8/39 Kennedy StreetKingston ACT 2604
Property Details for 8/39 Kennedy St, Kingston
Last Listing description (July 2026)
An exceptional opportunity to acquire a fully leased commercial investment with a view to occupy at a later date in one of Canberra's most tightly held business precincts.
Positioned within the established Kingston Court complex, Unit 8, 31-39 Kennedy Street, Kingston comprises a 140 sqm first-floor commercial unit* leased to Shu's Massage, providing immediate holding income with a lease in place until 30 September 2027.
Kingston is one of Canberra's most prestigious and tightly held inner-south suburbs, located just 4 kilometres from the Canberra CBD. Renowned for its vibrant mix of commercial, residential and lifestyle amenity, the precinct enjoys close proximity to Manuka Oval, Lake Burley Griffin, the Parliamentary Triangle, and an extensive selection of cafés, restaurants, hotels and boutique retail.
In recent years, Kingston has experienced significant investment and urban renewal, with landmark developments including the Green Square Medical Centre, Atria and the Abode Hotel further enhancing the suburb's appeal. The upcoming Kingston Arts Precinct is set to add another dimension to the area, reinforcing Kingston's reputation as one of Canberra's premier destinations for business, living and entertainment.
Combining exceptional accessibility, established amenity and ongoing development, Kingston continues to attract strong demand from businesses, investors and residents, cementing its position as one of the ACT's most desirable commercial and lifestyle precincts.
The tenancy is filled with natural light and offers a functional layout, making it an attractive workplace for the current tenant and future occupiers alike.
Highlights Include:
- Current rent $48,709.45
- Lease in place until September 2027
- Office Fitout included
- Total Area: 140 sqm
- Stamp Duty Exempt
For further details and an inspection please contact Raine & Horne Commercial Canberra
Property History for 8/39 Kennedy St, Kingston, ACT 2604
- 17 Jul 2026Listed for Sale $700,000 EX GST
- 08 Dec 2020Listed for Rent $45,000 / month
- 18 Dec 2017Sold for $520,000
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About Kingston 2604
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 5,024 properties. Over the last 5 years, Houses in Kingston have seen a -37.75% decrease in median value, while Units have seen a 19.30% increase. As at 30 June 2026:
- The median value for Houses in Kingston is $684,159 while the median value for Units is $708,626.
- Houses have a median rent of $725 while Units have a median rent of $625.
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