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1 Clovelly Avenue

Glenroy, VIC 3046, Australia
$2m
9 bed 9 bath 3 car300m²

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Area Price Guide
$1.88m$2.12m

Indicative price guide range

🏘️
68
Comparable
📊
$750,000
Area median
⚖️
+167%
vs median
📐
$6,667
Per m²
📏
300 m²
Land
🗓️
2 months ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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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 Features

    View full listing on Domain

    See all photos, agent details & contact options on the original source.

    Repayment calculator

    $9,696/month
    $4,848 /fortnight
    Loan $1,600,000 at 6.10% over 30 years

    Upfront costs

    Deposit$400,000
    Stamp duty$110,000
    Conveyancing (est.)$2,000
    Total upfront$512,000
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    9
    Bathrooms
    9
    Parking
    3
    Land Area
    300m²
    Listed
    2 months ago

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