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Own your piece of the Foreshore - leased until Q2 2022

27 Eastlake Parade, Kingston ACT 2604

Last Asking Price - $1,500,000

RetailSize: n/a
UV: $10,450,000 (2011)
For sale via Private Treaty, this large waterfront retail unit is ideally situated on the Kingston Foreshore, with high levels of passing traffic to maximise exposure.  

The Dockside development is positioned on a high-profile corner site with direct frontage to the Kingston Harbour and Foreshore, as well as Eastlake Parade and Trevillian Quay in the heart of the Kingston Foreshore precinct.

The high profile 14,000m² development comprises a mix of retail and residential units, and is surrounded by a mix of retail, office and residential properties providing high demand for services, restaurants and amenities.

Unit 135 provides 169m² of retail space, 64m² of outdoor seating area, 3 secure basement carparks and a combined 115m² of storage space and includes additional kitchenette and bathroom facilities.

The unit is currently leased until 30 April 2022 to Keggins Estate, who are currently developing Sapphire at the Kingston Foreshore, and using the unit as a high quality and fitted out display suite. Keggins Estate recently extended the lease for a further 2 years from April 2020.

The estimated net passing income for the property is $112,021ex GST per annum.

Contact Colliers International for more information and to arrange an inspection.

Inspections

No open inspections scheduled.

Send an enquiry

Contact Matthew Winter to learn more about this property, request an inspection or take an online tour.

Key details

Property Type:Retail
Block:1
Section:63
Unimproved Value:$10,450,000 (2011)
Colliers International Canberra

Maps and area information

Land Details
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Block information
Block 1 Section 63 Kingston
Unimproved value: $10,450,000 (2011)
Legal description: CANB/KING/63/1/
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2020.
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The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
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Enrolment areas for ACT public schools.

What's nearby

Telopea Primary SchoolPrimary School
1.1km
Telopea High SchoolHigh School
1.1km
The Canberra HospitalHospital
5.6km
Canberra CentreMajor Shopping Centre
3.7km
Australian National UniversityUniversity
4.4km
Aust. Federal Police CollCollege
0.8km
Kingston Post OfficePost Office
0.5km
Canberra Institute Of TechnologyTafe
2.1km

Property history
New

Suburb and property insights

Median salesMedian salesUnimproved value for 27 Eastlake ParadeUnimproved value for 27 Eastlake Parade
Median Sale Price For Kingston
$548,500
Average Age
33 years
Population
4,424
Kingston's Property Profile
Kingston's Occupancy
Average Age
33 years
Population
4,424
Kingston's Property Profile
Kingston's Occupancy

Contact agents

Colliers International Canberra

Colliers International Canberra

Licensed Agent & REIACT Member
REIACT
View agency details
Matthew WinterColliers International Canberra
Please send me information on 27 Eastlake Parade, Kingston ACT 2604
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Listing ID: 177350512. This listing has been viewed 417 times. It was first displayed on 30/09/2019 and last updated on 16/09/2020.