22-24 Arunta Crescent, Chigwell, TAS 7011 | Commercial for sale | OnTheHouse
 
FOR SALE
Private Treaty offers in excess of $1,700,000

22-24 Arunta Crescent
Chigwell TAS 7011

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 950m2
Land area: 3989m2
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Redevelopment, Investment or Accommodation Opportunity

A rare opportunity to secure a substantial landholding with significant residential redevelopment potential, while benefiting from an established accommodation facility already in place.
Currently configured across two buildings and an additional development site, the property offers immediate holding income and multiple future pathways, including residential redevelopment (STCA), repositioning or continued operation.
With strong underlying land value, this is an outstanding opportunity for developers, investors, community housing providers and owner-occupiers seeking a property with genuine upside.
Key Property Highlights
+ Significant residential redevelopment opportunity (STCA).
+ Substantial landholding with existing improvements providing immediate holding income or accommodation use.
+ Approved subdivision into three separate lots by Glenorchy City Council, providing flexibility for staged redevelopment or resale.
+ Existing improvements accommodate approximately 18 residents, offering an immediate community housing or supported accommodation opportunity.
+ Well suited to residential, medium-density or specialised accommodation outcomes, subject to the necessary approvals.
+ Located within an established residential precinct benefiting from ongoing population growth and increasing housing demand.

Property Details for 22-24 Arunta Cres, Chigwell

Building Type
Commercial
Floor Size
950m2
Land Size
3989m2
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About Chigwell 7011

The size of Chigwell is approximately 3.0 square kilometres. There are 5 parks, covering nearly 7.2% of the total area. The population of Chigwell in 2016 was 2002 people. By 2021 the population was 2050 showing a population growth of 2.4% in the area during that time. The predominant age group in Chigwell is 30-39 years. Households in Chigwell are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Chigwell work in a trades occupation.In 2021, 60.00% of the homes in Chigwell were owner-occupied compared with 61.70% in 2016.

Chigwell has 897 properties. Over the last 5 years, Houses in Chigwell have seen a 31.50% increase in median value, while Units have seen a 30.03% increase. As at 31 August 2026:

  • The median value for Houses in Chigwell is $642,200 while the median value for Units is $541,323.
  • Houses have a median rent of $560 while Units have a median rent of $220.
There are currently 3 properties listed for sale, and 3 properties listed for rent in Chigwell on OnTheHouse. According to Cotality's data, 44 properties were sold in the past 12 months in Chigwell.

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