Attention Investors !!! Unique 50% Ownership Offer

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Glenbrook, Glenbrook NSW 2773

$1,250,000

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$1.25M - $1.31M Transparent Transparent Listing Based on an openly advertised listing price.

House 5 Beds 3 Baths 3 Cars 1438 m²

Listed: 11 days ago

Overview

This distinctive character residence in South side Glenbrook offers an unusual 50% share ownership opportunity, ideal for investors seeking a unique financial arrangement. Set on a generous 1438sqm landscaped block, the property impresses with its extensive terraced lawns and well-maintained gardens, creating an inviting outdoor environment for relaxation and social gatherings.

The substantial home boasts five bedrooms and three bathrooms, accompanied by versatile living spaces including a rumpus room and auxiliary buildings that can accommodate various lifestyle needs or storage requirements. The expansive deck provides a shaded entertaining area perfect for hosting guests or enjoying family time amid tranquil surroundings.

Functionality is enhanced by ample parking space for up to four vehicles and significant storage throughout the property, supporting a comfortable and practical living experience. Its location is highly sought after due to its quiet setting with no through traffic, while still being conveniently close to essential amenities: a short 400m stroll reaches both the local shops and the train station, and the primary school is also within walking distance, making daily errands and commuting effortless.

From an investment perspective, this opportunity offers a secured weekly rental income from the 50% share, alongside shared responsibilities for property rates, insurance, and capital gain. The arrangement includes provisions to manage market fluctuations through flexible settlement timing and commits to minimal maintenance obligations, safeguarding the owner's interests.

Overall, this property provides an appealing blend of character, space, and location, suitable for investors looking for security and potential growth in an established community setting. Prospective buyers should note the requirement for a three-year commitment with options for extension, underscoring the long-term investment nature of this offering.

Large character home with versatile additional facilities
Landscaped gardens with terraced lawns and deck entertaining area
Five bedrooms and three bathrooms provide ample accommodation
Conveniently located close to shops, station, and school within a peaceful neighborhood
Unique 50% share ownership offering secured rental income and shared capital gains

Local Market Insights

In Glenbrook, Quiet Listings observed 4 new houses entering the market over the last 30 days, up from 3 during the previous 30-day period, with an average advertised asking price of $1,612,500. The property type mix of listed properties is predominantly Houses at 80%, followed by villas (20%). The most active agency for houses in the Glenbrook area is currently Property Investor, representing 25% of new listings, followed by McGrath Estate Agents with 25%. 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.