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Sold on 30 Oct 2023 - Price Unavailable

118/50 Eastlake Parade
Kingston ACT 2604

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 118/50 Eastlake Pde, Kingston

118/50 Eastlake Pde, Kingston is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 1 bedroom Unit sold in Kingston in the last 12 months.

Building Type
Unit
Local Government
Canberra Central
Lot/Plan
KINGSTON: Block 7, Section 48, Unit 18

Last Listing description (October 2023)

Located in the heart of the highly desired Kingston Foreshore Precinct this stylish, well appointed, split level one-bedroom apartment offers a two minute walk to the foreshore promenade offering a walkable scenic lifestyle where you can enjoy a waterfront coffee, relaxing lunch or breezy dining by the sparkling water of the foreshore.

This super spacious and modern one-bedroom loft apartment features a contemporary kitchen that flows through to a relaxed lounge & dining area dining offering easy entertaining and relaxed living with soft light streaming through big beautiful opening windows.

Upstairs unwind in your elevated breezy bedroom and enjoy a good book and a glass of wine on the airy balcony taking in a beautifully framed piece of the calming waters of the foreshore.

Cruise the lake on a go-boat enjoying the beauty of Canberra from the water or bike, walk or scooter around the lake enjoying some of Canberra's most iconic buildings including The National Gallery, Library, High Court, Carillon and Questcon.

Whether you are looking to live in a conveniently located spacious one-bedroom apartment offering lifestyle, location and liveability or a high yield investment this apartment offers the flexibility for both.

Price to sell this property will not be on the market for long.

Contemporary kitchen
Dishwasher
Ample cupboard space
Washer/dryer concealed in space saving laundry cupboard
Well-proportioned bathroom
Open airy bedroom
Secure underground car space
Loft style apartment
Fully equipped Airbnb with an average STR of $2,500 - $3,000 a month
Consistently rented to members of parliament at 2k per month when parliament is sitting
Great investment or entry level apartment in the heart of Kingston Foreshore

- Rates is $458.00
- Land tax $585.00
- Strata $1141.00

DISCLAIMER
We have obtained all information provided here from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations and satisfy themselves of all aspects of such information including without limitation, any income, rentals, dimensions, areas, zoning and permits. Any figures and information contained in this advertisement are approximate and a guide only and should not be relied upon for financial purposes or taken as advice of any nature. Individuals, Self-Managed Super Funds, companies, anyone or entity, should make their own inquires and seek their own advice and rely only upon those inquiries and advice.

Archer does not guarantee the accuracy of the information above and are not financial advisers or accountants and do not provide any of the above information as advice of any nature

Property History for 118/50 Eastlake Pde, Kingston, ACT 2604

A timeline of how this property has performed in the market
Last Sold
30 Oct 2023
Listed for Rent
$435/w
09 Sep 2018
  • 30 Oct 2023
    Sold for $515,000
  • 06 Oct 2023
    Listed for Sale 499,000+
  • 22 Aug 2018
    Listed for Rent $435 / week
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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 5,012 properties. Over the last 5 years, Houses in Kingston have seen a -47.44% decrease in median value, while Units have seen a 29.42% increase. As at 30 September 2024:

  • The median value for Houses in Kingston is $853,018 while the median value for Units is $691,397.
  • Houses have a median rent of $615 while Units have a median rent of $620.
There are currently 37 properties listed for sale, and 23 properties listed for rent in Kingston on OnTheHouse. According to CoreLogic's data, 223 properties were sold in the past 12 months in Kingston.

Suburb Insights for Kingston 2604

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Cinti Kyam
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Andrew Early
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Archer Canberra
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.