14 Edgar StreetGlen Iris VIC 3146
Property Details for 14 Edgar St, Glen Iris
14 Edgar St, Glen Iris is a 14 bedroom, 14 bathroom Unit with 14 parking spaces. The property has a land size of 1065m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 14 bedroom Unit sold in Glen Iris in the last 12 months.
Last Listing description (November 2024)
Conquest Estate Agency are delighted to be offering for sale this extremely well-presented whole block of units located in the heart of Glen Iris. The block consists of 14 strata titled one-bedroom apartments over 2 levels to be sold as a whole with 14 undercover carspaces.
The sizeable land area of 1,065 sqm* provides dual frontages to Edgar Street and the rear access lane, with 18.9m* frontages and 56.2m* on the Northern and Southern boundaries. With a healthy rental return, this is a rare opportunity suitable for:
Passive investors looking for income security provided by multiple tenancies.
Investor/Builders looking to renovate and hold or on sell separately.
Developers looking to demolish in favour of a townhouse development (STCA).
Glen Iris offers a perfect balance of leafy suburban living with easy access to urban convenience, making 40 Edgar Street an extremely attractive opportunity.
40 Edgar Street, Glen Iris is for Sale via Public Auction Wednesday 20th November at 12:00 pm onsite.
Property History for 14 Edgar St, Glen Iris, VIC 3146
- 20 Nov 2024Sold for $3,920,000
- 28 Oct 2024Listed for Sale Indicative Price: $3,800,000 - $4,100,000
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0About Glen Iris 3146
The size of Glen Iris is approximately 8 square kilometres. It has 26 parks covering nearly 8.7% of total area. The population of Glen Iris in 2011 was 24,948 people. By 2016 the population was 25,253 showing a population growth of 1.2% in the area during that time. The predominant age group in Glen Iris is 40-49 years. Households in Glen Iris are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Glen Iris work in a professional occupation. In 2011, 71% of the homes in Glen Iris were owner-occupied compared with 68% in 2016.
Glen Iris has 13,193 properties. Over the last 5 years, Houses in Glen Iris have seen a 13.74% increase in median value, while Units have seen a 2.13% increase. As at 31 October 2024:
- The median value for Houses in Glen Iris is $2,362,395 while the median value for Units is $731,720.
- Houses have a median rent of $918 while Units have a median rent of $550.
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