Prime Opportunity in the Heart of Glenroy
Key Features:
• Secure lease returning $50,400 net
• Land area: 245 sqm* of Commercial 1 Zoning
• Single-storey building of 185 sqm with restaurant fit-out
• Rear right of way (ROW) access with off street car parking
• Council carpark at rear
• Surrounded by established retailers, cafes and strong residential catchment
• Close to public transport and major transport routes
With strong local foot traffic and excellent transport links, 779 Pascoe Vale Rd is positioned for long-term growth. Opportunities like this don't come along often. Make your mark in a vibrant and evolving precinct.
For more information or to organise an inspection, please contact A E Gibson & Co directly.
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 12,596 properties. Over the last 5 years, Houses in Glenroy have seen a 13.28% increase in median value, while Units have seen a 12.85% increase. As at 31 March 2026:
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