87/43 Eastlake Parade, Kingston ACT 2604

On-market risk | Block land tax exposure | Body corporate scrutiny needed | Premium position but non-essential complex The unimproved value of $24.6 million for the entire block introduces material land tax risk per unit that should be verified via your conveyancer, as this cost can shift annual holding expenses unpredictably. The low strata levies reported may reflect a new building cycle or an upcoming special levy for common area maintenance, which purchasers must budget for. Waterfront location and high-spec finishes offer strong rental demand and capital stability for an owner-occupier or investor targeting low vacancy corridors. The apartments competitive strength is its direct waterfront orientation with unimpeded sunset views, a rarity in newer complexes along the foreshore. The 6.0 EER and double-glazed windows reduce ongoing energy costs, while the integrated security and parking access appeal to professional couples or downsizers who prioritise convenience and low maintenance. This unit suits a buyer seeking a turnkey residence in a liquid precinct rather than land value appreciation. The sales history shows consistent growth from $670,000 in 2021 to $695,000 in 2022, indicating steady demand that supports a cautious bid near current market estimates. Review the body corporate records for any pending capital works plans before proceeding further.