Circa 8% Yield. Invest in Diversity, Reap the Rewards.

Sale Details

Sold on 31 Mar 2026 for $5,550,000

Description

POINT OF INTEREST:

A chance to secure a high-performing commercial asset in the vibrant heart of Melbourne’s northern growth corridor. Perfectly positioned directly opposite the newly redeveloped, state-of-the-art Glenroy Railway Station, this prominent two-level office building offers exceptional exposure and accessibility.

Delivering a strong annual income of $460,119.00, the property benefits from a well-balanced and diverse tenancy mix, including numerous established operators in the medical and healthcare sectors — ensuring both income stability and long-term growth potential.

- 2,628 sqm* of total building area (Including secure ground floor car park area of 983 sqm*)
- Rental return of $460,119.00 per annum.
- 1,330 sqm* of Commercial 1-zoned land.
- An impressive 22-metre* street frontage.
- Directly opposite Glenroy train station.
- Childcare Centre neighboring the property.
- Office Suites: 22 self-contained spaces with private toilets, kitchenettes, and ample natural light—ideal for professionals such as accountants, consultants, health practitioners, and boutique agencies.
- Secure parking for 40 vehicles.
- Dual Street Frontage and access providing accessibility and exposure.
- Depreciation advantages strengthen the property’s investment profile.


POINT OF VIEW:

Where Location Works Overtime — Glenroy’s Premier Commercial Investment.

*Approx.
Pricing excludes GST