163 Wheatsheaf RoadGlenroy VIC 3046
Property Details for 163 Wheatsheaf Rd, Glenroy
Last Listing description (May 2026)
CRS Property is pleased to offer 163 Wheatsheaf Road, Glenroy by way of public auction on Friday 22nd May at 1.00pm onsite.
An excellent opportunity to secure a highly sought asset with two street frontages, securely leased to an established medical tenant and situated within a major strip shopping centre in the heart of Glenroys shopping precinct.
The Key attributes of this outstanding opportunity include:
• Medical grade fitout for specialised radiology reservices with consultants & treatments rooms and waiting area.
• The specialist building spans 186 sqm* and benefits from 6.7m* frontage
• Land area: 186 sqm.*
• 3 + 3 years lease from October 2024
• Currently returning $45,034 per annum plus statutory outgoings and GST.
• Leased to Matrix Medical Imaging well established and reputable medical radiology business delivering CT scans X rays and Ultrasounds with 6 locations throughout Victoria
• Commercial 1 zoned landholding with a second frontage to a Right of Way at the rear
• Large Council car parking at rear.
• First time offered in 44 years
• Located in a high exposure and highly convenient position with direct proximity to the Glenroy train station and 13km's from the Melbourne CBD.
• An affordable opportunity to secure a property within an established neighbourhood precinct.
This property offers peace of mind for any investor being securely leased to medical tenant, Matrix Medical Imaging, an exclusive retail shop ticking all the boxes when assessing the investment opportunity at hand.
FOR SALE BY PUBLIC AUCTION FRIDAY 22ND MAY AT 1.00PM ON SITE
To obtain further information or to arrange an inspection, please contact CRS Property selling agents,
Lou Montalti 0488 553 455 lou@crsproperty.com.au or Tom Ayfantis 0408 574 048 tom@crsproperty.com.au
*approx
Property History for 163 Wheatsheaf Rd, Glenroy, VIC 3046
- 22 May 2026Sold
- 20 Apr 2026Listed for Sale Auction
- 07 Jul 2009Listed for Rent - Price not available
Recent sales nearby
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0About 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 12,557 properties. Over the last 5 years, Houses in Glenroy have seen a 9.00% increase in median value, while Units have seen a 11.46% increase. As at 30 April 2026:
- The median value for Houses in Glenroy is $875,745 while the median value for Units is $637,213.
- Houses have a median rent of $550 while Units have a median rent of $530.
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