Think Yield and Equity in Canberra's Best Location

03/10 Parbery Street,Kingston ACT 2604

$680,000

RetailOfficeRetailOther CommercialSize: 108 m² (approx)
Block size: 103 m² approx.Retail size: 133 m² approx.On floor: 1 of 5

Think Differently, Live Better - This is the message at Kingsborough - the designer precinct set within the Kingston Foreshore offering the perfect mix of boutique retail spaces and residential properties. And truly, Shophouse LG03/10 shows that, offering a positively geared investment opportunity


The Shophouse Building sits centre stage of the Kingsborough Village and houses a rare Retail/Residential combination property opportunity


The Ground Floor Shop - 43sqm metres with toilet and cabinetry included - is one of only 9 retail spaces available in the building, and will perfectly suit any small business looking to make the most of the affluent and dense population now residing at Kingsborough. A coffee house, micro-brewery, bike repair shop and Yoga studio are already underway showcasing the desirability.


The 1 Bedroom Unit is what so many tenants are looking for - a large space, with privacy and versatility set within easy access of the Parliamentary Triangle and shops. Boasting 65sqm of living (this does not include the Shop or private Garage), with a very large bedroom - with ample BIR space and private balconies, high ceilings throughout, SMEG appliances and designer cabinetry in the Kitchen, Italian Herring bone tiles to common areas and woven-wool carpets to the bedrooms, views into the village and another large balcony topped off with a private garage on the ground floor and secure access.


The Kingsborough Development team delivered above and beyond - double glazed windows throughout the village, solar panels and battery storage, easy to maintain common areas and small B/C committees to better manage your investment.

Your potential yield here is;

• Shopspace - $400/sqm metre, $17,200/year

• Apartment - $500/week, $26,000/year

This investment will suit the buyer looking to capture the increasing rental yields, demand for quality construction and spread their portfolio into the retail sector.


Features
  • Air Conditioning
  • Body Corporate
  • Dishwasher
  • Double Glazed Windows
  • Dual Access
  • Electric Garage Doors
  • Existing Fit Out
  • Natural Light
  • Net Lettable Area from 40 m<sup>2</sup> to 50 m<sup>2</sup>
  • New Construction
  • Outdoor Entertaining Area
  • Reverse Cycle a/c
  • Solar Panels
  • Street Frontage
  • Study Nook
  • Three Phase Power
  • Undercover Car Space

Inspections

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

Key Details

Property Type:Retail, Office, Retail, Other Commercial
Block Size:103 (approx)
Retail Size:133 (approx)
Stamp Duty:$0
Floor:1 of 5

Map

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What's Nearby

Telopea Primary School, BartonPrimary School
1.4km
Telopea High School, BartonHigh School
1.4km
The Canberra HospitalHospital
5.4km
Canberra CentreMajor Shopping Centre
4.3km
Australian National UniversityUniversity
5km
St Edmund's CollegeCollege
0.8km
Kingston Post OfficePost Office
0.6km
Dovers & Co Property Services PTY LTD

Kingston Suburb Information

 
 
Average Age
33 years
Population
2,978
Kingston Profile
Kingston Occupancy

Contact agents

Dovers & Co Property Services PTY LTD

Dovers & Co Property Services PTY LTD

View agency details
Stuart DoversDovers & Co Property Services PTY LTD
Please send me information on 03/10 Parbery Street, Kingston ACT 2604
Only to be used for sending genuine email enquiries to the Agent. All Homes Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.
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Contact agents

Dovers & Co Property Services PTY LTD

Dovers & Co Property Services PTY LTD

View agency details
Stuart DoversDovers & Co Property Services PTY LTD
Please send me information on 03/10 Parbery Street, Kingston ACT 2604
Only to be used for sending genuine email enquiries to the Agent. All Homes Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
This listing has been viewed 839 times. It was first displayed on 16/05/19 and last updated on 04/09/19.