For Sale

Kerridge Street Kingston ACT 2604

$570,000+

1
1

Apartment

6 days on the market

Secure DHA investment opportunity: stylish ground floor apartment with private access in prime Kingston Foreshore location

* Inspections available by appointment only *

Positioned within one of the Foreshore's quieter precincts, this stylish ground floor apartment delivers contemporary comfort, intelligent design and effortless lifestyle appeal just moments from vibrant cafés, restaurants and everyday amenities.

Showcasing an industrial-inspired aesthetic with modern finishes throughout, the apartment features exposed concrete ceilings, ceiling-mounted spotlights to every room and a sophisticated mix of tiled and carpeted living spaces that create warmth while maintaining a sleek urban feel.

The thoughtfully designed floorplan includes a spacious bedroom plus a generous study complete with built-in desk and shelving, offering flexibility for working from home, guest accommodation or use as a second bedroom. The centrally positioned bathroom conveniently services both rooms.

The open plan kitchen, dining and living area flows seamlessly to a covered north-west facing patio overlooking the complex's peaceful leafy internal courtyard. Both the living area and bedroom enjoy direct access to the outdoor space, while the patio gate provides convenient access to the internal courtyard and nearby covered car space, offering an easy alternative to using the main building entry and front door.

The contemporary kitchen combines style and functionality, featuring premium Miele appliances, an integrated fridge/freezer concealed within custom cabinetry and a cleverly integrated European-style laundry with Bosch washer/dryer positioned discreetly beside the fridge space for a streamlined finish. The kitchen and dining area are tiled for practicality, while the living area, bedroom and study are comfortably carpeted.

Peacefully positioned away from the bustle while remaining just a short stroll from the Foreshore's popular dining and lifestyle attractions, this is an outstanding investment opportunity.

Features:

- Ground floor position with direct courtyard access
- Spacious bedroom plus versatile study with built-in desk and shelving
- Covered north-west facing patio overlooking quiet internal gardens
- Exposed concrete ceilings with industrial-modern styling
- Ceiling-mounted spotlights throughout
- Miele kitchen appliances
- Integrated fridge/freezer
- Concealed European laundry with Bosch washer/dryer
- Split system heating and cooling to living area
- Block-out vertical blinds to living area and bedroom
- Covered ground floor car space
- Basement storage cage
- Residents' rooftop entertaining area

This property is for sale on behalf of a Defence Housing Australia lessor and has a Defence Housing Australia lease in place. Visit dha.gov.au http://dha.gov.au to learn the benefits of investing in Defence Housing Australia property.

When the lease has expired the DHA contract specifies that the property will be painted internally and new carpets will be laid.

DHA lease: expires 18/05/2029
Current rent: $540 per week
Gross Yield: 4.9% (assumes $570,000 purchase)
DHA Property Care Fee: 13% (includes rent guarantee, management & maintenance)

Internal: 58.4m2 (approx)
Patio: 15.6m2 (approx)
Total: 74m2 (approx)

Strata: $972.74 per quarter (approx)
Rates: $524 per quarter (approx)
Land tax: $632.98 per quarter (approx)

EER: 6.0

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