17 Griffith St, Maddingley is a 3 bedroom, 1 bathroom House. The property has a land size of 3583m2 and floor size of 117m2.
Unique opportunity to purchase over 3,500 square metres of Industrial 2 land in a high profile location on Griffith Street hill. Ability to earn dual incomes from the 3 bedroom, 1 bathroom, single carport home to the front of the land & the 510sqm Factory (approx) to the rear. Both properties are currently tenanted and returning a combined income of $40,793pa.
Bacchus Marsh is a great location for investment being only 60kms from Melbourne, 57kms from Geelong & 61kms from Ballarat.
Secure as an investment or further develop (STCA) the choice is yours. Opportunities like this do not come around often, so enquire today.
The size of Maddingley is approximately 25.4 square kilometres. It has 18 parks covering nearly 3.8% of total area. The population of Maddingley in 2011 was 2,393 people. By 2016 the population was 3,461 showing a population growth of 44.6% in the area during that time. The predominant age group in Maddingley is 0-9 years. Households in Maddingley are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Maddingley work in a professional occupation. In 2011, 70.5% of the homes in Maddingley were owner-occupied compared with 68.5% in 2016.
Maddingley has 3,295 properties. Over the last 5 years, Houses in Maddingley have seen a 28.65% increase in median value, while Units have seen a 42.05% increase. As at 31 August 2024:
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