76/11 Eastlake Parade, Kingston ACT 2604
76/11 Eastlake Parade, Kingston ACT 2604
Waterfront luxury | 3-bed, 3-bath flat | 2.09 acres | Priority school catchments
This property presents a rare configuration of a high-density apartment type on a substantial land parcel, a combination virtually unseen in the Canberra market. The three-bedroom, three-bathroom layout with multiple car spaces serves a premium owner-occupier or executive rental profile, further anchored by its priority enrolment in sought-after government schools. Its waterfront positioning in Kingston commands a permanent scarcity premium, insulating it from typical apartment oversupply risks.
The principal risk is the illiquidity inherent in a unique, high-value unit without clear comparable sales, making financing and resale contingent on finding a buyer with the same specific needs. The medium energy efficiency rating implies future capital expenditure. Acquire this for long-term holding as a primary residence to fully capitalise on its land value and locational advantages; it is not a speculative investment.
Independent, Unbiased Research Report for this property by PropCred Analyst team
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Market Insight:
Kingston is a well-connected inner-south suburb with access to quality schools and urban amenities. Demand is driven by young professionals and investors, particularly for its apartment market, which sees strong transaction activity. Recent price trends indicate a softening market with notable declines, presenting affordability challenges. Future growth is supported by steady population needs, though the market faces constraints from high entry prices and sensitivity to broader economic conditions.
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PropCred Estimated Value
Bedrooms
3
Bathroom
3
Parking
2
Land
2.09 acres
Assessments Delivered Today
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