11 Fleming Street, Glenorchy, TAS 7010
Glenorchy 3Kwarto PRICED TO SELL - Prime Development Opportunity with Concept Plans Multiple Dwellings!
Offers Over $935,000Positioned in a sought-after inner residential zone and spanning a substantial 1,836m² of level land, 11 Fleming Street presents a rare and highly lucrative opportunity for developers and investors alike.
This exceptional site comes with a 6 or 8 unit development concept plan already designed-offering a strong head start for those ready to capitalise on the growing demand for quality housing in Glenorchy. The land's generous proportions, level access, and favourable zoning make it an ideal candidate for a multi-unit residential project or other development outcomes, subject to council approval.
Strategically located just moments from Northgate Shopping Centre, MyState Bank Arena, local schools, and public transport, this property enjoys excellent connectivity while being just 8 kilometres from the Hobart CBD. The address offers a balance of convenience and lifestyle amenity that will appeal to future residents or tenants.
There is currently a dwelling on the site that may provide holding income or short-term rental potential during the planning or approval phase. However, the true value lies in the scope and scale of the development opportunity this property presents.
Opportunities of this nature in such a well-connected and in-demand area are increasingly hard to find. With strong demand for new housing and significant upside in future capital growth and rental returns, this is a standout opportunity for those ready to build and benefit.
Whether you're an experienced developer seeking your next project or a strategic investor looking to secure a premium development site, 11 Fleming Street is a compelling proposition. This is your chance to unlock the full potential of this site and realise a project with strong financial rewards.
Thinking of selling your property?
Contact me, Natalie Downton, a 3-time winner of Number 1 Sales Agent in Australia. With a proven track record of success, unparalleled local knowledge, and a passion for achieving outstanding results, I'm here to help you make your next move. Reach out today to discuss how I can assist in getting the best possible outcome for your property.