104/9 The Causeway Kingston

ACT 2604
Sold on 26th August 2021 Sold $520,000
Watch Video Brochure
About this property

Unique warehouse apartment

Buyers Price Guide: From $500,000

The first of its kind in Canberra, the 'Kingsborough' Warehouses have been extremely popular for those that want to create their own apartment & lifestyle.

The architectural form of The Warehouses is both an industrial & modern design featuring metal cladded walls, concrete ceilings, 3 metres high & a timber pressed concrete façade.

Given the internal walls are not load bearing buyers can change their design over time. This flexibility means there are literally 100's of designs someone could do. Typical unit buildings have set locations for draining & electrical points however The Warehouses services run under a timber sub floor making it very easy to modify & grow your apartment.

This unique Warehouse product gives buyers the ability to personalise their floor plan as well as add value to their investment. The space can comfortably be configured to fit 2 bedrooms, however the beauty of the design means you can use the space however you wish, whether that be 1, 2 or 3 bedrooms, a home office & so much more. The adaptable & versatile plan can also be passed on to your buyers in the future if you decide to sell so they too can create something to their needs. This flexibility is unheard of in apartment living & will help give longevity & growth to your asset.
SMS "Your name and 104" to 0431 228 046 to get a copy of the digital brochure containing the contract and explanation about our friendly auction system which buyers are really appreciating.

Warehouse 104 Features:
- Windows on 2 sides
- 3 metre high ceilings
- Modern kitchen with stone bench tops, dishwasher, and range hood
- Reverse cycle air conditioning (cooling & heating)
- Located on Level 1 facing the village
- Huge sliding double glazed windows allowing lots of light & fresh air in
- Mirrored built in robes to each bedroom
- Single basement car space & storage enclosure

Kingsborough Development Features:
- A variety of boutique shops & food choices including The Warehouse, Roast Tap Brew & Cafe, Kingston Yoga, Kingston Foreshore Cycles
- 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
- A children's play area & community garden
- 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: 75m2
- Age: 2yrs (built 2019)
- Strata levies: $2,821 p.a.
- General rates: $1,628p.a.
- Water & sewerage rates: $670 p.a.
- Land tax (investors only): $1,907p.a
- Rental potential : $620 p/w
- Admin fund for complex: $48,000
- Sinking fund for complex: $55,000
- Builder/developer: Construction Control
- EER: 6 stars
- Number of units in Warehouse building: 46
- Strata manager: Vantage Strata – Units Plan 4632

To help buyers, we offer the following as part of our Friendly Auction System:
- Written & verbal buyer price guides updated throughout the campaign.
- A digital brochure with everything you need to consider a purchase (just request it via SMS).
- We can refer a solicitor who can review the contract prior to auction, for FREE.
- The same solicitor can provide a free Section 17 if you wish to submit a pre-auction offer.
- Help negotiating amendments to the contract such as settlement dates or exchange deposits.
- Personalised bidding strategy meeting to help confirm your bidding tactics on the day.
- Free valuations to help you establish your current equity in any other properties you own.
- 5% exchange deposit pre-approved, via eft (no lining up for bank cheques before the auction).

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Want to find more properties like this?

Aaron Lewis
Aaron Lewis
Licensed Agent & Auctioneer, Partner
02 6209 1712
Mark Larmer
Mark Larmer
Principal, Licensed Agent & Auctioneer, Partner
0403 215 246