74 Blacket St, Downer is a 3 bedroom, 1 bathroom House and was built in 1961. The property has a land size of 491m2 and floor size of 108m2.
Often sought but rarely found. An exceptional project opportunity in this premium Inner North location - literally minutes to everything & anything.
The lifestyle precincts of the CBD and Braddon are a short Metro light rail ride away, the Dickson shopping centre and Wooley Street restaurant precinct only moments walk too.
In absolute origin condition , it represents a myriad of possibilities for the owners, the only limit is your imagination and passion for what is possible to create. Alternatively, a quick tidy up, lease and land bank for future growth. With rental vacancy rates at historic lows - our property management team have said "It will be very popular with tenants."
Offering a generous land holding of 491m2, situated in a picturesque tree-line street, this double storey home consists of good sized open living area with a Northerly aspect.
With access to some of the regions best schools, Downer is fast becoming a bright star within the Inner North offering a very unique lifestyle, that's characteristic to the area, which is proving evermore popular from a wide range of demographics - professionals, retirees and young families alike.
HIGHLIGHTS:
- Lovely tree-lined street
- 491m2 level block
- UCV $592,000 (2021)
- Double brick construction
- Individual title duplex
- 3 generous bedrooms
- Separate bathroom and toilet
- Open plan lounge/dining room
- Large laundry with storage and additional toilet
- Built circa early 1960's
- Rental potential $600-650 p/w (with some upgrades)
- Walk to Dickson Centre, Metro Light Rail & CBD
- Vacant and ready for immediate possession
- 30-45 day settlement terms available
OUTGOINGS: (per annum)
- Rates $4,013 approx.
- Water Sewerage $686
Auction: On-site 10am, Saturday 19th February, 2022 (will not be sold prior)
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 1,800 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:
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