1-5/78 Chapman Avenue
Glenroy, VIC 3046

Overview

Premium Multi-Unit Opportunity in the Heart of Glenroy

Expressions of Interest for this property close on 4 May 2026.

This exceptional multi-unit offering is located in one of Glenroy's most convenient and well-connected areas. The property comprises five residences, each with its own title, presenting a rare and valuable opportunity for investors, developers, or buyers seeking strong returns and long-term growth potential.

Situated on a substantial corner parcel of land measuring 1,154 square meters, 1-5/78 Chapman Avenue features a thoughtfully designed multi-dwelling site with excellent layout, accessibility, and street presence. This makes it ideal for expanding a property portfolio or exploring future development opportunities, subject to council approval.

Each residence provides comfortable living spaces, well-sized bedrooms, and functional layouts that cater to modern lifestyles. These features make the units highly attractive to both tenants and owner-occupiers.

Currently, all units are leased and have been self-managed by the current owners for over 40 years. The property generates an approximate annual rental income of $120,000, with potential to increase this return by around 10% or more immediately.

Key features of this offering include:

• Five separate units on individual titles, offering outstanding investment potential.
• A generous land allotment with an excellent site layout.
• Strong rental appeal with multiple income streams.
• Potential for future enhancement or redevelopment, subject to council approval.
• Off-street parking and practical design throughout the site.

Located in a thriving Glenroy neighborhood, the property is just moments away from local shops, schools, parklands, and public transport options. This ensures consistent demand and long-term value for the investment.

Opportunities like this are rare, providing a chance to secure a high-performing asset in a rapidly growing suburb.

Prospective buyers are advised to conduct their own enquiries as all information has been provided by third parties and has not been independently verified.

Location