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29 Arunta Crescent, Chigwell, Tas 7011 For Sale

29 Arunta Crescent, Chigwell, Tas 7011

Expressions of Interest

House
Type
5
Bedrooms
2
Bathrooms
3
Parkings
771 m²
Area

Published on Wednesday, June 03, 2026 ( See property details for 29 Arunta Crescent, Chigwell, Tas 7011)

Expressions of Interest

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile dual income property in Chigwell offering immediate returns, development potential, and spacious living options for investors or multi-generational families.

🏡 Property Highlights

  • Dual income property with immediate rental returns
  • Securely tenanted with long-term lease agreements
  • Potential for future development with strata title approval
  • Spacious 5-bedroom, 2-bathroom configuration
  • Well-established tenants ensuring ongoing stability
  • Ideal for investors, developers, or multi-generational living

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Garage
  • Outdoor Area
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Pet-Friendly

Chigwell is a convenient suburb in Tasmania known for its family-friendly environment, strong community spirit, and proximity to essential amenities. It offers excellent transport links, local parks, and schools, making it an ideal location for both investors and families seeking a peaceful lifestyle with future growth prospects.

What are the current rental yields and lease terms for this property?
The property is currently generating a combined rental income of $910 per week, with the front residence leased at $460 per week until April 2027, and the rear villa returning $450 per week until February 2027.
What development opportunities are available for this property?
The property has scope for development, with plans to obtain strata title approval through Glenorchy City Council, offering potential for future subdivision or multi-unit development.
Are there any restrictions or approvals needed for future development?
Yes, completion works are required to obtain strata title approval from the local council. It is advisable to consult with council for specific zoning and development regulations.
What condition is the property currently in, and are there any renovation requirements?
The property is well-maintained, but some completion works are needed to facilitate strata title approval. The existing structures are in good condition for immediate rental income.
Is there potential for increasing rental income or value addition?
Yes, there is potential to add value through development, renovation, or expanding the existing rental arrangements, subject to council approval.
Are there any existing planning restrictions or easements that could affect future development? What are the total estimated costs for obtaining strata title approval and completing necessary works? Are there any known issues with the property's structure, plumbing, or electrical systems? Is the property located in a flood or bushfire-prone area? Are there any upcoming council or community developments that could impact the property’s value or livability? What are the strata or body corporate arrangements, if applicable, and associated fees? Are there any zoning restrictions or land use limitations affecting potential subdivision or development? Has the property been affected by any recent or ongoing construction nearby that could cause noise or disruption? What are the long-term plans for infrastructure or community facilities in the area? Are there any additional costs or fees associated with the lease agreements or property management?

29 Arunta Crescent, Chigwell, Tas 7011 - More Details

Expressions of Interest

Type
House
Bedrooms
5
Bathrooms
2
Parkings
3
Area
771 m²
House Size
183 m²

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