Please call us for a private inspection of this property.A fantastic opportunity for investors to take advantage of an excellent rental yield from this high-profile Glenview property split into one commercial tenancy and one residential rental. Maximum Bruce Highway exposure with secure ground floor tenant in place.- Set on a large 4,606sqm parcel with Bruce Highway exposure- Currently split into two tenancies - Tenancy 1: ground floor, retail show room, kitchenette and toilets, lease in place- Onsite parking for 12 cars, established gardens, excellent signage- Tenancy 2: Residential, 5 bedrooms, 3 bathrooms, double carport, pool - Solidly built building with suspended concrete slab construction, concrete block walls- Niche area surrounded by other long-time well-established businesses- Freehold property for sale only, Opals Down Under business is not for sale- Tenant in place on long lease- Central location close to other Tourist Attractions
The size of Glenview is approximately 18.7 square kilometres. It has 9 parks covering nearly 36.2% of total area. The population of Glenview in 2011 was 1,181 people. By 2016 the population was 1,187 showing a population growth of 0.5% in the area during that time. The predominant age group in Glenview is 10-19 years. Households in Glenview are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Glenview work in a trades occupation. In 2011, 79.3% of the homes in Glenview were owner-occupied compared with 83% in 2016.
Glenview has 533 properties. Over the last 5 years, Houses in Glenview have seen a 94.87% increase in median value, while Units have seen a 57.84% increase. As at 31 October 2024:
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