OFF MARKET

2 Mugga Way
Red Hill ACT 2603

Bedrooms: 6
Bathrooms: 6
Car spaces: 2
Floor area: 980m2
Land area: 2805m2
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Property Details for 2 Mugga Way, Red Hill

2 Mugga Way, Red Hill is a 6 bedroom, 6 bathroom House with 2 parking spaces and was built in 1979. The property has a land size of 2805m2 and floor size of 980m2. While the property is not currently for sale or for rent, it was last sold in June 2018.

Building Type
House
Year Built
1979
Floor Size
980m2
Land Size
2805m2
Local Government
Canberra Central
Lot/Plan
RED HILL: Block 17, Section 5

Last Listing description (June 2018)

Mugga Way is recognised as one of Canberra's finest addresses and this magnificent residence stands out as a substantial quality-built home and to a size and scale extremely rare for this vintage. Exuding luxury, opulence and sophistication, it has been preserved sympathetically to the highest standard of its era.
This grand residence does not disappoint, in fact, it sets the bar at a dizzying height for the homes that follow along the 'Golden Mile'. This unique home can never be replicated. It captures the essence of mid-late 20th century architecture and the original builder's attention to detail has realised a home that is as relevant today as it was when it was built 40 years ago.
Upon entry you are received through oversized double timber doors, into a soaring glass walkway topped by a crown of solid oregon beams. Adjacent is a central easily accessible courtyard that wraps around a stunning, sparkling swimming pool.

The formal lounge, with its cathedral-like ceilings and opulent fireplace, radiates an atmosphere and ambience of luxury, and leads up into a dining room ideal for a formal reception or family celebration. These rooms are complimented by a billiard room and fully equipped bar, with stacked slate sentinels that flows into the casual family and dining rooms, again highlighted by their cathedral-like ceilings. Accessed from the family room is an underground wine cellar with space for at least 1000 bottles.
Central to the home is the kitchen, which continues the home's theme of grand-scale living with optimal functionality and timeless design. Features include a mix of stone and stainless-steel benchtops and a Blackwood breakfast bar, Miele appliances, Teppanyaki grill and custom joinery providing plenty of storage. The laundry, an additional craft/storage room, full bathroom and internal access to the garage are also in this wing.
The bedroom wing that centralises around an atrium sitting area, housing four bedrooms and a study all with vast hardwood cabinetry, including 2 stylish king-sized bedrooms, and 3 brand new luxury bathrooms. The stunning master suite enjoys a view towards the garden and Red Hill Reserve and includes hardwood built ins, sitting area and a luxe hotel-style ensuite with double shower, walk in robe, in-slab heating and blackwood timber benchtops.
Beneath this wing is the ultimate bonus; a basement workshop space offering unlimited options.
The home is completed with a gym room off the central courtyard that is completed with an ensuite and sauna.
Number 2 Mugga Way will appeal to large families, to entertainers and to those who seek a residence offering the ultimate in luxury and lifestyle . This is a home packed with size, style, features and a distinguished address that's close to schools, shops, nature reserve and the Parliamentary Triangle.
Features:
- Built circa 1979
- Dual access driveway
- Private 2804m2 block, backing Red Hill reserve
- Ducted heating and cooling
- Six bedrooms
- Study
- Six bathrooms
- Two powder rooms
- Opulent formal entrance
- Grand formal living and dining with cathedral ceilings and architectural beams
- Front patio
- Spacious informal living and dining with cathedral ceilings
- Enormous kitchen with quality Miele stainless steel appliances and custom joinery
- Billiard room
- Double garage with storage room
- Basement area with workshop, storage area, bedroom with walk-in robe and ensuite bathroom
- Underground wine room with capacity for 1000 bottles
- Fully equipped bar with built-in fridges
- Swimming pool with outdoor kitchen entertaining area
- Pool house with sauna, gym room and bathroom
- Vegetable boxes
- Side access to Red Hill Nature Reserve

Property History for 2 Mugga Way, Red Hill, ACT 2603

A timeline of how this property has performed in the market
Last Sold
$4,100,000
13 Jun 2018
  • 13 Jun 2018
    Sold for $4,100,000
  • 01 Mar 2018
    Listed for Sale $4,500,000
  • 10 Jul 2009
    Sold for $2,500,000
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About Red Hill 2603

The size of Red Hill is approximately 4.9 square kilometres. It has 18 parks covering nearly 50.4% of total area. The population of Red Hill in 2011 was 3,248 people. By 2016 the population was 3,174 showing a population decline of 2.3% in the area during that time. The predominant age group in Red Hill is 10-19 years. Households in Red Hill are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Red Hill work in a professional occupation. In 2011, 63% of the homes in Red Hill were owner-occupied compared with 65.4% in 2016.

Red Hill has 1,618 properties. Over the last 5 years, Houses in Red Hill have seen a 43.72% increase in median value, while Units have seen a 64.06% increase. As at 31 October 2024:

  • The median value for Houses in Red Hill is $2,007,485 while the median value for Units is $821,518.
  • Houses have a median rent of $950 while Units have a median rent of $650.
There are currently 18 properties listed for sale, and 4 properties listed for rent in Red hill on OnTheHouse. According to CoreLogic's data, 58 properties were sold in the past 12 months in Red hill.

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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.