OFF MARKET

15 Cadell Street
Downer ACT 2602

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 96m2
Land area: 752m2
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Property Details for 15 Cadell St, Downer

15 Cadell St, Downer is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1963. The property has a land size of 752m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
House
Year Built
1963
Floor Size
96m2
Land Size
752m2
Local Government
Canberra Central
Lot/Plan
DOWNER: Block 16, Section 67

Last Listing description (January 2024)

What the owner loved is owning a classic Canberra home that offered great investment returns over almost 5 decades.

What you will love is living in a quintessential tree lined street and amongst the buzz of the Inner North.

Located here at 15 Cadell Street, Downer is an opportunity not to be missed.

The owner will be sad to say goodbye to this solid three bedroom red brick home has been well maintained over the years. Here lies a wonderful opportunity to own your piece of the Inner North.

Very livable, there is nothing to do immediately. But, if your heart is telling you to add your own touch, renovate extensively or even knock down rebuild, your investment is underpinned on a valuable 752m2 corner block that will always have demand due its close proximity to everything the Inner North has to offer.

Step inside and you will be pleasantly surprised by light, bright spaces along with a floorplan that offers separate living and dining with easy access a functional kitchen. Knock out some walls, add some bi-fold doors and a rear deck and this home will take on a whole new feel. There are so many options!

All three bedrooms are located close to the main bathroom, with two of the bedrooms being generous in size and third bedroom being ideal for a work from home office or children's bedroom.

The main bathroom has shower over bath with vanity and separate toilet.

To the rear the property comes with side gate access to one secure garage space with extra storage space along with a backyard that will be a place of many enjoyable moments of entertaining family and friends, or watching the kids run and play.

With a north west aspect to the rear and east to the front, the orientation of this property will also appeal to a buyer wanting to renovate and create a more solar passive home.

Build up and enjoy views to Mount Majura, the potential here is unlimited.

We are excited to bring 15 Cadell Street, Downer to the market and look forward to meeting you at the next open for inspection.

What's On Offer?
Three bedrooms, two with built in robes;
Family bathroom with shower over bath and vanity;
Separate toilet;
Large laundry with external access to rear garden and classic Hills Hoist;
Separate living and dining;
Bright sunny kitchen with near new freestanding Westinghouse cooker;
Electric heating;
One secure lock up garage and extra storage from side gate access;
Easy access to Daramalan College, Dickson College, Rosary Primary Schools and Majura Primary School;
Downer, Dickson and Watson shops within minutes by car or an easy walk to all locations;
Great access to public transport on Antill Street and to Light Rail;

Property Details:

EER: 0.5
Block Size: 752m2 (approx.)
Residence: 95m2 (approx.)
UV: $924,000 (2022)
Land Rates: $4,288 pa (approx.)
Land Tax: $7,280 pa (approx.)

Disclaimer: The Material and information contained within this marketing is for general information purposes only. Canberry Properties does not accept responsibility and disclaim all liabilities regarding any errors or inaccuracies contained herein. You should not rely upon this material as a basis for making any formal decisions. We recommend all interested parties to make further enquiries.

Property History for 15 Cadell St, Downer, ACT 2602

A timeline of how this property has performed in the market
Last Sold
$925,000
03 Apr 2023
Listed for Rent
$580/w
16 Jan 2023
  • 03 Apr 2023
    Sold for $925,000
  • 08 Feb 2023
    Listed for Sale $900,000+
  • 21 Dec 2022
    Listed for Rent $580 / week
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About Downer 2602

The size of Downer is approximately 1.6 square kilometres. It has 10 parks covering nearly 8.9% of total area. The population of Downer in 2011 was 3,554 people. By 2016 the population was 3,653 showing a population growth of 2.8% in the area during that time. The predominant age group in Downer is 20-29 years. Households in Downer are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Downer work in a professional occupation. In 2011, 59.3% of the homes in Downer were owner-occupied compared with 57.3% in 2016.

Downer has 1,801 properties. Over the last 5 years, Houses in Downer have seen a 45.96% increase in median value, while Units have seen a 73.36% increase. As at 31 October 2024:

  • The median value for Houses in Downer is $1,167,463 while the median value for Units is $511,806.
  • Houses have a median rent of $685 while Units have a median rent of $510.
There are currently 6 properties listed for sale, and 6 properties listed for rent in Downer on OnTheHouse. According to CoreLogic's data, 72 properties were sold in the past 12 months in Downer.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.