SOLD
Sold on 07 Dec 2023 for $1,287,000

28 Griffith Street
Maddingley VIC 3340

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3865m2
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Property Details for 28 Griffith St, Maddingley

28 Griffith St, Maddingley is a 0 bedroom, 0 bathroom House and was built in 1960. The property has a land size of 3865m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 0 bedroom House sold in Maddingley in the last 12 months.

Building Type
House
Year Built
1960
Land Size
3865m2
Local Government
Moorabool
Lot/Plan
2/PS905620

Last Listing description (June 2024)

Bold Property Agents are thrilled to present 28 Griffith Street, Maddingley, a rare permit approved multi-dwelling development site for 18 townhouses on 3,865 sqm of vacant land in the thriving and ever-growing suburb of Maddingley.

Key highlights include:

- Permit approved for 18 townhouses

- Large corner landholding of 3,865 sqm*

- Major lack of housing supply in Bacchus Marsh region

- Amenity rich location, being within immediate proximity to Bacchus Marsh College (330 m*), Bacchus Marsh Grammar (750 m*), and Bacchus Marsh Train Station (850 m*)

Situated in a rapidly growing area, this plot of land offers a blank canvas for your dream development. Lets take a closer look at what makes this property so special.

If you're a developer, investor, or someone with a vision, don't miss out on this incredible opportunity. Contact us today to discuss the details, schedule a site visit, and explore the endless possibilities that come with owning this prime piece of land.

28 Griffith Street, Maddingley is for Sale by Expression of interest closing 12 noon, Thursday 25th July, 2024.

For More information contact Bold Property Agents
Lucky Dhiman 0478 146 335
Kiran Kaler 0412 296 835

Purchasers should make their own enquires and refer to the due diligence checklist provided by Consumer Affairs.
Click on the link for a copy of the due diligence check-list from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 28 Griffith St, Maddingley, VIC 3340

A timeline of how this property has performed in the market
Last Sold
$1,287,000
07 Dec 2023
Listed for Rent
$350/w
21 Aug 2017
  • 26 Jun 2024
    Listed for Sale Contact Agent
  • 07 Dec 2023
    Sold for $1,287,000
  • 27 Oct 2023
    Listed for Sale Contact the Stonebridge Team
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About Maddingley 3340

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:

  • The median value for Houses in Maddingley is $642,723 while the median value for Units is $485,938.
  • Houses have a median rent of $480 while Units have a median rent of $450.
There are currently 65 properties listed for sale, and 10 properties listed for rent in Maddingley on OnTheHouse. According to CoreLogic's data, 144 properties were sold in the past 12 months in Maddingley.

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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.