51-53 Chapel Street,
Glenorchy, TAS 7010

Elders Commercial is pleased to present 51-53 Chapel Street, Glenorchy, for sale.

Positioned in the heart of Glenorchy and just 7km* from Hobart’s CBD, this exceptional 2,043 sqm* corner site represents a rare opportunity to acquire a well-established freehold and business, with the flexibility to cater to investors, developers, and owner-occupiers alike.

The property offers the following features:
+ High-profile corner site located 300m* from the Glenorchy CBD, ensuring excellent exposure and ease of access to major services and transport routes
+ Modern, purpose-built two-storey gym facility (740 sqm*), constructed in 2016 from durable concrete panels and fully equipped with state-of-the-art gym infrastructure, catering to established health and fitness operators
+ Versatile weatherboard building fronting Chapel Street, incorporating a kids club facility and a separate physio and seamstress tenancy, delivering additional rental income
+ Development potential on underutilised land, offering scope for site expansion or additional commercial tenancies (STCA)
+ On-site car parking for 39 vehicles*, enhancing accessibility for customers and staff
+ Highly profitable business operation with approximately 1,100 members, presenting a ready-made opportunity for investors or operators, with the flexibility to include or exclude the sale of gym equipment
+ Zoned ‘Light Industrial,’ allowing for a wide range of alternate uses, ensuring flexibility for future development or reconfiguration (STCA)

51-53 Chapel Street, Glenorchy, is for sale by offers over $2.3 million.

For more information or to arrange an inspection, please George Burbury or John Blacklow.