Located on the top floor of the 'Gateway' development on the Kingston Foreshore, this well-appointed one-bedroom apartment is presented beautifully. Gateway is positioned perfectly as its halfway between the amenities of the Kingston Foreshore and the Old Kingston Shops. This means that you are walking distance to some of Canberra's best bars and eateries, the Supabarn supermarket, Parliament House, Russell Offices and Lake Burley Griffin.
From the moment you step inside you will be impressed with the functional layout and the pristine condition that the property is presented in. The property is flooded with both morning and afternoon sun due to the fact that it has windows on two sides and this also allows for cross-ventilation in the summer months.
Number 138 would be ideal for an owner occupier looking to secure a home in a fantastic location so that they can enjoy the local lifestyle or an investor looking to capitalise on a very high rate of return. The property is currently rented as a fully-furnished rental for $560 per week which depending on your borrowing situation means it has the ability to be positively geared.
A host of updates including LED downlights throughout, stainless steel dishwasher, updated dryer refreshed paint and carpet, all leaving the investor or owner occupier with nothing to spend.
In summary:
- North-east aspect to the balcony
- Great Foreshore location half way between the lake and the old Kingston Shops
- High rate of return - rented at $560 per week
- Fantastic condition
- LED lights, dishwasher, dryer, refreshed interiors
- Spacious layout
- Neighbour only on one side
Figure Summary (all approx.):
- 57m2 internally + 9m2 externally
- Body corporate: $1306 p.q.
- General rates: $653 p.q.
- Land tax (if let): $720 p.q.
- EER: 6
