OFF MARKET

405/17 The Causeway
Kingston ACT 2604

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 59m2
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Property Details for 405/17 The Causeway, Kingston

405/17 The Causeway, Kingston is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2019. The property has a floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
Unit
Year Built
2019
Floor Size
59m2
Local Government
Canberra Central
Lot/Plan
KINGSTON: Block 52, Section 60, Unit 78

Last Listing description (December 2022)

Located in the 'Powerhouse' Building at the 'Kingsborough' precinct sits one of Kingston's best value apartments. Overlooking the heart of the development is the Village Square which includes a variety of small shops and food outlets, as well as a children's play area, community garden and featuring a members only 25m indoor/outdoor lap pool and gym/sauna as part of Aequus Movement.

Attention live in owners want early access prior to settlement and a guaranteed move in date? Well good news, we can make that happen. Your next chapter is calling your name & having a home sweet home to call your own is ready for you now. This apartment makes living cool, calm & care-free and with vacant possession and early access on offer you could be unlocking your new front door sooner than you think.

Attention investors early access is also available to your property manager so tenants can view the unit and be pre signed prior to settlement. These units make a great Airbnb option too!

To get a copy of the digital brochure containing an explanation of our friendly sales campaign and the full contract, please send us an email and note your name and mobile number and it will be automatically sent to you.

Powerhouse Unit 405 Features:
-Top floor level 4
-High ceilings and skylight
-Great views towards of the hills and Manuka Oval
-End unit, with only one adjoining neighbour
-Set back from all roads, its surprisingly quiet and private
-Fully enclosed winter garden with sliding glass windows
-Stackable, bi fold double glazed doors to segregate winter garden
-Modern kitchen with stone bench tops, dishwasher, glass splashback, and range hood
-Reverse cycle air conditioning (cooling & heating)
-Energy Recovery Ventilation system (ERV). Ventilation technology which offers, reduction in air conditioning operating costs, supplies a constant flow of fresh air, assists with humidity Control, provides Eco-friendly Ventilation and the filtering of dust.
-Large bedroom that can easily fit a king size bed, with double mirrored robes and a bi fold glass door
-Two way ensuite style bathroom with under tile heating and full height tiling
-Laundry with washer/dryer combo and instantaneous electric hot water system
-Single basement car space & colourbond storage enclosure
-Intercom and lift access
-North/west outlook to living area
-Single level floorplan
-Vacant possession (no waiting for tenants or owners to move) so a quick occupation can be facilitated
-Flexible settlement options on offer if you have another property you want, or need, to sell

Kingsborough Development Features:
- A variety of boutique shops & food choices
- Low strata fees thanks to the low maintenance external finish as well as the communal solar panels
- Members only gym, sauna and 25m indoor lap pool https://aequusmovement.com.au/
- A children's play area & community garden.
- Tesla share car. https://kingsborough.com.au/tesla-share-car/
- 37 visitor car parks plus lots of on street parking
- 5 minute walk to the foreshore harbour with its array of cafes & restaurants
- NBN connected
- Parcel lockers
- Pet friendly (subject to notification)
- A beautifully landscaped thoroughfare running through the heart of the development from Dawes Street to Cunningham Street which is already becoming a lively & convenient village for the residents

The numbers:
- Living Size: 60m2
- Age: 2yrs (built 2020)
- Strata levies: $2,983 p.a.
- General rates: $1,779p.a.
- Water & sewerage rates: $670 p.a.
- Land tax (investors only): $2,136p.a
- Rental potential : $500p/w
- Total Admin and Sinking fund balance for complex: $202,767 as of 19/10/2022
- Builder/developer: Construction Control
- EER: 6.0 stars
- Strata manager: Vantage Strata Units Plan 4802. With 82 units.

Property History for 405/17 The Causeway, Kingston, ACT 2604

A timeline of how this property has performed in the market
Last Sold
$500,000
05 Dec 2022
Listed for Rent
$450/w
17 Sep 2020
  • 05 Dec 2022
    Sold for $500,000
  • 11 Nov 2022
    Listed for Sale $500,000
  • 03 Sep 2020
    Listed for Rent $450 / 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 5,067 properties. Over the last 5 years, Houses in Kingston have seen a -48.52% decrease in median value, while Units have seen a 30.04% increase. As at 31 August 2024:

  • The median value for Houses in Kingston is $850,121 while the median value for Units is $683,182.
  • Houses have a median rent of $628 while Units have a median rent of $620.
There are currently 31 properties listed for sale, and 26 properties listed for rent in Kingston on OnTheHouse. According to CoreLogic's data, 221 properties were sold in the past 12 months in Kingston.

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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.