FOR SALE
Offers over $795,000

7 Young Street
Glenorchy TAS 7010

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 135m2
Land area: 1237m2
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Development Site - DA Approved 3 Villa Units + Existing Dwelling

Located in the heart of Central Glenorchy, this DA-approved development site is a rare find. Just a leisurely stroll away from the bustling shopping centre, this property offers the perfect blend of convenience and potential. Ready to go with approved plans for two 3-bedroom villas and one 2-bedroom villa, it also includes a spacious existing 3-bedroom home.
The property boasts a generous 1237sqm of prime, inner residential zoned land, providing ample space for your development vision. Situated in Central Glenorchy, it's just a short walk to shopping centres, schools, parks, and public transport. This site offers immense development potential with its approved plans for three additional villas, making it an ideal investment for developers or those looking to expand their property portfolio.
The existing home is comfortable and well-maintained, currently let at $530pw generating immediate rental income. Glenorchy is experiencing significant growth and development, making it a hotspot for real estate investment. This property offers an unbeatable location, ready-to-go development approval, and a solid existing home - all the ingredients for a successful project.
Don't miss out on this unique opportunity to secure a prime development site in one of Glenorchy's most sought-after locations. Act fast, as properties like this are a rare find and highly desirable. Contact me today to arrange a viewing and start planning your next successful development project!
- Located in Central Glenorchy
- 1237sqm of land
- Level Location - Stroll to Shopping Centre
- DA Approved Development Site
- 2 x 3 Bedroom Villas
- 1 x 2 Bedroom Villa
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Property Details for 7 Young St, Glenorchy

7 Young St, Glenorchy is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 1237m2 and floor size of 135m2. The place is currently for sale with Roberts Real Estate Glenorchy.

Building Type
House
Floor Size
135m2
Land Size
1237m2

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About Glenorchy 7010

The size of Glenorchy is approximately 10.4 square kilometres. It has 19 parks covering nearly 16.6% of total area. The population of Glenorchy in 2011 was 10,533 people. By 2016 the population was 10,833 showing a population growth of 2.8% in the area during that time. The predominant age group in Glenorchy is 20-29 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 2011, 57.7% of the homes in Glenorchy were owner-occupied compared with 54.6% in 2016.

Glenorchy has 5,640 properties. Over the last 5 years, Houses in Glenorchy have seen a 45.67% increase in median value, while Units have seen a 51.97% increase. As at 31 October 2024:

  • The median value for Houses in Glenorchy is $547,936 while the median value for Units is $438,863.
  • Houses have a median rent of $520 while Units have a median rent of $440.
There are currently 58 properties listed for sale, and 6 properties listed for rent in Glenorchy on OnTheHouse. According to CoreLogic's data, 166 properties were sold in the past 12 months in Glenorchy.

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Tony Bacic
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Maddi Clark
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Roberts Real Estate Glenorchy
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