$399,000

61/41 Eastlake Parade,Kingston ACT 2604

Apartment111

Find the sun & find the fun at Kingston Foreshore


Get ready & get excited as the Kingston Foreshore starts to come alive, as Canberrans come out of hibernation & start chasing the sun & finding the fun. With numerous bars, cafes, restaurants & exciting activities in & around the lake, there is always something to do & something to keep you fit & healthy.

Choose from a walk, run or bike ride around the lake, hit one of the nearby gyms, take a kayak out for a paddle & then take your friends out on a GoBoat for a picnic & a little fun.

FIRST HOME BUYERS:

Would you like to secure a property & take advantage of the free stamp duty, but don't really want to move now? If so, you have the option to buy now & rent the property for the first year then move in afterwards once the lease is up. This option is available to all first home buyers & we'll be happy to chat further with any questions you may have. Give yourself lots of time to think about what furniture you would like & best of all the tenant will be paying the majority, if not all your mortgage for you, thanks to the rental yield of $430/week which equals $22,360 for the year.

INVESTORS:

Currently leased at $430/week until 14th September 2020, this property will suit an investor seeking strong rental returns & a set & forget investment in an area that is in high demand. That's a gross rental yield of 5.6% plus we have a depreciation schedule available which can be passed on to decrease your tax further.

SMS " 61 Element" to 0407 12 14 12 to get a copy of the digital brochure containing the marketing contract & more info on this apartment.

Apartment Features:

  • Kitchen features stone bench tops, Miele cooktop & oven plus ducted range hood, integrated fridge/freezer & dishwasher
  • Double glazed windows
  • Ducted reverse cycle air conditioning
  • NBN connected. Fibre to the Premises
  • Timber flooring in living areas, carpet in bedroom
  • 2 way bathroom design
  • Sliding door built in robes in bedroom
  • Large storage cupboard
  • Internal laundry with combined washer/dryer
  • 1 car space & a storage enclosure
  • Pets welcome (subject to body corporate notification)

'Element' development features:

  • Located directly on the Kingston foreshore promenade
  • Building designed by Cox Architecture
  • Numberplate recognition & smart lighting to lead to your car space
  • Glass lifts with water views direct from basement & foyer to your level
  • Intercom entry to building & basement for guests
  • Numerous security cameras around building
  • Pet friendly (subject to body corporate notification as a formality)

Low body corporate fees & living costs thanks to the:

  • High level of technological integration
  • Solar panels & rainwater harvesting
  • Intelligent lighting systems & energy monitoring technology
  • Double glazed windows

Virtual building manager which allows residents to remotely book shared facilities such as the:

  • Rooftop garden & barbecue areas
  • 8 person cinema
  • Parcel lockers so couriers can safely deposit packages, owners then receive an email notification.

Offer Process:

  • Offers can be subject to finance, however, unconditional offers on a contract are preferred.
  • We have a solicitor pre-allocated to provide a FREE contract review.
  • Offers are confidential & not disclosed to other buyers.
  • After a buyers offer is accepted, they will have ample opportunity to view the property again, finalise the loan approval & show family & friends before unconditional exchange.
  • A 5% deposit (which can be payable via BPay) is only required just prior to exchange of contracts (generally around 2 weeks from acceptance of a conditional offer)


Features
  • Body Corporate
Can I afford this property?

Inspections

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

Block map

Block Map

Key Details

Property Type:Apartment
Block:1
Section:64
Subdivision:61
EER:6
Stamp Duty:$7,966

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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
4.5km
Aust. Federal Police CollCollege
0.9km
Kingston Post OfficePost Office
0.5km
Independent Inner North & City

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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

            Independent Inner North & City

            Independent Inner North & City

            Licensed Agent & REIACT Member
            REIACT
            View agency details
            Aaron LewisIndependent Inner North & City
            Mark LarmerIndependent Inner North & City
            Please send me information on 61/41 Eastlake Parade, Kingston ACT 2604
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            This listing has been viewed 1004 times. It was first displayed on 22/08/19 and last updated on 17/09/19.