Back 9/31 Giles Street
Off Market

9/31 Giles Street

Kingston ACT 2604

2
2
1
96 m²
Apartment
Last sold for $790,000
Nick PurnellNick Purnell, last sold this property on 17 June 2025 after 68 days on market.

Overview

Two for the Price of One

Located in 'The York' which is a low-rise boutique building of only 16 units on one of the main Streets in Kingston, this excellent dual key investment opportunity is not to be overlooked. It's right next door to the Kingston Shops and similarly accessible to local schools and transport routes. It is also a pleasant and easy stroll to the foreshore of Lake Burley Griffin where you can enjoy many different eateries. If you work in the Parliamentary Triangle then it's a short walk or ride and you can leave your car at home. The dual key apartment is situated on the ground floor and boasts lovely leafy views over the landscaped gardens that the 'York' has to offer. With large windows capturing lots of light on both sides of the property, both properties will enjoy the winter warmth and reverse cycle air-conditioning will also keep you comfortable all year round. The properties will appeal to an investor looking for ultimate returns. The apartments will suit a busy executive or couple wanting to be close to Canberra's best restaurants, bars & shops. The studio is currently rented at $450 per week until August 2025 and the one bedroom is vacant and ready to move into so you could live in one apartment and rent the other to supplement your mortgage payments. The one bedroom we would expect to rent for $500 per week if you wished to rent both properties. In Summary: - Dual key investment opportunity - One bedroom apartment & studio apartment included on one title - Could be converted (subject to body corporate approval) to one large two bedroom - Conveniently situated just across from the Kingston Shops - Walking distance to the Parliamentary Triangle - Great investment return or AirBNB potential - 96m2 of living space + 10m2 of balcony Figure summary (all approx.): - Body corporate: $1,398 p.q - General rates: $710 p.q - Water & sewerage: $195 p.q - Land tax (if let): $931 p.q - Built in 1996 - EER 6.0 stars

Features

2 bedrooms
2 bathrooms
1 carspace
96 m² floor area
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 9/31 Giles Street is $689k.

Median value
$689k
Estimated value range
$510k - $1.2m
Median days on market
34
Estimated value trend
-1%
decrease 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 9/31 Giles Street

2025
Rented
Undisclosed
Leased on 22 Jul 2025 by PURNELL
2025
Sold
$790,000
Private Sale/Treaty on 17 Jun 2025 by Nick Purnell, of PURNELL
2024
Rented
Undisclosed
Leased on 12 Sep 2024 by 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 83 reviews in Kingston over the last 12 months.

Local market activity for 2 bedroom apartments in Kingston

In the last 12 months, 160 two-bedroom apartments similar to 9/31 Giles Street, have been sold.

This represents a 2% decrease in two-bedroom apartments sales when compared to the previous 12 months.

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