SUBSTANTIAL LAND HOLDING OF 7428 m2* FRONTAGE TO GLYNBURN ROAD OF 110 M* - ONCE IN A GENERATION OPPORTUNITY HELD BY THE SAME OWNERS FOR OVER 65 YEARS - 5 TITLES EXCELLENT HOLDING INCOME MULTIPLE TENANCIES - RARE OPPORTUNITY TO LANDBANK OR REDEVELOP (STCC)
This property combines a great tenancy mix with long term upside. Perfect to landbank, the current approximate net passing rental is $330,806.24 per annum.
The current improvements comprise the following:
The size of Glynde is approximately 0.9 square kilometres. It has 2 parks covering nearly 0.5% of total area. The population of Glynde in 2016 was 1931 people. By 2021 the population was 2102 showing a population growth of 8.9% in the area during that time. The predominant age group in Glynde is 30-39 years. Households in Glynde are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Glynde work in a professional occupation.In 2021, 51.70% of the homes in Glynde were owner-occupied compared with 52.80% in 2016.
Glynde has 1,187 properties. Over the last 5 years, Houses in Glynde have seen a 99.38% increase in median value, while Units have seen a 105.67% increase. As at 31 March 2026:
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