Kingston Warehouse
The property is well located in Kingston, approximately 10 minutes south east of the CBD. The property forms part of a strata titled office and showroom development that was previously used as BBC Hardware Store. The redevelopment and refurbishment was completed in 2005 and comprises of 16 strata titled units of various sizes. The building has ground and first floor access via lift and stairs from the southern eastern side and has a on site parking. Each ground unit has its own toilet facilities and kitchens with the first floor sharing common toilet and shower facilities.
Unit 16 has been occupied by the Commonwealth Government from Mach 2005 until 25 February 2010 and comprises of 639 square metres (424sqm is vacant possession) of high quality office accommodation fully fitted out with offices and workstations to a high standard. The premises is individually air-conditioned, fully networked with cat-5 cabling back to a central computer room that is separately air conditioned from the main system, has kitchen facilities, meeting rooms and offices throughout. The refurbishment is only 5 years old and the premise is unique and modern in appearance and amenity. The unit has 4 onsite car parks allocated as unit subsidiaries and included with the sale of the unit.
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 2011 was 2,978 people. By 2016 the population was 4,417 showing a population growth of 48.3% in the area during that time. The predominant age group in Kingston is 20-29 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 2011, 35.3% of the homes in Kingston were owner-occupied compared with 40.2% in 2016.
Kingston has 5,068 properties.
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