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50 Glengala Rd

Sunshine West VIC 3020

3
1
6
538 m²
House
Currently for sale - view listing

Overview

Ideal For SMSF, Ready For Returns

Here is an investment that does the work for you. Currently leased to a secure tenant and fully compliant with rental minimum standards, this brick veneer home returns from day one with nothing left for you to organise. The tenant pays $450 per week, or $1,955 per month, while current market conditions suggest a fair rental value closer to $520 to $550 per week. That gap points to clear scope to lift the return over time. Behind the established front garden sits a genuinely practical layout. Polished hardwood floors run through a warm formal lounge, three well proportioned bedrooms share a central bathroom, and the kitchen and adjoining meals area serve everyday life while leaving room to add value down the track. The north facing backyard draws all day light across a sweeping lawn framed by mature trees and established beds, while a substantial lock up garage handles parking, storage or future plans with ease. Position seals the appeal. It is a short walk to Sunshine station, with a bus stop right out the front, and Kororoit Creek's walking and bike trails, the Glengala Road shopping strip and the energy of Sunshine's CBD are all close at hand. For an SMSF buyer, this is a sound, income producing holding in one of the west's steadily strengthening pockets.

Features

3 bedrooms
1 bathroom
6 carspaces
4 open car spaces
2 garage spaces
538 m² lot size
House

Property history for 50 Glengala Rd

2021
Rented
Undisclosed
Leased on 10 Nov 2021 by Nelson Alexander Flemington
2020
Rented
Undisclosed
Leased on 24 Apr 2020 by Nelson Alexander Flemington
2019
Sold
$690,000
Auction Sale on 29 Nov 2019 by Tan Truong, of Bells Real Estate Sunshine

Happy sellers in Sunshine West

94%
94% of sellers in Sunshine West reported that their sale price either exceeded or met their price expectations.

Sunshine West stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 59 reviews in Sunshine West over the last 12 months.

Local market activity for 3 bedroom houses in Sunshine West

In the last 12 months, 112 three-bedroom houses similar to 50 Glengala Rd, have been sold.

This represents a 33% increase in three-bedroom houses sales when compared to the previous 12 months.

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