Back 24/47 Kennedy St
Off Market

24/47 Kennedy St

Kingston ACT 2604

2
1
5017 m²
Apartment
Last sold for $420,000
Nick PurnellNick Purnell, last sold this property on 12 November 2018 after 102 days on market.

Overview

Fantastic Kingston Location and Rented On A Long Term Lease

Supremely located on Kingston's Kennedy Street with an abundance of local cafes, restaurants and bars at your doorstep, this spacious two bedroom apartment is in the heart of the best lifestyle precinct Canberra has to offer. Further away but still a short walk is Lake Burley Griffin, the Kingston Foreshore and the Parliamentary Triangle. Stepping inside you will be taken aback by the shear size of the property, it has a large living area, separate dining area and kitchen, two large balconies, a separate toilet and the floor plan has been carefully thoughtout so that there is no common wall between the bedrooms. There are floor to ceiling windows on both sides of the property which allows for fantastic cross ventilation in the summer and all day sun.  The property is currently tenanted on a fixed term lease for $410 per week and therefore when coupled with the low body corporate fees is getting a great return. Features: Spacious and well thoughtout floor plan  Two large balconies Separate toilet Walking distance to Parliamentary Triangle, Kingston Shops, Kingston Foreshore and Lake Burley Griffin Set and forget investment that is already tenanted so no setup costs  

Features

2 bedrooms
1 bathroom
5017 m² lot size
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 24/47 Kennedy St is $700k.

Median value
$700k
Estimated value range
$530k - $2.7m
Median days on market
34
Estimated value trend
2%
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 24/47 Kennedy St

2024
Rented
Undisclosed
Leased on 22 Jul 2024 by Burgess Rawson Canberra
2018
Sold
$420,000
Private Sale/Treaty on 12 Nov 2018 by Nick Purnell, of PURNELL

Happy sellers in Kingston

83%
83% 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 77 reviews in Kingston over the last 12 months.

Local market activity for 2 bedroom apartments in Kingston

In the last 12 months, 139 two-bedroom apartments similar to 24/47 Kennedy St, have been sold.

This represents a 22% increase in two-bedroom apartments sales when compared to the previous 12 months.

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