Think Yield and Equity in Canberra's Best Location
03/10 Parbery Street,KingstonACT2604
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.
Double Glazed Windows
Electric Garage Doors
Existing Fit Out
Net Lettable Area from 40 m<sup>2</sup> to 50 m<sup>2</sup>
Outdoor Entertaining Area
Reverse Cycle a/c
Three Phase Power
Undercover Car Space
No open times scheduled. Contact Agent to arrange a viewing.
Property Type:Retail, Office, Retail, Other Commercial