Back 3 Hackman Street
Off Market

3 Hackman Street

Mcdowall QLD 4053

3
2
3
670 m²
House
Last sold for $821,800
Michael MillsMichael Mills, last sold this property on 19 February 2023 after 270 days on market.

Overview

Commercial and Residential Package with Investment Success - Great Returns

This unique property offering represents an exciting opportunity to acquire a versatile future business & residential package in the popular McDowall community. It has been well-designed and is presented in top condition featuring a generous three-bedroom residence with a successful day care centre below. The property is well-appointed throughout and offers an excellent investment prospect with an established income stream and a quiet location that has local parks, shops and bus connections all within a stroll from the front door. Features include: • 3-bed 2-bath residence upstairs with day care centre below • Currently leased to a single tenant and returning $1,095.00 per week with yearly increases. • $420 residential lease plus $675 per week on a commercial lease • Lease commenced 2/12/2019 with a three year lease including 2 x 3 Year lease options • Modern kitchen and bathrooms plus three bedrooms with ceiling fans • A large covered entertainment area that leads off the dining space • The day care centre has a playground and covered outdoor area • Scope to use as an investment, future home business or home plus income • Bus stop close to the front door, moments to neighbourhood parklands

Features

3 bedrooms
2 bathrooms
3 carspaces
3 open car spaces
670 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Mcdowall over the last 12 months, the estimated median property value of 3 Hackman Street is $1.22m.

Median value
$1.22m
Estimated value range
$850k - $1.5m
Median days on market
26
Estimated value trend
18%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Mcdowall. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 3 Hackman Street

2023
Sold
$821,800
Private Sale/Treaty on 19 Feb 2023 by Michael Mills, of Denovans Real Estate

Happy sellers in Mcdowall

89%
89% of sellers in Mcdowall reported that their sale price either exceeded or met their price expectations.

Mcdowall stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 33 reviews in Mcdowall over the last 12 months.

Local market activity for 3 bedroom houses in Mcdowall

In the last 12 months, 21 three-bedroom houses similar to 3 Hackman Street, have been sold.

This represents a 9% increase in three-bedroom houses sales when compared to the previous 12 months.

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