3/31 Giles St, Kingston is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1996. The property has a land size of 1307m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Located in ‘The York’ which is a low-rise boutique building of only 16 units on one of the main Streets in Kingston, this excellent dual key investment opportunity is not to be overlooked. It’s right next door to the Kingston Shops and similarly accessible to local schools and transport routes. It is also a pleasant and easy stroll to the foreshore of Lake Burley Griffin where you can enjoy many different eateries. If you work in the Parliamentary Triangle then it’s a short walk or ride and you can leave your car at home.
The dual key apartment is situated on the ground floor and boasts lovely leafy views over the landscaped gardens that the ‘York’ has to offer. With large windows capturing lots of light whilst featuring beautiful plantation shutters. Enjoy reverse cycle air-conditioning to keep you comfortable all year round. The spacious one bedroom unit has been updated with modern kitchen appliances, a trendy, subway tile splashback in the kitchen as well as brand new flooring throughout.
The properties will appeal to an investor looking for ultimate returns. The apartments will suit a busy executive or couple wanting to be close to Canberra's best restaurants, bars & shops. Both properties are currently vacant so you could live in one apartment and rent the other to supplement your mortgage payments.
The one bedroom should rent for $450 per week and the studio for $400 per week bring a gross return of $850 per week across both properties.
Summary:
- Dual key investment opportunity
- Plantation shutters featured in the living and bedroom
- Upgraded kitchen appliances and splashback
- One bedroom apartment & studio apartment included on one title
- Conveniently situated just across from the Kingston Shops
- 106m2 of living space
Figure summary (all approx.):
- Body corporate: $1018p.q
- General rates: $717p.q
- Water & sewerage: $170p.q
- Land tax (if let): $931p.q
- Built in 1996
The size of Kingston is approximately 1.4 square kilometres. There are 8 parks, covering nearly 8.1% of the 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 5,110 properties. Over the last 5 years, Houses in Kingston have seen a -39.06% decrease in median value, while Units have seen a 19.35% increase. As at 31 May 2026:
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