$1,050,000

49/71 Giles Street,Kingston ACT 2604

Apartment322
Block size: 2912 m² approx.Apartment size: 162 m² approx.

Water views from every room.

Set on the third floor of the ever-popular Aspire building on the Kingston Foreshore, a lifestyle of convenience and luxury awaits.

Offering over 160m2 of indoor and outdoor living space, not a thought has been spared in creating a space ideal for both everyday living and entertaining guests. A creative use of glass offers a pleasant view over Eastlake Parade and towards the harbour whilst separate living areas allow flexibility of use.

Quality features throughout set the scene for a truly high-end offering, including a designer kitchen with a stone top waterfall bench, customised glass splashback, European appliances and breakfast bar. The bathrooms include full-height tiles, semi-frameless shower screens, stone top vanities and plenty of storage.

Not only an ideal apartment for somebody looking to move to the Foreshore, but also for the keen investor. The current owners have used the property as short-term accommodation, have experienced a high occupancy rate and received in excess of $5,000 net income per month. There is also an option for furniture to be included in the sale if you wish to continue this arrangement.

Aspire is set on the corner of Giles Street prestigious Eastlake Parade, right in amongst the cosmopolitan lifestyle of the Kingston Foreshore. Enjoy some of Canberra's favourite restaurants, cafe's and bars, close proximity to the Parliamentary Triangle and only a short drive to the City.

Summary of features:
- Formal entry
- Three bedroom luxury apartment
- Two bathrooms
- Separate living areas
- Custom built in cabinetry to living room
- Views across Eastlake Parade towards the harbour
- Luxury kitchen with stone top waterfall bench
- Plenty of cupboard and pantry space
- Miele cook top and oven
- Undermount double basin sink
- Two separate balconies
- Main bedroom with double glazed windows
- Walk-in wardrobe and ensuite with double shower
- Designer bathrooms with full height tiling, stone top vanities and semi-frameless shower screens
- Full sized laundry with clothesline
- Generous storage options throughout
- Reverse cycle split system heating & cooling
- Fireplace
- Nobo panel heaters
- Ceiling fans
- Restricted access basement parking for two cars
- Storage cage
- Kingston Foreshore location close to local cafe's restaurants and bars
- Short drive to the Parliamentary Triangle and City CBD

Figures:
- 140m2 (approx.) internal living area
- 22m2 (approx.) balconies
- Rates $1,705pa (approx.)
- Land tax $2,224pa (approx.)
- Strata levies $6,476pa (approx.)
- Currently yielding over $5,000 per month of net income via Airbnb
- Rental potential $1,000pw
Can I afford this property?

Inspections

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

Key Details

Property Type:Apartment
Block:1
Section:52
Subdivision:49
Block Size:2912 (approx)
Apartment Size:162 (approx)
EER:6
Stamp Duty:$40,150
 
Peter Blackshaw Manuka

Maps and area information

Land Details
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Block information
Block 1 Section 52 Kingston
Block size: 2912 (approx)
Legal description: CANB/KING/52/1/49
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2019.
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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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What's Nearby

Telopea Primary School, BartonPrimary School
1.1km
Telopea High School, BartonHigh School
1.1km
The Canberra HospitalHospital
5.5km
Canberra CentreMajor Shopping Centre
3.8km
Australian National UniversityUniversity
4.5km
Aust. Federal Police CollCollege
0.8km
Kingston Post OfficePost Office
0.4km

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            Kingston Suburb Information

            Median Sale Price For Kingston
            $555,000
            Average Age
            33 years
            Population
            2,978
            Kingston Profile
            Kingston Occupancy

            Contact agents

            Peter Blackshaw Manuka

            Peter Blackshaw Manuka

            Licensed Agent & REIACT Member
            REIACT
            View agency details
            Albert StavarukPeter Blackshaw Manuka
            Please send me information on 49/71 Giles Street, Kingston ACT 2604
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            This listing has been viewed 7392 times. It was first displayed on 09/01/19 and last updated on 08/09/19.