1 & 2/54 Undurra Drive, Glenfield Park, NSW 2650

Block Of Units
Type
4
Bedrooms
2
Bathrooms
2
Parkings
800 m²
Area

Published on Tuesday, October 13, 2026 ( See property details for 1 & 2/54 Undurra Drive, Glenfield Park, NSW 2650)

$980,000

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A rare investment opportunity in Glenfield Park offering two leased units with strong income potential and convenient amenities.

🏡 Property Highlights

  • Dual-unit complex with two freestanding brick units on one title
  • Currently leased with secure tenancy and attractive gross yield of 4.2%
  • Well-maintained property in sought-after Glenfield Park suburb
  • Each unit features 2 bedrooms, 1 bathroom, and a single lock-up garage
  • Low maintenance courtyard and reverse cycle climate control for comfort
  • Prime location close to Southcity Shopping Centre, schools, and amenities

✨ Key Features

  • Built-in Robes
  • Garage
  • Outdoor Area
  • Open-Plan Living
  • Air Conditioning
  • Ceiling Fans
  • Internal Laundry
  • Secure Parking
  • Low-Maintenance Yard
  • Water tank

Glenfield Park is a thriving suburb renowned for its family-friendly environment, excellent amenities, and convenient access to Wagga Wagga CBD. The area boasts a strong rental market, proximity to shopping centres, schools, and medical facilities, making it ideal for investors and residents alike. With well-maintained parks and sporting facilities, Glenfield Park offers a balanced lifestyle with excellent connectivity to transport links and local services.

What is the current rental income and yield for this property?
The combined gross income from both units is $41,600 per year, with a gross yield of approximately 4.2%.
Are the units currently leased and what are the lease terms?
Yes, both units are leased. Unit 1 is leased until 10 August 2027, and Unit 2 until 4 October 2027.
What amenities are nearby?
The property is close to Southcity Shopping Centre, Aldi, schools, childcare, medical services, sporting facilities, and Wagga Wagga CBD.
Is there potential for rental increases or reviews?
Yes, there is potential for rental review at the end of the fixed lease term for Unit 1.
What features contribute to the property's low maintenance appeal?
The property features a low maintenance courtyard, brick construction, and modern amenities such as reverse cycle climate control and ceiling fans.
Are there any upcoming planning or development proposals in the area that could affect the property's value or enjoyment? Are there any easements, zoning restrictions, or covenants that could impact future modifications or use? Has the property been inspected for structural issues, pests, or other defects? Are there any strata or community title fees or obligations associated with the property? Is the property located in a flood or bushfire-prone zone, and what are the associated risks? Are there any planned upgrades or maintenance works scheduled for the units or surrounding infrastructure? What are the terms of the current leases, and are there any rent review clauses or conditions?

1 & 2/54 Undurra Drive, Glenfield Park, NSW 2650 - More Details

$980,000

Welcoming to the market a rare and exciting opportunity for investors looking to secure a well-maintained dual-unit complex in the sought-after suburb of Glenfield Park.

Positioned on one title, this unique property comprises two freestanding brick units both featuring 2 bedrooms, 1 bathroom, a single lock up garage. Additional features include reverse cycle climate control, ceiling fans, an internal laundry and a low maintenance courtyard.

Both units are currently lease, providing an attractive income stream from day one with a 4.2% gross yield and combined gross income of $41,600 per year.

UNIT 1
Lease period: 11/08/2025 - 10/08/2027 
Rent per week: $380
Potential for a rental review at the end of the noted fixed term lease.

UNIT 2
Lease period: 05/10/2026 -04/10/2027
Rent per week: $420
This rental figure per week was reviewed when it was recently re-leased.

Ideally positioned within the thriving property market of Glenfield Park, Southcity Shopping Centre (Coles, BWS, KFC, pharmacy, dining and specialty retailers) is minutes away. Aldi, schools, childcare, medical services and sporting facilities are close by. The Wagga Wagga CBD is approximately 5–6 km away and the airport approximately 16 km.

Opportunities of this nature are rarely offered in the Glenfield Park market. With two separate dwellings, secure tenancy and a convenient location, this is an investment not to be missed. A detailed information memorandum is on offer for all interested buyers.

Disclaimer:
*All information contained herein is gathered from sources we believe to be reliable, however, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
Type
Block Of Units
Bedrooms
4
Bathrooms
2
Parkings
2
Area
800 m²

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