50/20 Eyre Street, Kingston ACT 2604

Top floor, east-facing, dual parking | 88sqm internal with 28sqm balcony | Mountain views, landscaped outlook | Priority school catchment, no overlays This property offers a strong buying case for owner-occupiers and investors seeking a top-floor position with genuine outdoor space in Kingston. The east-facing balcony and mountain views are rare in this price bracket, and the dual side-by-side car spaces with storage cage add practical value that most apartments in the area lack. The 88sqm internal footprint, combined with direct balcony access from both bedrooms, gives it a floorplan that competes with newer builds but avoids their smaller dimensions. It suits downsizers or professionals who prioritise light, quiet, and parking over proximity to Kingston’s main strip, which is a short walk away. The main risk is the body corporate cost-$1,820 quarterly is high for a 2011 build and will eat into gross rental yield if leased at the estimated $705 per week. The 6.0 energy rating is average, meaning heating and cooling costs are not a selling point. No heritage or flood overlays reduce surprises, but the medium-quality build and sinking fund contributions should be reviewed for upcoming capital works. For an investor, the yield is tight; for an owner-occupier, the configuration and parking make it a solid hold. If buying, negotiate hard on the body corporate history and consider a long-term hold to recoup entry costs.