1-5/1 L'Estrange Street, Glenside, SA 5065 | BlockOfUnits for sale | OnTheHouse
 
FOR SALE
Auction Wed 28/10 onsite at 6:30pm (USP)

1-5/1 L'Estrange Street
Glenside SA 5065

Bedrooms: 10
Bathrooms: 5
Car spaces: 5
Land area: 1282m2
Improve this data
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

Rare City Fringe Investment - Five Renovated Solid Brick Units on 1,282sqm!

*For an in-depth look at this property, click on the 3D tour for a virtual walk-through or copy and paste this link into your browser*
Virtual Tour Link: https://shorturl.at/82Cfy
Auction Wednesday the 28th of October, onsite at 6:30pm (Unless Sold Prior)
Property must be Sold, Under Vendor instructions the property is being offered with no Price Guide. A list of relevant Sales and a copy of the Certificate of Title is accessible in the following link: https://vltre.co/kH9Ane
To submit an offer, please copy and paste this link into your browser: https://www.edgerealty.com.au/buying/make-an-offer/
Mike Lao, Brendon Ly and Edge Realty RLA256385 are proud to present to the market an exceptional investment opportunity comprising five fully renovated solid brick units on an expansive 1,282sqm (approx) single Torrens Titled allotment, positioned merely minutes from the Adelaide CBD in the highly sought after suburb of Glenside.
Opportunities of this scale and calibre are rare, particularly in Adelaide's tightly held eastern suburbs. With an impressive 18m frontage, 70m depth and no easements on a picturesque Jacaranda tree lined street, this substantial landholding combines immediate rental income with outstanding long-term land banking and future development potential (Subject to Approval from Council & All Other Relevant Authorities - STCA).
Each of the solid brick units has been recently renovated and is presented in excellent condition, offering 2 bedrooms, a spacious open plan living, meals and kitchen area, bathroom and a separate laundry offering generous tax depreciation benefits for new owner. Four units are currently leased on fixed tenancy agreements, while Unit 3 was made vacant for marketing and sales purposes with the previous tenant paying $550 per week periodic from 13/1/26 when their lease expired.
Prior to sale, all 5 units were fully leased generating a generous income of $140,660 gross per annum with rising rental increases every year and zero vacancy rates from the high rental demand.
Current lease information is as follows:
See More

Property Details for 1-5/1 L'Estrange St, Glenside

1-5/1 L'Estrange St, Glenside is a 10 bedroom, 5 bathroom BlockOfUnits with 5 parking spaces and was built in 1970. The property has a land size of 1282m2. The place is currently for sale with Edge Realty (SA).

Building Type
BlockOfUnits
Year Built
1970
Land Size
1282m2
Commute Calculator

About Glenside 5065

The size of Glenside is approximately 1.1 square kilometres. There are 8 parks, covering nearly 10.0% of the total area. The population of Glenside in 2016 was 2422 people. By 2021 the population was 2852 showing a population growth of 17.8% in the area during that time. The predominant age group in Glenside is 30-39 years. Households in Glenside are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Glenside work in a professional occupation.In 2021, 51.60% of the homes in Glenside were owner-occupied compared with 53.30% in 2016.

Glenside has 1,724 properties. Over the last 5 years, Houses in Glenside have seen a 32.29% increase in median value, while Units have seen a 71.07% increase. As at 30 September 2026:

  • The median value for Houses in Glenside is $1,603,542 while the median value for Units is $737,405.
  • Houses have a median rent of $800 while Units have a median rent of $585.
There are currently 9 properties listed for sale, and 4 properties listed for rent in Glenside on OnTheHouse. According to Cotality's data, 129 properties were sold in the past 12 months in Glenside.

Glenside Profile Page

Suburb Insights for Glenside 5065

Visit Glenside profile page
Market Insights
Glenside Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Glenside Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Glenside profile page
Contact agent
agent headshot
Mike Lao
Show contact details
Call agent
agent headshot
Brendon Ly
Show contact details
Call agent
Edge Realty (SA)
Preferred contact:
Privacy Policy
Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED