38/39 Eastlake Parade KINGSTON

ACT 2604
Sold on 1st January 1970 Contact Agent
About this property

Irresistible investment in premier lifestyle precinct

Discover this rare opportunity to buy a unit with fantastic, water views in a thriving location along the edge of the Kingston foreshore. The apartment offers elevated & uninterrupted views, 92m2 of single level living space, stylish & modern interiors & a high standard of fixtures & fittings throughout. Being an end unit, it only has one neighbour & the end position in the development means more windows with outlooks into the Foreshores & lots of natural light.

Currently leased until Jan 2020, this property will suit an investor seeking strong rental returns & capital gain potential plus it will also suit a live-in owner wanting more time & flexibility to arrange for the sale of their current property without the strain & stress of a hurried campaign. The additional advantage of claiming back the stamp duty at your marginal rate in this current financial year because it is classed as an investment property is a clever way to save on your purchase costs.

As the Foreshore starts to come alive in summer, numerous bars, cafes & restaurants opening along the waters edge, set & forget this sleek apartment until this time next year when it could be you enjoying the splendour of the summer sun.

SMS " 38 Element" to 0403 215 246 to get a copy of the digital brochure containing the marketing contract & more info on this apartment.

Apartment Features:
The largest & highest single level floorplan in the building
End unit with extra side windows & only 1 adjoining neighbour
Sunny northerly outlook from level 3 (4 stories high)
Elevated & sweeping uninterrupted views of the harbour & Lake Burley Griffin
Fully enclosed 'Winter Garden' for extra living space with double glazed concertina doors
Eat-in kitchen features stone bench tops, black Miele cooktop & oven plus ducted range hood
Integrated fridge/freezer & dishwasher
Ducted reverse cycle air conditioning
Sliding door built in robes in both bedrooms
Fibre to the Premises (FttP) internet & Foxtel connectivity
Timber flooring in living areas, carpets in bedrooms
2.8m high ceilings in living area to give a greater feeling of space
Internal laundry with combined washer/dryer included
Two allocated basement car spaces with generous lockable storage enclosure
Pets welcome (subject to body corporate notification)
Currently tenanted on a 12 month lease at $670 per week until January 2020

'Element' development features:

Located directly on the Kingston foreshore promenade
Building designed by Cox Architecture
Double glazed windows throughout
Numberplate recognition & smart lighting to lead to your car space
Glass lifts with water views direct from basement & foyer to your level
Intercom entry to building & basement for guests
Numerous security cameras around building

Low body corporate fees & living costs thanks to the:

High level of technological integration
Solar panels & rainwater harvesting
Intelligent lighting systems & energy monitoring technology
Double glazed windows throughout
Strata levies are only $3,758/yr

Virtual building manager which allows residents to remotely book shared facilities such as the:

Rooftop garden & BBQ areas
8 person cinema
Parcel lockers so couriers can safely deposit packages, owners then receive an email notification.

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Mark Larmer
Mark Larmer
Principal, Licensed Agent & Auctioneer, Partner
0403 215 246