OFF MARKET

40 Padbury Street
Downer ACT 2602

Bedrooms: 3
Bathrooms: 1
Car spaces: 7
Land area: 783m2
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Property Details for 40 Padbury St, Downer

40 Padbury St, Downer is a 3 bedroom, 1 bathroom House with 7 parking spaces and was built in 1961. The property has a land size of 783m2. While the property is not currently for sale or for rent, it was last sold in June 2015.

Building Type
House
Year Built
1961
Land Size
783m2
Local Government
Canberra Central
Lot/Plan
DOWNER: Block 3, Section 38

Last Listing description (December 2016)

Buyer price guide: $650,000+
Not your ordinary 3 bedroom home, this renovated residence has had an enormous workshop added at the back of the carport which is equivalent to a 6 car garage. Attractive for the car enthusiast, someone who works from home and is looking for space separate from the main house, a family who has lots of 'toys' or the workshop may even be converted to habitable living area (subject to appropriate government approvals).
The north facing, single level house has had substantial renovations just completed so you will not need to lift a finger. Enjoy a new kitchen with 'Asko' stainless steel appliances including gas cook top and a 2 draw dishwasher. Add to this a new bathroom, laundry, flooring and paint throughout and this is a not to be missed opportunity.

Externally there is a raised entertaining terrace with a seashell shade sail covering and this area overlooks the tranquil and private rear yard. The bursts of colour in the warmer months are thanks to the owner's plantings of tulips and bulbs plus the wisteria is nothing short of breathtaking in full bloom. Mood lighting and external speakers mean this entertaining area will become the focal point of many social occasions and coupled with the built in BBQ and Jacuzzi your only concern may be getting your guests to leave.
The purpose built work shop is currently a working business for the existing owners and it's a significant structure which has a multitude of options. At around 100m2 it has high ceilings, a store room, a powder room, in slab heating, double glazed windows (top level) and a mezzanine office which can be completely shut off. There is an enclosed carport with remote gate entry, plus room in the driveway and off the road for multiple other vehicles.
The owners have purchased elsewhere and are serious to find out the market value and sell so make an inspection a priority. A range of settlement options can be negotiated on a case by case basis if you have another property you want, or need, to sell. We operate a friendly auction campaign which among other things involves detailed discussions on pricing the home and the steps to work towards a purchase on auction day, we are here to help cover all your queries and questions to ensure you have done your due diligence.
To find out the sell price of this home upon exchange, please sms 'Downer sell price' to 0403215246.
House features:
Positioned on a flat 783m2 block in a quiet tree-lined street
Single level floor plan facing north to capture the sun
Fully renovated kitchen, bathroom, laundry and toilet
Kitchen has stainless steel 'Asko' appliances, gas cooking and a 2-draw dishwasher
New paint inside and out
New flooring
Ducted air conditioning (heating and cooling)
Outside features:
Solar hot water system
Integrated speakers outdoor and in workshop
External mood lighting around rear terrace
BBQ hooked up to gas mains
Seashell shade sail over entertaining deck
3 phase power throughout
Upgraded underground water pipes in 1999
Interlocking Terracotta roof tiles
In ground watering system front and rear
Storage shed behind workshop
Outdoor spa - negotiable
Carport enclosed by remote control gate
Additional room in driveway and off road for another 5 vehicles
The extra strong 60mm thick paving of the driveways is laid on reinforced concrete allowing heavy trucks to drive on it.

Shed / workshop - Class 1A structure erected in 2001:
100m2 approx
Very high ceilings
Top level windows double glazed
Gas boosted in-slab heating
Toilet and vanity room at rear
Storage room at front
Mezzanine office

Property History for 40 Padbury St, Downer, ACT 2602

A timeline of how this property has performed in the market
Last Sold
$730,000
23 Jun 2015
  • 23 Jun 2015
    Sold for $730,000
  • 03 Jun 2015
    Listed for Sale Not Disclosed
  • 10 Feb 1998
    Sold for $120,000
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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 1,803 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 9 properties listed for sale, and 3 properties listed for rent in Downer on OnTheHouse. According to CoreLogic's data, 70 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.