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Overview
This property at 6 Corio Street in Glenroy presents a compelling prospect for buyers seeking a project with potential. Although the existing brick veneer residence currently serves as a medical practice requiring renovation, the standout feature is the substantial land size of 634 square metres, offering a generous canvas for redevelopment or custom home creation.
Opportunity lies in the ability to envision beyond the current state; whether you are looking at rebuilding a comfortable family home tailored to your needs or exploring the feasibility of unit development subject to council approval, this site offers flexibility. The property's positioning within a prime Glenroy location enhances its appeal, being within walking distance to major amenities including the shopping precinct and Glenroy Station, facilitating seamless connectivity to the city.
Residents will also benefit from nearby educational institutions like Glenroy Specialist School and Nido Early School as well as recreational outlets such as Jacana Wetlands and Jacana Valley Parklands, which provide tranquil environments for relaxation and outdoor activities. This combination of location convenience and redevelopment possibilities make the property suitable for buyers with vision and ambition, potentially developers or those planning a bespoke family setting.
Overall, this listing offers a rare chance to step into the Glenroy market with a property that balances immediate location benefits with the exciting prospect of creating something new and personalized from the ground up.
Local Market Insights
In Glenroy, Quiet Listings observed 28 new houses entering the market over the last 30 days, unchanged from 28 in the prior period, with an average advertised asking price of $942,679. The property type mix of listed properties is predominantly Houses at 42%, followed by townhouses (33%), and units (12%). The most active agency for houses in the Glenroy area is currently Stockdale & Leggo, representing 46% of new listings, followed by Ray White with 21%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Market Insights for Glenroy VIC 3046
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