Back 306/55 The Causeway
Off Market

306/55 The Causeway

Kingston ACT 2604

2
2
2
Apartment
Last sold for $875,000
Mark LarmerMark Larmer, last sold this property on 28 March 2023 after 53 days on market.

Overview

Two bedrooms plus separate study room with 97m2 living and a view to cherish buyers guide price from $825,000

Imagine a new lifestyle, one of ease of care and low maintenance, one where relaxation and entertaining becomes the priority, all packaged up in a modern, extra-large, 2 bedroom plus separate study unit set over a single level, this is just a taste of the benefits on offer at Unit 306 Peninsula. Offering an Easterly aspect over the Jerrabomberra Wetlands ensures you will never be built out and no-one can see in for the ultimate in privacy and tranquillity. The light filled living spaces are an immediate observation and the main bedroom as well as the living areas enjoy the reserve outlook. The 2 bedrooms are ample size and able to accommodate queen or king beds plus they are separated from each other by the bathrooms ensuring privacy for each occupant. The up-market kitchen has top quality fittings and appliances, soft close lower drawers, a hidden bread cupboard, plus a large walk-in pantry for an organiser's delight. Adjacent to the kitchen is a defined oversized dining area; separated from the entrance by a spacious study room with purpose-built desk & cabinetry for those working from home. Completing the living area is your spacious covered balcony for year-round indoor/outdoor living. Listen to the sounds of the wetlands as you enjoy a meal or glass of wine. In the basement there are 2 allocated car spaces and a storage enclosure and this storage is a theme throughout the interior of the unit itself so if you are looking to downsize you are sure to find space for all your 'extras' without needing to compromise. The lifestyle at the Kingston Foreshores offers so much right on your doorstep. Lake Burley Griffin and its foreshore paths allow a circumnavigate for those looking for a little exercise, and when its time to refuel, whether that's a light breakfast and coffee, or a more elaborate lunch, or a luxurious dinner, there is a wealth of options to select from. Best of all these food and beverage facilities are conveniently located 200-300m away from the Peninsula development which is 100% residential occupied with no business operations disturbing your relaxation. To get a copy of the digital brochure containing an explanation of our friendly sales campaign and the full contract, please send us an email and note your full name and mobile number and it will be automatically sent to you immediately. Features Overview: Positioned 3 stories high in the 6-year-old 'Peninsula' complex Tranquil, uninterrupted outlook over Jerrabomberra Wetlands from living areas, main bedroom and covered terrace Direct lift access from basement & ground level to your floor (no stairs to navigate) Walking distance to Kingston foreshore eateries, bars, & boutique retailers 100% residential building, no commercial businesses operate Communal facilities of Peninsula include 2 outdoor BBQ and entertaining areas (located on level 2 and level 5) with the rooftop terrace offering 380m2 and uninterrupted views over Lake Burley Griffin and the Jerrabomberra Wetlands Two separate car spaces in restricted entry basement with a lockable storage enclosure CCTV cameras throughout the development for increased security Peninsula was awarded the Master builder's award in 2017 in the category of 'Apartments & Units 4 storeys above' and the HIA award in 2017 Pet Friendly (subject to strata notification) Vacant possession and early access prior to settlement available if you need to move in quickly Flexible settlement options available if you have another property you want, or need, to sell The Apartment: Light filled open plan living and dining areas with access to generous, fully covered terrace Sleek & stylish modern kitchen fitted with AEG appliances, waterfall stone benchtops, & ample storage, electric pyrolytic oven and 900mm induction cooktop, microwave and dishwasher Segregated main bedroom with uninterrupted reserve views and direct sliding door access to terrace Ensuite and main bathroom separate the two bedrooms, each with with full height tiling, shower, toilet, vanity, under tile heating 2nd bedroom has 2 separate, sliding door built-in robes Heat recovery ventilation (HRV) to ensure fresh air circulates reducing any likelihood of condensation Floor to ceiling double glazed windows and doors throughout Ducted reverse cycle heating & cooling Space saving European-style laundry with dryer included in sale (separate from bathroom) Video intercom access to building for guests NBN connected FTTP and wired for Foxtel LED downlighting throughout High quality window treatments Abundance of storage throughout the apartment including entry cupboard & linen cupboard and walk in pantry Separate study room at entry with built in desk, all ready for your WFH space or emergency 3rd bedroom for overnight guests The numbers: Size of living: 97m2 Size of balcony: 12m2 Age: 6 yrs (built April 2017) General rates: $2,108 p.a. Water & sewerage rates: $ 702 p.a. Strata levies: $5,804 p.a. Land tax (investors only): $2,604 p.a. EER: 6 stars (out of 6 stars) Name of development: Peninsula Level in building: 4 of 6 Potential rental return: $780/wk Developer/builder: Maddison Constructions & Creative Building Services Number of units in development: 66 Strata manager and contact number: Independent Strata - 62091515 Units plan number: 4294

Features

2 bedrooms
2 bathrooms
2 carspaces
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 306/55 The Causeway is $705k.

Median value
$705k
Estimated value range
$537k - $1.5m
Median days on market
33
Estimated value trend
3%
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 306/55 The Causeway

2025
Rented
Undisclosed
Leased on 27 Apr 2025 by Ray White Canberra
2023
Sold
$875,000
Private Sale/Treaty on 28 Mar 2023 by Mark Larmer, of Independent Property Group North
2020
Rented
Undisclosed
Leased on 25 Jun 2020 by Independent Property Group North

Happy sellers in Kingston

80%
80% 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 84 reviews in Kingston over the last 12 months.

Local market activity for 2 bedroom apartments in Kingston

In the last 12 months, 122 two-bedroom apartments similar to 306/55 The Causeway, have been sold.

This represents a 33% increase in two-bedroom apartments sales when compared to the previous 12 months.

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