7/127 Madigan Street, Hackett, ACT 2602

$299,000+

Apartment
Type
1
Bedrooms
1
Bathrooms

Last updated on Monday, April 06, 2026 ( See property details for 7/127 Madigan Street, Hackett, ACT 2602)

$299,000+

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A well-positioned, low-maintenance ground floor apartment in Hackett offering excellent rental potential and convenient access to local amenities.

🏑 Property Highlights

  • Ground floor apartment with easy accessibility in a quiet neighbourhood
  • Strong rental appeal with tenants in place until September 2026 at $390 per week
  • Functional open plan layout with natural light from east and west facing windows
  • Close proximity to universities, schools, shops, and amenities
  • Low maintenance living ideal for investors, downsizers, and students
  • Communal facilities including laundry, clotheslines, and bike shed

✨ Key Features

  • Open plan living, dining and kitchen with a simple, functional layout
  • Kitchen with ample storage, and Nova standalone gas cooktop + oven
  • Carpet throughout
  • Block out curtains
  • Built in wardrobe with overhead storage
  • Bathroom with integrated laundry, vanity, shower, toilet and shaving cabinet
  • Communal laundry
  • Communal clotheslines
  • On site + visitor parking
  • Lock up bike shed

Hackett is a peaceful suburb renowned for its convenient location, close to educational institutions, shopping centres, and parks. It offers excellent connectivity for professionals and students alike, with a strong rental demand. The area features a quiet, family-friendly environment with easy access to public transport and local amenities. Its well-maintained streets and community facilities make it an attractive place for both living and investing.

What is the current rental income and lease term?
The property is tenanted until 8th September 2026 at a weekly rent of $390.
What are the ongoing strata fees and council rates?
Strata management fees are $1,050 per quarter, and council rates are $888 per quarter.
Is the property suitable for investment or owner-occupier?
This property is ideal for both investors seeking strong rental returns and downsizers or students looking for low-maintenance living.
Are there communal facilities available?
Yes, the property includes access to communal laundry, clotheslines, and a lock-up bike shed.
What is the energy efficiency rating of the apartment?
The apartment has an Energy Efficiency Rating (EER) of 6 stars.
Are there any upcoming planned developments or zoning changes in the area that could affect the property value? What are the potential costs for repairs or upgrades not covered in the current strata fees? Is there any history of flooding, bushfire risk, or other environmental hazards in the area? Are there any restrictions or easements on the property that could impact future renovations? What are the terms of the current lease, and are there any conditions that could change upon sale?

7/127 Madigan Street, Hackett, ACT 2602 - More Details

$299,000+

PLEASE NOTE THIS PROPERTY IS TENANTED UNTIL THE 8TH OF SEPTEMBER 2026 AT $320pw.
Inspections by appointment, please call to arrange.

Positioned in a quiet, well-connected pocket, this ground floor apartment offers a smart and low maintenance opportunity for investors, downsizers and students alike. With a functional open plan layout and easy access to key amenities, it delivers strong rental appeal and everyday convenience in equal measure.

The open plan living, dining and kitchen area is practical and light filled, featuring a well-equipped kitchen with ample storage and a Nova gas cooktop and oven. Carpet throughout, block out curtains and natural light from East and West facing windows create a comfortable living environment.

The bedroom includes built in storage, while the bathroom incorporates an integrated laundry for added convenience. Communal facilities including laundry, clotheslines and a lock up bike shed further enhance the overall functionality.

With on site and visitor parking, a quiet neighbourhood setting and ground floor accessibility, the property is easy to live in and even easier to lease. Positioned within walking distance to Dickson College, the Australian Catholic University and local shops, and just minutes to Dickson Town Centre, this is a highly convenient location with consistent rental demand from students and professionals.

Property Features:
β€’ Open plan living, dining and kitchen with a simple, functional layout
β€’ Kitchen with ample storage, and Nova standalone gas cooktop + oven
β€’ Carpet throughout
β€’ Block out curtains
β€’ South facing with east and west facing windows allowing natural light
β€’ Built in wardrobe with overhead storage
β€’ Bathroom with integrated laundry, vanity, shower, toilet and shaving cabinet
β€’ Communal laundry
β€’ Communal clotheslines
β€’ On site + visitor parking
β€’ Ground floor positioning
β€’ Lock up bike shed
β€’ Quiet neighbourhood
β€’ Close to schools, university, shops, parks and a wide range of local amenities

Nearby Amenities:
PEA: Ainslie School – 4.1km (7 min drive)
PEA: North Ainslie Primary School – 1.6km (3 min drive)
PEA: Campbell High School – 4.9km (8 min drive)
PEA: Gungahlin College – 11.9km (16 min drive)
PEA: Dickson College – 800m (10 min walk)
Local Hackett Shops – 750m (10 Min Walk)
Dickson Shopping Centre – 2.3km (4 Min Drive)
Watson Shops – 2.2km (3 Min Drive)
Australian Catholic University – 1.2km (15 Min Walk)
University of Canberra – 8.6km (12 Min Drive)
CIT Reid – 5.8km (10 Min Drive)
UNSW Australian Defence Academy – 7.3km (10 Min Drive)
Blue Gum Pre + Primary School – 2.7km (5 Min Drive)
Calvary Private Hospital – 8.7km (13 Min Drive)

Property Specification:
Built: 1974
Internal living: 36.70m2
Energy Efficiency Rating (EER): 6 Stars
Rates: $888.00pq
Land Tax (Investors Only): $1,627.13pq
Strata Manager: Wright Dunn
Body Corporate (Admin + Sinking): $1,050.00pq
Units in Complex: 28
Estimated Weekly Rent $320pw

* To receive the contract of sale, building report, and additional documents via email within just 10 minutes of your enquiry, please fill out the online request form. Be sure to check both your inbox and junk folder for prompt delivery, available 24/7.

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Type
Apartment
Bedrooms
1
Bathrooms
1

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