75-77 Madigan StreetHackett ACT 2602
Property Details for 75-77 Madigan St, Hackett
Last Listing description (May 2023)
Knight Frank have pleasure in marketing for sale this rare and unique offering, located in one of Canberra's most sought after inner north suburbs, Hackett.
To be sold in one line as an entire complex, 75-77 Madigan Street comprises of a total of 18 self-contained units over 3 levels, including 12 two bedroom units and 6 one bedroom units. Each unit is very well presented, each including updated single bathrooms and kitchens. Each Unit has one allocated, covered car space and a common laundry block is located at the rear of the site.
All units are fully furnished , including appliances,and are in excellent condition where immediate occupancy is unquestionable. Alternatively, there may be an opportunity for a buyer to explore value-add opportunities or redevelopment (subject to approvals).
Key Attributes:
RZ2 Suburban core zone
2,260 sqm site
Highly sought after location, approximately 10 kilometres from the Canberra CBD and adjacent to local shops, schools and community facilities.
Turn-key accommodation
To be sold with vacant possession
Extremely rare opportunity to purchase a complete, existing complex in an established location.
To be sold on site via Auction, 11am 19th November 2015.
Property History for 75-77 Madigan St, Hackett, ACT 2602
- 15 Oct 2015Listed for Sale Not Disclosed
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About Hackett 2602
The size of Hackett is approximately 1.9 square kilometres. It has 12 parks covering nearly 7.6% of total area. The population of Hackett in 2011 was 2,914 people. By 2016 the population was 2,999 showing a population growth of 2.9% in the area during that time. The predominant age group in Hackett is 40-49 years. Households in Hackett are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hackett work in a professional occupation. In 2011, 72.9% of the homes in Hackett were owner-occupied compared with 71% in 2016.
Hackett has 1,339 properties. Over the last 5 years, Houses in Hackett have seen a 41.37% increase in median value, while Units have seen a 16.65% increase. As at 30 September 2024:
- The median value for Houses in Hackett is $1,191,076 while the median value for Units is $408,248.
- Houses have a median rent of $800 while Units have a median rent of $450.
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