38 Shelby Street
Glenvale, QLD 4350

Overview

Strategic Investment Opportunity in Growing Glenvale - Secure Income & Future Upside

Positioned in a quiet and convenient pocket of Glenvale, this spacious and well-maintained home at 38 Shelby Street presents an outstanding opportunity for savvy investors seeking long-term growth.

Set on a large 535m2 block with a welcoming east-facing entrance, the home offers 211m² under roof and features a well-designed floorplan with multiple living spaces, providing flexibility and comfort for modern living.

A standout feature of this property is the quality tenants already in place, with a secure tenancy agreement through to January 2027 and current rental return of $600/week, allowing investors to enjoy immediate rental income and long-term stability.

Adding even greater appeal is the property's proximity to the proposed Glenvale Town Centre, which will be within walking distance. This major development is set to enhance local amenities, convenience, and overall desirability of the area, further strengthening the property's future value and investment potential.

Key Features:

• Great size block in a growing Glenvale location
• East-facing entrance
• Approximately 211m² under roof, featuring multiple living areas with a practical layout
• Excellent tenants in place until January 2027
• Walking distance to the future Glenvale Town Centre development
• Fantastic set-and-forget investment opportunity

With strong tenancy, generous proportions, and exciting future development nearby, this property represents a smart addition to any investment portfolio.

Rates Approximately $1,291.58 per half year
Water Access Rates Approximately $377.41 per half year

Location