Exceptional Investment Opportunity - Potential for Four Separate Income Streams

Positioned in a convenient and rapidly growing pocket of Broadmeadows, 15 Glen Allan Street presents a rare opportunity for savvy investors seeking strong rental returns and flexible accommodation options. Set on a generous allotment, the property offers a versatile layout that can comfortably cater to multiple occupants, creating the potential for up to four separate income streams.

The main residence comprises multiple well-sized bedrooms, a functional kitchen, spacious living and dining areas, and updated bathrooms, providing comfortable living for tenants or extended family. Adding significant value is the separate studio accommodation at the rear, complete with its own kitchen and bathroom, ideal for independent living or additional rental income. With clever leasing arrangements, investors can capitalise on the flexible floor plan to maximise returns.

Outside, the property features a large undercover entertaining area, garage, carport, and ample off-street parking, along with a generous backyard offering further scope to enhance or develop in the future (STCA). Conveniently located close to Broadmeadows Central, schools, parklands, public transport, and major arterial roads, this property represents a high-yield investment with enormous upside.

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

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School catchments

Penola Catholic College Secondary 7-12 Catholic 0.34km
St Dominic's School Primary Prep-6 Catholic 0.81km
Meadows Primary School Primary Prep-6 Government 0.88km
Glenroy Private Combined Prep-12 Independent 0.88km
SEDA College (Victoria) - Basketball Broadmeadows Secondary Independent 1.1km
Corpus Christi School Primary Prep-6 Catholic 1.3km
Hume Central Secondary College Secondary 7-12 Government 1.3km
Broadmeadows Valley Primary School Meadowfair North Campus Primary Government 1.4km
Broadmeadows Valley Primary School Primary Prep-6 Government 1.4km
Roxburgh College-The Gateway School Secondary Government 1.4km
Hume Central Secondary College-Dimboola Road Campus Secondary Government 1.4km
Broadmeadows Primary School Primary Prep-6 Government 1.5km
Sirius College Combined Prep-12 Independent 1.5km
Glenroy Central Primary School Primary Prep-6 Government 1.5km
Hume Central Secondary College-Blair Street Campus Secondary Government 1.6km
Glenroy College Secondary 7-12 Government 1.6km
Hume Central Secondary College-Hume Central English Language Campus Secondary Government 1.7km
My College Combined Prep-7 Independent 1.8km
Glenroy West Primary School Primary Prep-6 Government 1.9km
Gladstone Views Primary School Primary Prep-6 Government 2.0km
Penola Catholic College - Glenroy Campus Secondary Catholic 2.3km
Belle Vue Park Primary School Primary Prep-6 Government 2.3km
Sirius College - Meadow Fair Campus Combined Independent 2.3km
Ilim College - Kiewa Campus Combined Independent 2.5km
Gladstone Park Secondary College Secondary 7-12 Government 2.6km

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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