125 Wheatsheaf Road, Glenroy, VIC 3046 | Commercial for sale | OnTheHouse
 
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125 Wheatsheaf Road
Glenroy VIC 3046

Bedrooms: -
Bathrooms: -
Car spaces: 4
Floor area: 70m2
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Auction Time
Thu 27 Aug 12:00 pm
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Freehold Investment with Flexible Lease in the Heart of Glenroy

Positioned within Glenroy's established commercial precinct, 125 Wheatsheaf Road, Glenroy presents an outstanding opportunity to secure a 201m² freehold commercial property with immediate holding income and long-term flexibility.
Returning $25,260 per annum and leased on a periodic month-to-month tenancy, the property offers an attractive proposition for investors seeking reliable income, while also providing future flexibility for owner-occupiers looking to establish their business in a tightly held location.
Surrounded by established local businesses and benefiting from excellent exposure to passing traffic, the property is conveniently located moments from Glenroy Station, Pascoe Vale Road, the Glenroy Shopping Precinct, CityLink, the Western Ring Road and Melbourne Airport, ensuring exceptional accessibility for both customers and staff.
Offered to the market by Public Auction on Thursday 27th August at 12:00pm, this is a rare opportunity to secure a versatile freehold commercial asset in one of Melbourne's continually growing northern suburbs.
Property Highlights:
• 201m²* freehold commercial landholding
• Returning $25,260 per annum*
• Periodic month-to-month lease
• Flexible investment with future owner-occupier potential
• High-exposure location within Glenroy's established commercial precinct
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Property Details for 125 Wheatsheaf Rd, Glenroy

Building Type
Commercial
Floor Size
70m2
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About Glenroy 3046

The size of Glenroy is approximately 8.9 square kilometres. There are 25 parks, covering nearly 26.0% of the total area. The population of Glenroy in 2016 was 22245 people. By 2021 the population was 23792 showing a population growth of 7.0% in the area during that time. The predominant age group in Glenroy is 30-39 years. Households in Glenroy are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Glenroy work in a professional occupation.In 2021, 59.50% of the homes in Glenroy were owner-occupied compared with 60.20% in 2016.

Glenroy has 12,645 properties. Over the last 5 years, Houses in Glenroy have seen a -1.08% decrease in median value, while Units have seen a 4.95% increase. As at 31 July 2026:

  • The median value for Houses in Glenroy is $854,751 while the median value for Units is $615,165.
  • Houses have a median rent of $578 while Units have a median rent of $550.
There are currently 74 properties listed for sale, and 48 properties listed for rent in Glenroy on OnTheHouse. According to Cotality's data, 716 properties were sold in the past 12 months in Glenroy.

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Abdullah El Hosari
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Zaid Elashy
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Ray White Glenroy
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