Map165/8 Jardine Street, Kingston, ACT 2604
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Sold
Sold for $430,000 (May 08, 2024)
Autonomous Investment Opportunity in Kingston!
Welcome to 165/8 Jardine Street, Kingston, a remarkable 1-bedroom, 1-bathroom serviced apartment with a dedicated car park. Located in the heart of Kingston, this property offers both convenience and investment potential.
Key Features:
• Bedrooms: 1
• Bathrooms: 1
• Parking: 1 car park
• Managed by: Astra Apartments
• Strata Fees: $1,341.62 quarterly
• Rates: $1,812.08 per annum
• Current Income: $1,924.13 per month after fees
• Lease Agreement: In place until 24/10/2024
Investment Highlights:
Self-Sustaining Investment: With Astra Apartments managing the property, this investment practically runs itself, offering you peace of mind.
Prime Location: Situated near the bustling Kingston shops, this property enjoys an incredible location, ensuring high tenant demand and potential for capital appreciation.
Stable Income: Generate a steady income of $1,924.13 per month after accounting for fees, providing a reliable source of passive income.
Don't miss out on this fantastic investment opportunity in Kingston. Whether you're looking to expand your investment portfolio or secure a hassle-free rental property, 165/8 Jardine Street offers a promising option. Contact us today to arrange a viewing or for more information.
Got a property to sell? Contact us for a free Request Appraisal
- Property ID: L26165587
- Property Type:Apartment
- Building / Floor Area:58 sqm
- Garages:1
- Land Area:1449 sqm
R&H Suburb Profile: Kingston| R&H Suburb Summary | Houses |
|---|---|
| Number of sales | 20 |
| Average Price | $1,281,100 |
| Median Price | $890,000 |
| Median Rental Price | $600 p.w. |
| Change in Rental Rate (5yr) | 11 % |
| R&H Suburb Summary | Units |
|---|---|
| Number of sales | 233 |
| Average Price | $851,103 |
| Median Price | $676,500 |
| Median Rental Price | $610 p.w. |
| Change in Rental Rate (5yr) | 15 % |