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58 John Street,
Glenroy 3046, Victoria

8 bedrooms
4 bathrooms
4 car spaces
839m² land size
Block of Units

$1,554,000

Property details

A Landholding of Exceptional Scale and Scope

Iby Ramaihi proudly presents...

This is a rare and exceptional landholding opportunity, uniquely suited to savvy investors. Comprising four units on a single title, this remarkable property boasts a significant market presence in a sought-after creekside location. What truly sets this offering apart is its impressive rental return, currently generating $101,000 per annum. This lucrative income stream presents a compelling opportunity for long-term financial growth and stability, making it an outstanding addition to any investment portfolio.

With a scale and scope that will not be found anywhere else, purchasers can expect substantial capital growth and the benefit of long-term rental yields in an area favoured by families.

The four units share a similar blueprint, comprising two bedrooms, formal living, and a kitchen/meals area. The second unit has been favourably renovated.

An unmissable opportunity of exceptional significance, the site is placed within walking distance of Belle Vue Park Primary School and Rupert Wallace Reserve, while also placing key amenities moments from the door, including East & West Street shops, Gowrie train station, Ilim College, and Glenroy station village.

Highlights
Rare landholding opportunity
Significant scale and scope
Four units for sale
Four properties, one title
Remarkable rental yields
Family-friendly pocket
Establish market presence
Various ownership options

All property information has been provided to Ray White by third parties. While Ray White strives for accuracy, we have not verified this information and do not guarantee its accuracy or completeness. Interested parties should conduct their own inquiries regarding this property.

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.

Due diligence checklist for home and residential property buyers.

Explore the area

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School catchments

  • Belle Vue Park Primary School Primary Prep-6 Government 0.38km
  • St Thomas More's School Primary Prep-6 Catholic 1.0km
  • Ilim College - Glenroy Campus Combined Independent 1.2km
  • Glenroy Private Combined Prep-12 Independent 1.5km
  • Sirius College Combined Prep-12 Independent 1.8km

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.

Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.

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