SoldApr 21, 2023

UG14/17 The Causeway, Kingston, ACT, 2604

$486,000

1
1
1
50 m²

Apartment

•

30+ days on the market

Sold: Apr 21, 2023

What's around UG14/17 The Causeway

Beautiful 1 Bedroom, High Yield Apartments for Sale

This stunning, as new 1 bedroom, 1 Bath studio-style apartment is now available for sale for the first time, with ideal location between the Kingston Foreshore, Barton, and the beautiful Jerrabomberra Wetlands - this is one you won't want to miss out on. An exceptional investment, and ready-to-run as an Airbnb or any type of investment property or owner occupier sets it apart from any other option on the market and promotes the $150/night starting price you can expect with high occupancy, or $500/week returns this property has been, and can continue to deliver. Set in the Kingsborough Village, the property is tiled throughout all living areas, has an large built in robes for the bedroom and a large, functional living space with sheer and block-out-blinds. The vaulted concrete ceiling adds not only to the aesthetics, but also the 6 Star EER. A buzzing community shops with 2x cafes, bike repair, yoga studio and members gym, sauna and 25m heated lap pool await in the Village. The kitchen - with stone bench tops and SMEG appliances and clever storage, sits at the front of the property so not to impose on the living area, and is designed with practicality in mind as much as style.  The Living - Large and open with amazing natural light through the eastern facing windows towards the Jerrabomberra wetlands fits all the home comforts. Space for home entertainment system, loung, dining, and bathed in natural light.  The Bedroom - a cleverly designed sliding glass bi-fold door allows you to choose how you live between open and spacious, or closed and intimate. BIR, high quality wool blend carpets, and direct access to the bathroom. The Bathroom - very, very well sized, with floor-to-ceiling tiles, large shower and laundry including washer-dryer unit. The Styling - Perfectly suited to Airbnb, as well as first homes buyers, down-sizers, or for 'bolt-hold' owners wanting the best quality items ready for them!  The Kingsborough Village remains the newest built properties in Canberra's most desired suburb, the Kingston Foreshore, and at only 2years old, your tax deprecation schedule is still high, and ongoing costs for maintenance and upkeep for the property and community aspects are low all while having the best investment returns available.  Investment Features; As Airbnb, average $150/night at 80% occupancy over past 12months As rental, weekly retun of $480 - $520 highly likey Land Tax - $1,962/year Rates - $1,662/year Strata Rates - $2,961/year Water - $686/year Main Features; Double glazing Smeg Appliances Tiled flooring Underground, secure carpark Exposed concrete ceiling Split System air conditioning 6 Star EER    

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