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201/55 The Causeway, Kingston ACT 2604

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$1,200,000+
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Description

Privacy, practicality and strong rental appeal in a tightly held location.

Apartment - Kingston ACT

Located within the tightly held Peninsula development, apartment 201 presents a well-resolved three-bedroom investment with strong fundamentals: generous proportions, a practical layout and a consistently sought-after Kingston address.

The apartment is currently tenanted, with a fixed-term lease in place until 14 February 2026, returning $4,127.98 per month and supported by a design and finish that continue to appeal to tenants.

The open living and dining area is generous without feeling exposed, extending to a private courtyard that opens through a secure gate onto the communal landscaped courtyard and BBQ area. This setup offers the best of both worlds; a private outdoor space for everyday use, with easy access to shared facilities that enhance the apartment’s appeal and tenant retention.

The kitchen is designed for everyday use rather than visual impact alone. Premium inclusions such as an induction cooktop, pyrolytic oven and integrated dishwasher are complemented by a walk-in pantry that delivers genuine storage, functionality and a feature that translates well in a rental context.

The main bedroom is thoughtfully separated from the remaining accommodation, creating a private retreat with walk-through robes and an ensuite finished with floor-to-ceiling tiling, freestanding bath, modern shower and floating vanity. Half-height mirrored walls enhance light and perceived space without compromising practicality.

Bedrooms two and three are full-sized rooms, each with built-in storage, avoiding the undersized secondary bedrooms common in many apartment offerings and broadening the tenant demographic.

The main bathroom is functional and well finished, with a separate shower, vanity and concealed toilet.A full-size internal laundry and abundant storage throughout further support comfortable apartment living.

Comfort has been carefully considered with ducted reverse-cycle heating and cooling, timber flooring through living areas, carpeted bedrooms and integrated LED lighting. Security is comprehensive with facial recognition building access, two-way intercom, secure basement parking for two vehicles and two lock-up storage cages.

Residents also enjoy access to a Level 5 rooftop terrace with BBQ facilities, heating and views across Lake Burley Griffin and the wetlands.

This apartment is a well-designed, income-producing property that combines proportion, functionality and long-term rental appeal in a tightly held development.

EER 6.0
Unit Plan: 4294
Body Corporate Manager: Civium
Body Corporate Levies (includes Admin Fund, Sinking Fund & Membrane Schedule): $3,435.96p/q (approx.)
AUV 2025-2026: $7,600,000 (Unit entitlement: 1.64%)
Land Rates: $2,543.12p/a (approx.)
Land Tax: $3,229.02p/a (if rented) (approx.)
Townhouse size (approximately) – Living: 123m2; Balcony: 39m2

What makes this apartment solely the right fit for you:

* Sophisticated apartment nestled in the acclaimed Peninsula development, offering a prestigious address and a premium lifestyle

* Open-plan living and dining area extends to a private balcony with direct access to the communal BBQ and courtyard, offering a relaxed setting for entertaining, socialising, or simply enjoying the connectedness of home and community

* The apartments kitchen is a modern hub, fitted with premium appliances including a stylish induction cooktop, pyrolytic oven, integrated dishwasher, and a generous walk-in pantry, providing a practical, organised, and stylish space for everything from weekday meals to weekend entertaining

* The master bedroom serves as a private haven, complete with walk-through robes and a hotel-inspired ensuite showcasing two-tone floor-to-ceiling tiles, a freestanding bath, a modern shower, a floating vanity, and a wall of half-height mirrors that amplify the sense of luxury and space

* Designed with proportion in mind, the second and third bedrooms feature full-sized layouts and built-in storage

* The main bathroom is complete with a modern single vanity, a refreshing shower, and a discreet toilet

* This residence exceeds expectations with a thoughtfully positioned full-size laundry adjacent to the main bathroom, abundant storage throughout, and comfort-focused finishes including ducted reverse-cycle heating and cooling, plush bedroom carpets, elegant timber floors in living areas, and efficient LED lighting

* Premium security is seamlessly integrated throughout the residence, with facial recognition building access, a two-way intercom system, and secure basement parking for two vehicles, accompanied by two lock-up storage cages for ultimate convenience and peace of mind

* Residents can take advantage of exceptional communal amenities including the 380m2 rooftop terrace on Level 5, featuring BBQs, heaters, and sweeping views of Lake Burley Griffin and the wetlands and just steps from your balcony, a shaded courtyard invites year-round entertaining in a tranquil and secluded setting

Property Features
  • Apartment
  • 3 bed
  • 2 bath
  • 2 Parking Spaces
  • Energy Rating 6
  • 2 Garage
  • Apartment House Category
  • Dishwasher
  • Built In Robes
  • Ducted Heating
  • Ducted Cooling

$1,200,000+