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Off Market

12/31 Giles Street

Kingston ACT 2604

2
2
1
Apartment
Nick PurnellNick Purnell, last sold this property on 07 October 2021 after 56 days on market.

Overview

Dual key investment opportunity.

Positioned in the sought after boutique complex The York on Giles Street, this dual key investment opportunity is not to be missed. It's a mere stone's throw from the Kingston Shops and equally accessible to local schools and transport routes. It is also a pleasant and easy stroll to the foreshore of Lake Burley Griffin which is bustling with the boardwalk cafes, restaurants and bars. Both units are fully furnished and ready to move into. The dual key apartment is situated on the top floor, positioned in a North East aspect and boasts lovely views over the landscaped gardens that the 'York' has to offer. With large windows capturing lots of light and reverse cycle air-conditioning you will be comfortable all year round. The properties will appeal to an investor looking for ultimate returns. Both apartments currently rent for a total of $845 per week, one until April 2023 and the other until January 2022. Summary: Dual key investment opportunity North East Aspect One furnished one bedroom apartment One furnished studio apartment Conveniently situated just across from the Kingston Shops Figure summary (all approx.): Body corporate: $985p.q General rates: $642p.q Water & sewerage: $166p.q Land tax (if let): $897p.q

Features

2 bedrooms
2 bathrooms
1 carspace
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Kingston over the last 12 months, the estimated median property value of 12/31 Giles Street is $692.5k.

Median value
$692.5k
Estimated value range
$510k - $2.7m
Median days on market
33
Estimated value trend
1%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Kingston. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 12/31 Giles Street

2021
Sold
Undisclosed
Auction Sale on 07 Oct 2021 by Nick Purnell, of PURNELL

Happy sellers in Kingston

85%
85% of sellers in Kingston reported that their sale price either exceeded or met their price expectations.

Kingston stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 79 reviews in Kingston over the last 12 months.

Local market activity for 2 bedroom apartments in Kingston

In the last 12 months, 146 two-bedroom apartments similar to 12/31 Giles Street, have been sold.

This represents a 11% increase in two-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Kingston

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Nick Purnell

Sellers who recommend Nick Purnell have praised them for being local expert, clear communication, responsive, supportive, honest, friendly and well-prepared

  •   4.9   (462 reviews)
  •  48 Reviews in Kingston
  •  67 Sales in Kingston
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Linda Lockwood

Sellers who recommend Linda Lockwood have praised them for being local expert, supportive, trustworthy, detail-oriented, friendly, honest and clear communication

  •   4.9   (66 reviews)
  •  7 Reviews in Kingston
  •  9 Sales in Kingston
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Steph Hoss

Sellers who recommend Steph Hoss have praised them for being clear communication, local expert, responsive, well-prepared, friendly, dedicated and supportive

  •   5   (72 reviews)
  •  5 Reviews in Kingston
  •  8 Sales in Kingston
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Josh Bruce

Josh Bruce is a recommended agent for Kingston.  They have 2 local sales and collected 5 local reviews across the last 12 months.

  •   5   (27 reviews)
  •  5 Reviews in Kingston
  •  2 Sales in Kingston
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