1/10 Parbery StreetKingston ACT 2604
Property Details for 1/10 Parbery St, Kingston
1/10 Parbery St, Kingston is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2019. The property has a land size of 103m2 and floor size of 76m2.
Last Listing description (April 2019)
Any knowledgeable entrepreneur worth their salt knows the benefit of investing in a dual-purpose property, & this dual-purpose apartment with a potential rental return of $900 p.w is an absolute beauty.
Offering an opportunity to invest in both the residential rental market (which is going from strength-to-strength) & the commercial rental market within one property.
This unique design provides the following benefits:
The flexibility to rent both the apartment & the shop separately, receiving 2 separate streams of revenue as a result.
The option to live in the 2 bedroom apartment & rent out the shop
The option to run a business in the shop & rent out the 2 bedroom apartment
Corner apartment/shop fronting directly onto a pedestrian friendly piazza with various other tenancies.
A single car park is provided well as over 40 visitor parks within the precinct.
The Shophouse Apartments' are situated within the new & exciting Kingsborough Village'. Home to over 250 dwellings & set to become a small community of around 500 residents, Kingsborough' is the first precinct to come to the Kingston Foreshore.
With completion due early 2019, now is the time to invest in a unique offering with a seriously good rental return. Outgoings are available upon request.
Features:
Dual income/purpose apartment providing flexibility & a sensational rental return
79m2 2-bedroom ensuite apartment
69m2 shopfront with wraparound glass powder room included
1 allocated car park
Potential rental return of $900 p.w
Built by the renowned Construction Control
Due for completion early 2019
Direct frontage onto the Kingsborough' piazza
Positioned within the Kingsborough' precinct
5-minute walk to the Kingston Foreshore
Property History for 1/10 Parbery St, Kingston, ACT 2604
- 12 Apr 2018Listed for Sale $869,900
Recent sales nearby
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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 2016 was 4424 people. By 2021 the population was 6579 showing a population growth of 48.7% in the area during that time. The predominant age group in Kingston is 30-39 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 2021, 48.10% of the homes in Kingston were owner-occupied compared with 40.20% in 2016.
Kingston has 5,094 properties. Over the last 5 years, Houses in Kingston have seen a -19.54% decrease in median value, while Units have seen a 20.91% increase. As at 30 November 2025:
- The median value for Houses in Kingston is $908,449 while the median value for Units is $712,866.
- Houses have a median rent of $620 while Units have a median rent of $610.
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