416/15 Kerridge Street, Kingston ACT 2604

Spacious 2-bed configuration | quiet courtyard position | rooftop lake outlook | premium above median price point The buying case for this apartment rests on its uncommon floor area and building amenities. At roughly 100 square metres internally, the unit offers a footprint rarely found in two-bedroom apartments, which typically trade on compactness. The rooftop garden with uninterrupted lake views and the private courtyard with BBQ facilities add a layer of exclusivity that standard Kingston stock lacks. For a buyer seeking a larger apartment in a well-regarded complex away from the foreshore bustle, this property holds positional scarcity. It suits downsizers or professionals who value space and amenity over absolute proximity to waterfront dining. The primary risk is the price premium relative to the local median. At more than $1,050,000, the property sits well above the $677,000 median for two-bedroom units in Kingston, and the 47% clearance rate suggests a market that does not automatically absorb high-priced stock. The 2021 purchase date and listing in May 2026 indicate a vendor testing a strong price point. The opportunity lies in negotiating from a position of low competition-buyers who recognise the configuration edge and rooftop amenity have a rare chance to secure a larger unit in a quiet complex. Hold this property for owner-occupation or as a long-term hold where size and building quality will retain demand better than compact units in the same precinct.