145/15 Tench Street, Kingston, ACT 2604 | Property Value & History | OnTheHouse
OFF MARKET

145/15 Tench Street
Kingston ACT 2604

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 48m2
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Property Details for 145/15 Tench St, Kingston

145/15 Tench St, Kingston is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2012. The property has a floor size of 48m2.

Building Type
Unit
Year Built
2012
Floor Size
48m2
Local Government
Canberra Central

Last Listing description (November 2023)

Located directly opposite the Kingston shops, and with the Parliamentary triangle and City Centre only a short drive away, this attractive, fully single level, one-bedroom apartment leaves you spoiled for choice when it comes to cafes, restaurants, boutique stores, markets, and galleries. Plus, for those who enjoy the outdoors, Lake Burley Griffin and Telopea Park are just a short walk away.
Positioned within 'The Griffin' complex with its lush, manicured gardens, on-site gym and restricted entry underground carpark, this apartment is ideal for either the live-in-owner or astute investor. Featuring a light and airy open plan living area, balcony, kitchen with stainless steel appliances and stone bench tops, and a floor-to-ceiling double mirrored wardrobe, this abode is both stylish and functional and offers care-free living at it best.
Investors can take advantage of low vacancy rates with an expected rental return of around $550 per week fully furnished. This apartment is perfect for either a long-term tenant or as an Airbnb/short term letting for potentially even better weekly returns. Live in owners wanting an affordable entry into the Inner South can also be calling this home sooner than they think as early access may be facilitated for those needing to move in quickly.

Make sure to watch our detailed, walk-through video prior to your inspection (and after), it's our 24/7 salesperson for you to get an excellent feel for the features and benefits of this unit inside and out including a tour of the carpark, gym and podium. It's the most informative property video you will watch during your search, but don't just take our word for it

To get a copy of the digital brochure containing an explanation of our friendly sales campaign and the full contract, please send us an email from any of the web portals and note your full name and mobile number and it will be automatically sent to you.

Features overview:
Located on level 1
Open plan living area
Modern kitchen with stone bench tops, dishwasher, and range hood
Balcony looks over the internal podium of the complex (no road noise)
Wall mounted air conditioning (cooling only)
In-ceiling radiant heating throughout (2 separate zones)
Separate bedroom has a double mirrored robe and views over the podium
Bathroom with laundry which includes the dryer
Single car space in restricted entry basement
Intercom access for guests
Lift access from the basement and ground floors (no stairs to navigate)
Vacant possession available
Flexible settlement options on offer if you have another property you want, or need, to sell

The numbers (approx.):
Living Size: 50m2
Balcony: 6m2
Level in development: 1 of 3
Strata levies: $5,175 p.a.
General rates: $2,212 p.a.
Water & sewerage rates: $670 p.a.
Land tax (investors only): $2,197 p.a
Rental potential (unfurnished): $530 p/w
Total admin fund balance for complex as of 17/11/2023 - $78,300
Total sinking fund balance for complex as of 17/11/2023 - $353,175
EER: 6 stars (out of 6 stars)
Strata manager: Bridge Strata - phone 61097700
Units Plan: 3845
Number of units in development: 95 units.
Units plan registered in 2012, land lease ends the year 2111

'The Griffin' development features:
Situated directly opposite 'Old Kingston' shops - cafes, restaurants, boutiques & galleries,
On site gym
Allocated parking for push bikes
Lift access direct from basement and ground to level 1 (no stairs to navigate)
NBN connected (FTTB)
Pet friendly (subject to strata notification)
Beautifully landscaped central gardens/podium area
Building originally designed & subsequently refurbished by Willemsen

To help buyers:
Published guide price that your offer must exceed
All offers are confidential and not disclosed to other buyers
No time limit on offers being presented to the owners so a quick offer and acceptance can be facilitated
We can refer a solicitor who can review the contract for FREE
The same solicitor can provide a free Section 17 if you wish to submit an unconditional offer
Help negotiating amendments to the contract such as settlement dates or exchange deposits
Free valuations on other properties you may have to help you establish your current equity or to help secure your finances

Property History for 145/15 Tench St, Kingston, ACT 2604

A timeline of how this property has performed in the market
  • 24 Nov 2023
    Listed for Sale Offers over $440,000
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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 5,104 properties. Over the last 5 years, Houses in Kingston have seen a -25.11% decrease in median value, while Units have seen a 19.90% increase. As at 31 March 2026:

  • The median value for Houses in Kingston is $1,010,626 while the median value for Units is $703,610.
  • Houses have a median rent of $710 while Units have a median rent of $630.
There are currently 37 properties listed for sale, and 27 properties listed for rent in Kingston on OnTheHouse. According to Cotality's data, 281 properties were sold in the past 12 months in Kingston.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.