30/47 Kennedy Street, Kingston ACT 2604

North/east aspect with cross-ventilation | 32m² private balconies | prime Kingston walkability | middle-floor brick unit in 1994 complex. This unit presents a competitively strong proposition within the inner-south market due to its rare configuration of generous, sunlit internal spaces paired with expansive outdoor living areas, a combination uncommon in typical two-bedroom stock. The north/east orientation and through-floorplan design deliver superior natural light and airflow, elevating liveability above many comparable units. Its position in the established Cavill Terrace complex, a short walk to Kingston’s amenities and the lake, firmly places it as a low-maintenance lock-up-and-leave property best serving an owner-occupier seeking a vibrant lifestyle or a professional investor targeting the strong rental demand evidenced by its quick past lease. Proceed with the understanding that strata costs are material, with quarterly body corporate fees aligning with the well-maintained complex but forming a recurring claim on returns. The medium energy efficiency rating suggests potential future upgrade costs for comfort or compliance. The commercial logic lies in acquiring a well-proportioned unit in a premium, stable location where land scarcity underpins value; the substantial balconies effectively extend the living space, offering a tangible point of difference. Hold this property for long-term capital stability in a sought-after precinct, with the option to secure reliable rental income given the demonstrated tenant appeal. Recent comparable sales within the complex provide a direct value benchmark: – 26 Mar 2014: Sold for $395,000 – 19 Mar 2014: Sold for $293,000 (likely an earlier contract date) – 16 Sep 1994: Sold for $143,955 (original sale) This historical trajectory, culminating in the current offer range, demonstrates consistent long-term appreciation for well-located units in this complex, supporting the valuation thesis for the subject property.