101/55 The Causeway Kingston ACT 2604
Property Details for 101/55 The Causeway, Kingston
101/55 The Causeway, Kingston is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2017. The property has a floor size of 127m2. While the property is not currently for sale or for rent, it was last sold in August 2022.
Last Listing description (August 2022)
Living at apartment 101 in Kingston's Peninsula apartments is the definition of living 'the good life.' If you were to list all the things you could hope for in an apartment, particularly if you're looking to downsize, you could tick them off one by one while making your way through this desirable home.
Situated right on Kingston's Foreshore, waterfront living can be your new lifestyle. The home boasts uninterrupted northerly views of the water a rarity in Canberra's not-so-coastal locale. Two of the three bedrooms face in this direction and have direct access onto the generously sized, fully covered terrace. Cheese and wine platters are best enjoyed here in good company while the sun sets over the Lake and adjacent Wetlands.
Inside is equally as inviting. There is plenty of room for work and play with a generous open plan living and dining area that also includes a study nook to set up camp on those work from home days. Work calls, however, may be made from across the road while sitting overlooking the water for the ultimate inspiration. The kitchen stands ready to host sumptuous dinner parties with quality appliances like a 4-burner, induction cooktop, AEG pyrolytic stainless steel convection oven, SMEG convection microwave oven, and built-in dishwasher. There are also two LG fridges included in the sale of the home, as well as the washing machine and dryer.
The bedrooms are destinations for relaxation, being large enough to house a king-sized bed (and then some) that you can sink into anytime of the day or night. Waking up to the sun beams dancing across the lake is the mere icing on this cake.
The 'Peninsula' development offers 2 communal areas with BBQ facilities. The most impressive is on the rooftop where you can enjoy stunning elevated views over the Lake and Wetlands. .
The allure of the surrounding lifestyle will entice you outside regularly. Kingston's best cafs and restaurants are just a hundred metres away and make for great weekend respites, and a daily lake or Wetland walk is always awaiting you. Your dog will love you! Just be warned, these healthy outings could be regularly interrupted by the appeal of a drink and a bite to eat at one of many bars, cafes or restaurants or even the odd pop-up bar that surround the shores of the lake at the most appropriate of times.
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Features Overview
-The 'Peninsula' was awarded the Master Builder's award in 2017 in the category of 'Apartments & Units 4 storeys and above', and the HIA award in 2017
-Northerly aspect ground floor apartment in the highly sought-after Kingston Foreshore 'Peninsula' apartments
-Sweeping, uninterrupted views across to Lake Burley Griffin, Jerrabomberra Creek and into Wetlands
-Views enjoyed from living area and two of the three bedrooms, each with direct access to outdoor terrace
-Second largest unit in the 61-unit complex, which is majority owner-occupied
-Ducted reverse-cycle air conditioning with dual control units at different points in home
-Double glazed windows and doors throughout
-Two video intercom units for guest access at 'Peninsula' entrance and secure gate to terrace
-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 ground-level easy-access allocated car spaces in restricted entry garage with 2 lockable storage enclosures
-CCTV cameras are located throughout the development for increased security
-Pet friendly (subject to strata notification)
-NBN connected FTTP and wired for Foxtel
-Easy walking distance to Kingston foreshore eateries, bars, and boutique retailers
-We refer a solicitor who can review the contract for FREE
-Same solicitor can provide a FREE Section 17 Certificate if you want to submit an unconditional offer
-Flexible settlement options to allow time to sell another property(s)
The numbers:
Size of living: 153 m2
Size of terrace: 36 m2
Age: 5 yrs (built April 2017)
General rates: $2,672
Water & sewerage rates: $ 672 p.a.
Strata levies: $8,648 p.a.
Land tax (investors only): $3,225
Conservative potential rental return (unfurnished): $950/wk
EER: 6 stars
Name of development: Peninsula
Level in building: 1 of 6
Number of units in development: 61
Developer/builder: Maddison Constructions & Creative Building Services
Strata manager and contact number: Independent Strata - 62091515
Units plan number: 4294
Admin fund balance for development as of 12/05/22: $52,090
Sinking fund balance for development as of 12/05/22: $119,211
Motorised curtains installed in Lounge and MBR with separate remote controls for "Blackout Curtains" and "Sheer Curtains"
New high-gauge, stain-resistant carpeting installed in all bedrooms
Five (5) sets of gallery-grade track lighting professionally installed with low voltage LED lamps. Each track lighting set has its own solid-state dimmer
LED-dimmable lighting added under kitchen cabinets to illuminate the kitchen work surfaces
LG high-capacity Washer (with Steam)
"InSinkerator" professionally installed waste disposal in kitchen sink with countertop control
Custom joinery to add office-style file cabinets for two built-in desk units
Custom hanging rails and additional drawers added to all walk-in robe areas
New LG ("10-Year Linear") refrigerator/freezer "French Door" style unit with custom in-door features, e.g., water filtration monitor, ice maker with cubed and crushed ice, chilled water dispenser
Second LG ("10-year Linear") refrigerator/freezer added to kitchen as part of new built-in custom cabinetry
Custom shelving added in many closets and in-unit storage cabinets
USB-equipped power connections installed in select location
Property History for 101/55 The Causeway, Kingston, ACT 2604
- 15 Aug 2022Sold for $1,751,000
- 30 Jun 2022Listed for Sale Offers Over - $1,750,000
- 09 Oct 2018Transferred
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About Kingston 2604
The size of Kingston is approximately 1.4 square kilometres. It has 8 parks covering nearly 8.1% of total area. The population of Kingston in 2011 was 2,978 people. By 2016 the population was 4,417 showing a population growth of 48.3% in the area during that time. The predominant age group in Kingston is 20-29 years. Households in Kingston are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kingston work in a professional occupation. In 2011, 35.3% of the homes in Kingston were owner-occupied compared with 40.2% in 2016.
Kingston has 5,003 properties. Over the last 5 years, Houses in Kingston have seen a -21.38% decrease in median value, while Units have seen a 24.54% increase. As at 31 October 2024:
- The median value for Houses in Kingston is $1,322,501 while the median value for Units is $688,314.
- Houses have a median rent of $625 while Units have a median rent of $620.
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