$329,000

125/50 Eastlake Parade,Kingston ACT 2604

Apartment111

TINY HOUSE LIVE IN or SMSF BUYERS - here’s your Foreshore chance!

You’ve been glued to Foxtel watching all those TINY HOUSE shows, thinking “wouldn’t it be great if my environmental footprint was smaller! I don’t need a lot of space”. To have a smaller footprint, that would mean leaving the Foreshore! That would mean no more walks around the Lakes and ad hoc dropping into coffee shops, and having sojourns on Go-Boats ! You can’t think of living anywhere else in Canberra, but you simply can’t survive the thought of living in those massive 60m2 one bedroom apartments !

The TINY HOUSE concept is expanding – and you never thought it was possible at Kingston Foreshore – but it is ! As well as the very private balcony, you also have the option of a roof-top garden on Level 4 if you feel the need to expand your horizons.

In the heart of the Foreshore, there is a TINY HOUSE gem ! Incredibly deceptive at 39m2, this light, bright studio apartment is located on Level 1 on the quiet side of the prestigious 'Quayside' residential development. When visiting for the first time, I was completely taken aback to find an incredibly comfortable home, without feeling I was in a small area. The home has been modified where the kitchen has been expanded, and an array of storage options along one wall ensures you have storage for all your treasures.

For those who thought the one bedroom apartment market was out of their reach – you now have a brilliant option at $329,000 to call Kingston Foreshore your home.

Naturally with a conservative rent appraisal of $370-$400pw, the possible gross yield of 5.85% * to 6.32% * will no doubt attract SMSF buyers or investors.

All the action and amenities of the vibrant harbour precinct are at your doorstep, including popular bars, restaurants, cafes and the Bus Depot Markets. Conveniently positioned within close proximity to the Parliamentary Triangle, major government departments, cultural institutions and the airport.

This studio apartment offers high quality fittings throughout and would suit a busy professional, SMSF or investor, or a TINY HOUSE enthusiast.

*based on a sale price of $329,000

FEATURES:

- Massive TINY HOUSE home of 39m2 with 10m2 balcony
- SMSF or Investor friendly with a fantastic gross yield
- Secure parking space with lockup storage
- Secure lift access and video intercom
- Double glazing
- Smeg wall oven and electric cooktop
- Integrated dishwasher plus washing machine
- Complete with modern furnishings
- Hitachi reverse cycle air conditioning
- Large modern bathroom with floor to ceiling tiles
- Access to rooftop garden on Level 4
- NBN internet connection available
- Covered and private balcony
- Car allocation plus larger than normal storage cage
Living 39m2
Balcony: 10m2
Car Space: 15m2
Storage: 2m2
Total : 66m2
EER: 6
Body Corporate: $2,234.64 per annum
Rates: $1,492.54 per annum
Land Tax: $1,644.44 per annum
WS&S: $653.00 approx per annum

Rent Appraisal from Little Bird Properties: $370-$400 per week available.

(All measurements and figures are approximate)
Can I afford this property?

Inspections

Saturday, 16 Nov
11:45 AM - 12:30 PM

Key Details

Property Type:Apartment
Block:7
Section:48
Subdivision:25
EER:6
Stamp Duty:$5,586

Maps and area information

Land Details
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Block information
Block 7 Section 48 Kingston
Legal description: CANB/KING/48/7/25
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2019.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
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.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

What's Nearby

Telopea Primary School, BartonPrimary School
1.2km
Telopea High School, BartonHigh School
1.2km
The Canberra HospitalHospital
5.5km
Canberra CentreMajor Shopping Centre
3.9km
Australian National UniversityUniversity
4.6km
Aust. Federal Police CollCollege
0.9km
Kingston Post OfficePost Office
0.4km
Christine Shaw Properties
Next Inspection:
Sat 16 Nov,
11:45 AM

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            Kingston Suburb Information

            Median Sale Price For Kingston
            $562,000
            Average Age
            33 years
            Population
            2,978
            Kingston Profile
            Kingston Occupancy

            Contact agents

            Christine Shaw Properties

            Christine Shaw Properties

            Licensed Agent & REIACT Member
            REIACT
            View agency details
            Christine ShawChristine Shaw Properties
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            This listing has been viewed 742 times. It was first displayed on 30/10/19 and last updated on 11/11/19.