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3/78 Chapman Avenue,
Glenroy 3046, Victoria

2 bedrooms
1 bathroom
1 car space
Unit

Price withheld

Property Price Statement

Property details

Premium Multi-Unit Opportunity in the Heart of Glenroy

An exceptional offering in one of Glenroy's most convenient and well-connected pockets, this impressive allotment presents a rare opportunity to secure five residences all on their own titles, perfect for investors, developers, or savvy buyers seeking strong returns and long-term growth.

Set on a substantial corner parcel of land, measuring 1,154 sqm, 1-5/78 Chapman Avenue showcases a thoughtfully designed multi-dwelling site with excellent layout, accessibility, and street presence. Whether you're looking to expand your portfolio or explore future development potential (STCA), this is an opportunity that ticks all the boxes.

Each residence offers comfortable living zones, well-proportioned bedrooms, and functional layouts suited to modern lifestyles, making them highly appealing for tenants and owner-occupiers alike.

Currently all properties are leased and have been fully self managed by the current owners for over 40 years. Currently returning approx. $120,000 PA, we believe this return can immediately be increased by over approximately 10% or more.

Key features include:
• Five units on seperate titles - outstanding investment potential
• Generous land allotment with excellent site layout
• Strong rental appeal and multiple income streams
• Scope for future enhancement or redevelopment (STCA)
• Off-street parking and practical design across the site

Positioned in a thriving Glenroy location, you're just moments from local shops, schools, parklands, and public transport, ensuring consistent demand and long-term value.

Opportunities like this are incredibly rare-secure a high-performing asset in a rapidly growing suburb.

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 pro

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

Static map image for property View in Google Maps

School catchments

  • Glenroy West Primary School Primary Prep-6 Government 0.31km
  • Corpus Christi School Primary Prep-6 Catholic 1.0km
  • Glenroy Central Primary School Primary Prep-6 Government 1.2km
  • Oak Park Primary School Primary Prep-6 Government 1.2km
  • St Francis de Sales School Primary Prep-6 Catholic 1.7km

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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