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87/43 Eastlake Parade
Sold: $670,000

Hello Kingston Foreshore! Vacant & ready for you now


We are working with the current ACT government directive to protect your health and that of our community.

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The apartment offers stylish & modern interiors & a high standard of fixtures & fittings throughout. In addition, the Element building has many technical efficiencies which improve your lifestyle while keeping strata levies low. Being an end unit, it only shares 1 wall with next door (no bedroom walls) & offers 3 extra windows for added light.

Be attracted to the numerous bars, cafes & restaurants operating along the waters edge, enjoy the perfect waterfront lifestyle as you chose from a walk, run or bike ride around the lake, hit one of the nearby gyms, take a kayak out for a paddle & then take your friends out on a GoBoat for a picnic & a little fun. If you want a little less activity, just open a bottle of wine, kick back & watch the sun go down & the boats come in to dock from the roof top terrace.

Apartment Features:
-Vacant & ready now, early access available
-End unit with 3 extra side windows & only 1 adjoining neighbour
-Eat-in kitchen design featuring stone bench tops, black Miele cooktop & oven plus ducted range hood, Integrated fridge/freezer & dishwasher, extra overhead cupboards
-Large bi fold doors opening onto the balcony
-Ducted reverse cycle air conditioning – fully serviced
-Extra built in cabinetry in the living area for great storage options
-Sliding door built in robes in both bedrooms
-Fibre to the Premises (FTTP) internet & Foxtel connectivity
-Combined USB and Power Point outlets
-Dimmable lighting throughout
-Timber flooring in living areas, carpets in bedrooms
-High ceilings in living area to give a greater feeling of space
-Enclosed European Style Laundry
-One basement car space with large storage enclosure
-Fully interactive smart intercom system – Active Video/Audio, receive messages, alerts, emails, time, weather and more

Element development features:
-Pets welcome (subject to body corporate notification)
-Located directly on the Kingston foreshore promenade
-Building designed by Cox Architecture
-Double glazed windows throughout
-Rubbish chute - accessible on each level
-Glass lifts (with water views) direct from basement & foyer to your level
-Numberplate recognition and remote access to basement
-Smart lighting to light your way to your car space and lift access
-Newly installed security access and surveillance systems installed throughout the complex and basement

Low body corporate fees & living costs thanks to the:
-High level of technological integration & virtual building manager
-Solar panels & rainwater harvesting
-Intelligent lighting systems & energy monitoring technology
-Energy efficiency rating of 6 stars

Virtual building manager allows residents to remotely book shared facilities such as the:
-Rooftop garden & BBQ areas which also have Wifi so you can work on the go
-8 person cinema
-Postage Parcel locker delivery systems connected through unit intercom systems to alert resident

The Numbers:
Internal living area: 78m2
Balcony: 13m2
Height in building: Level 4 of 6
Age of unit: 6 years (built 2015)
Strata levies: $4,238 p.a. approx.
General Rates: $1,760 p.a. approx.
Water & sewerage rates: $670 p.a. approx.
Land Tax: $2,058 p.a. approx.
Rental potential: $630/week
EER: 6 stars
Sinking fund balance: $29,937
Admin fund balance: $134,907
Built by Chase
Strata manager CIVIUM
140 units in total spread over 2 buildings

The Offer Process:
-To help buyers on value, we advertise a guide price which your offer must exceed.
-Offers can be subject to finance or unconditional and on a contract.
-Offers are confidential & will not be disclosed to other buyers for privacy purposes.
-A 5% deposit is acceptable via eft just prior to exchange of contracts.
-We have a solicitor pre-allocated to provide a FREE contract review and section 17 if required.
-The property will not be held off the market under offer until the buyer is ready to exchange contracts.

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