OFF MARKET

50 Mugga Way
Red Hill ACT 2603

Bedrooms: 5
Bathrooms: 4
Car spaces: 6
Floor area: 314m2
Land area: 3143m2
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Last updated 11 Nov 2024
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Property Details for 50 Mugga Way, Red Hill

50 Mugga Way, Red Hill is a 5 bedroom, 4 bathroom House with 6 parking spaces and was built in 1965. The property has a land size of 3143m2 and floor size of 314m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
House
Year Built
1965
Floor Size
314m2
Land Size
3143m2
Local Government
Canberra Central
Lot/Plan
RED HILL: Block 7, Section 16

Last Listing description (November 2024)

In one of Canberra's most elite residential addresses, this exceptional family residence sits on a generous sized block neatly carved into Redhill nature reserve. Epitomising contemporary luxury, this all-new executive family home, a hair's breadth from Canberra Grammar and backing Red Hill.

Unique with an array of indoor and outdoor lifestyle opportunities and superb quality finishes apparent from the moment you walk through the custom-built spotted gum timber front door into the stunning formal entry. Soaring ceilings, huge spaces and floor-to-ceiling windows flood the main living areas with exquisite northerly light and reveal an exceptional floorplan that observes the casual living spaces that spill out to an atmospheric alfresco space and pool deck.

Entertaining is made easy with the well-appointed barbeque/outdoor kitchen, or move the party indoors where the incredible chef's kitchen will impress not just for the stunning full-Carrara marble island, but for its double marble tile-clad and cylindrical Qasair rangehoods. A swing door opens to reveal a full butler's pantry with 4m of bench space, a second dishwasher and space for a second, double refrigerator.

On the lower ground level, a 400-bottle wine cellar and tasting room adjacent to a massive six-car basement garage ensures there is plenty of space for car and wine enthusiasts. If the kids and teens can tear themselves away from the sparkling mineral pool, they'll be spoilt with options that include a full theatre room with surround sound, a professional half-basketball court and an upscale rumpus room. Those seeking quiet conversation will gravitate to the beautiful formal lounge where a feature gas fireplace and airy raked ceiling contribute to a relaxing feel.

Segregated at the rear of the home is the bedroom wing with four queen-sized bedrooms two of which have ensuites. The king-sized master boasts a spectacular walk-in wardrobe with bespoke Carrara marble-topped storage and leather ottoman. Among other exceptional features the sublime master ensuite boasts a statement marble Apaiser Oman bath surrounded by double walls of glass looking out to Red Hill.

If that's not enough, there is also a half-sized basketball court surrounded by magnificent landscaping. Enjoy exceptional privacy, northerly sunshine, and excellent security in this luxurious home, set in a prestigious location just minutes away from Manuka Village cafes, Canberra's shopping precincts and Canberra Grammar School.

FEATURES
Outstanding luxury home with blue ribbon address
Keyless entry
Six car garage with electric charging station + storage space
sized professional basketball court at the rear backing Red Hill Nature Reserve
Mineral saltwater pool
Blackbutt timber floors to living areas
Kitchen with integrated appliances including Liebherr refrigerator, V-Zug induction cooktop and double oven, Miele dishwasher, Franke double sinks, ribbon window and feature timber shelving
Incredible butler's pantry with sink, second Miele dishwasher and space for a second double refrigerator
Stunning guest powder room with unique feature Verde Alpi marble vanity
Ensuite boasts unique stone Apaiser Oman bath
Family bathroom with walk-in rainfall shower, bathtub, Villeroy & Boch sinks, and triple cabinet storage
Custom wardrobes to bedrooms 2, 3 and 4
Large laundry with hanging rails, ample storage, long benchtops and rear access
Huge alfresco space with ribbed timber batten ceiling and skylights, space for a 14-seat table plus lounge
Outdoor kitchen with plumbed gas, water and double wine fridge
Indoor and outdoor sound system
Quality window treatments and carpets
Escea gas fireplace
Impressive storage throughout
Custom cabinetry with wide use of marble
Numerous data points
Ceiling fans throughout
Zoned reverse-cycle heating and cooling
Beautifully landscaped gardens with Japanese maples, magnolias and sandstone retaining walls
Smart irrigation system
Back to Base Alarm

Land: 1552m2 (approx.)
Rates: $8,611pa (approx.)
UV: $1,926,600 (approx.)

Property History for 50 Mugga Way, Red Hill, ACT 2603

A timeline of how this property has performed in the market
Last Sold
$2,600,000
28 Nov 2022
  • 12 Sep 2024
    Listed for Sale By Negotiation
  • 18 Apr 2024
    Listed for Sale By Negotiation
  • 28 Nov 2022
    Sold for $2,600,000
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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.