$619,000

6/31 Giles St,Kingston ACT 2604

House2bedrooms2bathrooms1garage spaces
UV: $3,478,000 (2017)

Perfect investment opportunity or amazing lifestyle on offer in the heart of Kingston

$730 per week gross income

Located at The York' on Giles street this dual key apartment is just steps away from some of Canberra's best cafs, restaurants, bars and only moments from Manuka, Kingston Foreshore, Lake Burley Griffin and the Parliamentary Triangle. This would perfectly suit someone entering into the market or an investor looking for great returns.

The apartment offers both a fully self-contained studio which is rented long term for $320 per week and an amazing one bedroom unit with generously proportioned living areas, bedroom space and a large balcony overlooking the established streets of Kingston currently returning $410 per week.

With the option of living in the funky studio space and renting the apartment you can pay off your mortgage and live in this amazing location at the same time.
Showcasing great options for an owner occupier or a savvy investor looking to add to their portfolio this sustainable and well thought out dual key apartment is not one to miss.

Features include:
- Dual key apartment in a boutique building
- Exceptional rental return
- Reverse cycle air conditioning
- Generous living spaces
- Spacious kitchen(s) with great storage
- Fantastic view over Kingston
- Balcony with living room access
- Secure parking

Outgoings
Body corporate $937 per quarter
Rates $554 per quarter
Land tax $850 per quarter
Can I afford this property?

Inspections

No open times scheduled. Contact Agent to arrange a viewing.

Block map

Block Map

Key Details

Property Type:House
Block:4
Section:24
EER:0.0
Unimproved Value:$3,478,000 (2017)
Stamp Duty:$16,204
Rates:Approx. $20,263 pa (Assuming residential)
Land Tax:Approx. $37,591 pa (If rented out)

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What's Nearby

Telopea Primary School, BartonPrimary School
0.6km
Telopea High School, BartonHigh School
0.6km
The Canberra HospitalHospital
4.9km
Canberra CentreMajor Shopping Centre
4km
Australian National UniversityUniversity
4.4km
Aust. Federal Police CollCollege
0.6km
Kingston Post OfficePost Office
0.2km

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            Kingston Suburb Information

            Median Sale Price For Kingston
            $520,000
            Average Age
            33 years
            Population
            2,978
            Kingston Profile
            Kingston Occupancy
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            This listing has been viewed 1291 times. It was first displayed on 10/08/18 and last updated on 18/09/18.