1-5/78 Chapman Avenue, Glenroy VIC 3046

Property Details: • Type: Block of Units

• Bedrooms: 12 • Bathrooms: 6

Description: Expressions Of Interest ends on 4 May 2026 An exceptional offering in one of Glenroy's most convenient and well-connected pockets, this impressive allotment presents a rare opportunity to secure five residences all on their own titles, perfect for investors, developers, or savvy buyers seeking strong returns and long-term growth. Set on a substantial corner parcel of land, measuring 1,154 sqm, 1-5/78 Chapman Avenue showcases a thoughtfully designed multi-dwelling site with excellent layout, accessibility, and street presence. Whether you're looking to expand your portfolio or explore future development potential (STCA), this is an opportunity that ticks all the boxes. Each residence offers comfortable living zones, well-proportioned bedrooms, and functional layouts suited to modern lifestyles, making them highly appealing for tenants and owner-occupiers alike. Currently all properties are leased and have been fully self managed by the current owners for over 40 years. Currently returning approx. $120,000 PA, we believe this return can immediately be increased by over approximately 10% or more. Key features include: • Five units on seperate titles - outstanding investment potential • Generous land allotment with excellent site layout • Strong rental appeal and multiple income streams • Scope for future enhancement or redevelopment (STCA) • Off-street parking and practical design across the site Positioned in a thriving Glenroy location, you're just moments from local shops, schools, parklands, and public transport, ensuring consistent demand and long-term value. Opportunities like this are incredibly rare-secure a high-performing asset in a rapidly growing suburb. All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.