46 Ariel Ave, Kingston is a 5 bedroom, 2 bathroom House with 4 parking spaces and was built in 1975. The property has a land size of 1185m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in November 2023.
Are you on the hunt for a property that not only provides comfortable living but also guarantees two separate income streams? Look no further! Presenting 46 & 46-2 Ariel Ave, Kingston - the perfect investment opportunity you've been waiting for! Located on a battleaxe block which is perfect for the security conscious.
- 46 Ariel Ave - Your family home or potential dual living option
- Built in 1975, this highset home boasts a classic charm
- 46-2 Ariel Ave - Modern granny flat with privacy
- Built in 2020, this granny flat offers contemporary living
- It features 2 bedrooms, an open and spacious lounge, dining, and kitchen area
- The combined laundry and bathroom are designed for convenience
- Bright and airy, this dwelling exudes comfort and style
- Enjoy the convenience of a single carport
- Separate electricity and water metres
- Currently leased until 29/08/2024, yielding $320 per week
Invest in your future with this unique opportunity! Whether you're looking to house two families separately or capitalize on multiple income streams, 46 & 46-2 Ariel Ave has you covered.
Key Highlights:
- Dual income potential
- Long-term tenants in place, eager to stay
- 1185sqm battleaxe block for added privacy
- Prime location in Kingston
- Solid rental income
- Investment in both the past (1975) and the future (2020)
If you were going to try and rebuild this opportunity in todays market:
Rebuild highset home - minimum $280,000
Granny flat - minimum $180,000
Block - $450,000
That is a total cost of $910,000
These properties are in a fantastic location for school age children with public and private schools being in walking distance. Only 1.5km to Kingston train station and multiple bus stops in a short proximity. Kingston is a hot spot amongst investors and home owners alike, make sure you jump on this opportunity and attend the open home on 07/10/2023 at 11:00am - 11:30am.
The size of Kingston is approximately 6.7 square kilometres. It has 30 parks covering nearly 17.2% of total area. The population of Kingston in 2016 was 10539 people. By 2021 the population was 10506 showing a population decline of 0.3% in the area during that time. The predominant age group in Kingston is 20-29 years. Households in Kingston are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kingston work in a labourer occupation.In 2021, 45.50% of the homes in Kingston were owner-occupied compared with 47.50% in 2016.
Kingston has 4,054 properties. Over the last 5 years, Houses in Kingston have seen a 169.63% increase in median value, while Units have seen a 143.73% increase. As at 31 December 2025:
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