1 Clovelly Avenue
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About this property
Phone enquiries - please call 1300 594 794 and quote property ID 38283. A rare chance to secure a premium, purpose-built rooming house in Melbourne's thriving northern corridor. Just 300m from Glenroy Station and Coles, this brand-new, double-storey property delivers strong rental returns, low overheads, and long-term demand. Constructed to the highest standards, it offers nine fully furnished en-suites, quality shared spaces, and sustainable energy systems. For investors, this is a turnkey income stream with full depreciation benefits and immediate cash flow. Property Highlights - 9 ensuited rooms with robes, desks, couches & double beds - Individually metered power + split-system A/C in each room - Smart access with digitally coded locks - Shared kitchen with 900 mm stove, dishwasher space & full cabinetry - Laundry with built-in facilities - Solar system with battery storage for energy efficiency - Wi-Fi & CCTV throughout for peace of mind - High ceilings (2.73 m), acoustic insulation & durable flooring - Balconies to upper rooms overlooking parkland - 2 car spaces, including 1 accessible Location Benefits - 300 m to Glenroy Train Station - Walk to Coles, cafés, pharmacy & fresh-food markets - 10 mins to Broadmeadows Shopping Centre - Easy access to Melbourne CBD via train or freeway - Next door is a fresh food market and thousands of public parking spaces. Why Investors Love It - Brand-new build full depreciation benefits - Nine rental incomes from one title - Low-maintenance, plug-and-play design - Fully furnished - Positioned in a suburb with high rental demand Backed by Men in Blue Developments, this project is part of a proven portfolio of co-living assets. Demand for affordable, well-located accommodation continues to grow, ensuring strong occupancy and positive returns. A turnkey, positively geared residential asset with exceptional yield potential in the heart of Glenroy. Enquire today to secure this rare high-performing investment. DISCLAIMER While proudly assisting home owners to sell since 1999, No Agent Property takes every care to verify the accuracy of the details in this advertisement, but the correctness cannot be guaranteed.
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 9
- Bathrooms
- 9
- Parking
- 3
- Land Area
- 300 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Glenroy
This 9-bedroom house in Glenroy, VIC 3046 sits within reach of public transport, local shops and nearby schools. It is listed 176% above the $725,000 median of 50 comparable houseswithin 5 km.
Schools near Glenroy
- Glenroy Privatecombined · Prep-12 · CoEd
- Glenroy Specialist Schoolcombined · U · CoEd
- Ilim College - Glenroy Campuscombined
- Belle Vue Park Primary Schoolprimary · Prep-6 · CoEd
- Glenroy Central Primary Schoolprimary · Prep-6 · CoEd
- Glenroy West Primary Schoolprimary · Prep-6 · CoEd
What's nearby
- Lytton Street (bus) — 71 m away
- Salvos — 216 m away
- Belair Avenue Park — 34 m away
- Anselm Grove Park — 260 m away
- F.D. Mott Reserve — 630 m away
Glenroy at a glance
Full suburb profile- Population
- 23,792
- Median age
- 34
- Household income
- $1,655/wk
- Median rent
- $369/wk
- Median mortgage
- $1,927/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Glenroy price trend
Median sold · House 3 bed
Compound growth +1.3% / yr over 4 yrs
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Full Glenroy marketThis listing
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Price history
Listing price changes
1 price change recorded for this property
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