58 John Street, Glenroy, VIC 3046 sold on 03 May 2025 | OnTheHouse
 
SOLD
Sold on 03 May 2025 - Price Unavailable

58 John Street
Glenroy VIC 3046

Bedrooms: 8
Bathrooms: 4
Car spaces: 4
Land area: 839m2
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Property Details for 58 John St, Glenroy

58 John St, Glenroy is a 8 bedroom, 4 bathroom BlockOfUnits with 4 parking spaces. The property has a land size of 839m2. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 8 bedroom BlockOfUnits sold in Glenroy in the last 12 months.

Building Type
BlockOfUnits
Land Size
839m2

Last Listing description (May 2025)

Iby Ramaihi proudly presents...

This is a rare and exceptional landholding opportunity, uniquely suited to savvy investors. Comprising four units on a single title, this remarkable property boasts a significant market presence in a sought-after creekside location. What truly sets this offering apart is its impressive rental return, currently generating $101,000 per annum. This lucrative income stream presents a compelling opportunity for long-term financial growth and stability, making it an outstanding addition to any investment portfolio.

With a scale and scope that will not be found anywhere else, purchasers can expect substantial capital growth and the benefit of long-term rental yields in an area favoured by families.

The four units share a similar blueprint, comprising two bedrooms, formal living, and a kitchen/meals area. The second unit has been favourably renovated.

An unmissable opportunity of exceptional significance, the site is placed within walking distance of Belle Vue Park Primary School and Rupert Wallace Reserve, while also placing key amenities moments from the door, including East & West Street shops, Gowrie train station, Ilim College, and Glenroy station village.

Highlights
Rare landholding opportunity
Significant scale and scope
Four units for sale
Four properties, one title
Remarkable rental yields
Family-friendly pocket
Establish market presence
Various ownership options

All property information has been provided to Ray White by third parties. While Ray White strives for accuracy, we have not verified this information and do not guarantee its accuracy or completeness. Interested parties should conduct their own inquiries regarding this property.

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Property History for 58 John St, Glenroy, VIC 3046

A timeline of how this property has performed in the market
Last Sold
03 May 2025
  • 03 May 2025
    Sold for $1,554,000
  • 03 Apr 2025
    Listed for Sale Auction - $1,250,000 - $1,350,000
  • 19 Nov 2022
    Sold for $1,172,000
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About Glenroy 3046

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 12,594 properties. Over the last 5 years, Houses in Glenroy have seen a 20.14% increase in median value, while Units have seen a 12.46% increase. As at 30 November 2025:

  • The median value for Houses in Glenroy is $884,450 while the median value for Units is $616,199.
  • Houses have a median rent of $550 while Units have a median rent of $520.
There are currently 39 properties listed for sale, and 38 properties listed for rent in Glenroy on OnTheHouse. According to Cotality's data, 726 properties were sold in the past 12 months in Glenroy.

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Iby Ramaihi
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Saha Sahardid
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