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  • 165/8 Jardine Street, KINGSTON, ACT 2604

165/8 Jardine Street, Kingston, ACT 2604

  • 1 Bed
  • 1 Bath
  • 1garages

Sold

Sold for $430,000 on 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.

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avatar Luke Scarlett
Luke Scarlett

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Property Info:
  • Property ID: L26165587
  • Property Type:Apartment
  • Building / Floor Area:58 sqm
  • Garages:1
  • Land Area:1449 sqm
We Know Your Area
R&H Suburb Profile: Kingston
R&H Suburb SummaryHouses
Number of sales21
Average Price$1,176,048
Median Price$947,500
Median Rental Price$615 p.w.
Change in Rental Rate (5yr)12 %
R&H Suburb SummaryUnits
Number of sales217
Average Price$830,225
Median Price$685,000
Median Rental Price$620 p.w.
Change in Rental Rate (5yr)18 %
Median Trend - $947,500
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