuring multiple living areas with a practical layout
• Excellent tenants in place until January 2027
• Walking distance to the future Glenvale Town Centre development
• Fantastic set-and-forget investment opportunity

With strong tenancy, generous proportions, and exciting future development nearby, this property represents a smart addition to any investment portfolio.

Rates Approximately $1,291.58 per half year
Water Access Rates Approximately $377.41 per half year

Explore the area

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School catchments

Glenvale Christian School Primary Prep-6 Independent 0.47km
Glenvale State School Primary Prep-6 Government 0.70km
Darling Downs Adventist College Combined Prep-12 Independent 1.4km
Queensland Pathways State College - Toowoomba Campus Secondary Government 2.7km
Fairview Heights State School Primary Prep-6 Government 2.9km
Wilsonton State School Primary Prep-6 Government 3.0km
St Francis Catholic College, Westbrook Combined Catholic 3.4km
Our Lady of Lourdes Primary School Primary Prep-6 Catholic 3.5km
Wilsonton State High School Secondary 7-12 Government 3.5km
Concordia Lutheran College Combined Prep-12 Independent 3.6km
Concordia Lutheran College - Concordia Primary Campus Primary Independent 3.6km
Newtown State School Primary Prep-6 Government 3.7km
The Glennie School Combined Prep-12 Independent 3.8km
Harristown State High School Secondary 7-12 Government 3.9km
Sacred Heart Primary School Primary Prep-6 Catholic 3.9km
Harristown State School Primary Prep-6 Government 4.0km
St Anthony's School Primary Prep-6 Catholic 4.1km
St Ursula's College Secondary 7-12 Catholic 4.3km
St Mary's College Combined 5-12 Catholic 4.5km
St Saviour's College Secondary 7-12 Catholic 5.7km
The Industry School - Toowoomba Secondary 10-12 Independent 5.7km
Downlands College Combined Prep-12 Catholic 6.5km
Toowoomba State High School Secondary 7-12 Government 6.8km
Centenary Heights State High School Secondary 7-12 Government 7.0km
Highlands Christian College Combined Prep-12 Independent 7.0km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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