Located in a well-established neighbourhood, this versatile double-storey retail premises is just steps away from schools, shops, and public transportation. The property features endless possibilities, including at back a fully functional town home consists of 3 generous sized bedrooms upstairs with a bathroom, downstairs main entry from the back double locked up car garage, a spacious open-plan kitchen, living, and dining area. Its separate entry makes it perfect for working from home or for storing excess stock and office space, and plenty room for storage, laundry and powder room.
The downstairs retail shop boasts a generous open area with a powder room with toilet and plenty of storage, presenting an excellent investment opportunity with potential for future growth and multi-tenant options.
Adding to the appeal, the property includes solar system, and plenty of parking options.
Don't miss this incredible opportunity to invest in a property that offers both retail and residential potential in a thriving location!
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Material Facts - please refer to the contract of sale and vendor statement for material facts.
Land size sourced from land.vic.gov.au. This document has been prepared to assist solely in the marketing of this property.
While all care has been taken to ensure the information provided herein is correct, Harcourts Rata & Co takes no responsibility for any inaccuracies.
Accordingly all interested parties should make their own enquiries to verify the information, including and not limited to land size.
The size of Glenroy is approximately 8.9 square kilometres. It has 25 parks covering nearly 26.0% of 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 12,595 properties. Over the last 5 years, Houses in Glenroy have seen a 17.47% increase in median value, while Units have seen a 10.74% increase. As at 31 December 2025:
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