124 Chapel St, Glenorchy is a 3 bedroom, 1 bathroom House and was built in 1955. The property has a land size of 2645m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in September 2026. There are other 3 bedroom House sold in Glenorchy in the last 12 months.
Welcome to an extraordinary and exclusive opportunity to acquire a property that has remained in the possession of a single family. This expansive property spans 2645m2 of land, providing ample potential for residential development. With its prime location and generous size, this property presents a very rare opportunity.
The property comes with draft plans for the potential development, however with the land size you can potentially fit up to 8 units (STCA). Making it an attractive investment opportunity for property developers and investors alike.
The original house on the property provides a solid foundation for future development, adding character and charm to the overall appeal of the site.
The land itself is a blank canvas, presenting endless possibilities for creative and innovative design concepts. Whether you're looking to create a multi-unit residential development, just want the extra space for the kids to play or even start small and build over time. This property provides a wealth of potential for the discerning buyer.
Located in a highly sought-after area, this property is ideally situated for easy access to local amenities, schools, and transportation links. With its generous land size and desirable location, this property is a rare gem that is not to be missed.
P.s Don't let this once-in-a-lifetime opportunity pass you by. Contact us today to arrange a viewing and see for yourself the limitless potential that this property has to offer.
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The size of Glenorchy is approximately 10.4 square kilometres. There are 19 parks, covering nearly 16.6% of the total area. The population of Glenorchy in 2016 was 10828 people. By 2021 the population was 12013 showing a population growth of 10.9% in the area during that time. The predominant age group in Glenorchy is 30-39 years. Households in Glenorchy are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Glenorchy work in a community and personal service occupation.In 2021, 52.50% of the homes in Glenorchy were owner-occupied compared with 54.60% in 2016.
Glenorchy has 5,676 properties. Over the last 5 years, Houses in Glenorchy have seen a 22.74% increase in median value, while Units have seen a 15.32% increase. As at 30 September 2026:
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