5 Kerridge Street
Kingston, ACT 2604

This stylish ground floor apartment is positioned within one of the quieter precincts of the Kingston Foreshore, offering contemporary comfort, intelligent design, and an effortless lifestyle just moments from vibrant cafés, restaurants, and everyday amenities.

The apartment showcases an industrial-inspired aesthetic with modern finishes throughout, featuring exposed concrete ceilings and ceiling-mounted spotlights in every room. The living spaces combine tiled and carpeted areas, creating warmth while maintaining a sleek urban feel.

The thoughtfully designed floorplan includes a spacious bedroom and a generous study complete with built-in desk and shelving, providing flexibility for working from home, guest accommodation, or use as a second bedroom. A centrally positioned bathroom conveniently services both rooms.

The open plan kitchen, dining, and living area flows seamlessly to a covered north-west facing patio overlooking the complex’s peaceful leafy internal courtyard. Both the living area and bedroom enjoy direct access to the outdoor space, while the patio gate provides convenient access to the internal courtyard and nearby covered car space, offering an easy alternative to using the main building entry and front door.

The contemporary kitchen combines style and functionality, featuring premium Miele appliances, an integrated fridge/freezer concealed within custom cabinetry, and a cleverly integrated European-style laundry with Bosch washer/dryer positioned discreetly beside the fridge space for a streamlined finish. The kitchen and dining area are tiled for practicality, while the living area, bedroom, and study are comfortably carpeted.

Peacefully positioned away from the bustle yet just a short stroll from the Foreshore’s popular dining and lifestyle attractions, this apartment represents an outstanding investment opportunity.

Key features include:

• Ground floor position with direct courtyard access
• Spacious bedroom plus versatile study with built-in desk and shelving
• Covered north-west facing patio overlooking quiet internal gardens
• Exposed concrete ceilings with industrial-modern styling
• Ceiling-mounted spotlights throughout
• Miele kitchen appliances
• Integrated fridge/freezer
• Concealed European laundry with Bosch washer/dryer
• Split system heating and cooling to living area
• Block-out vertical blinds to living area and bedroom
• Covered ground floor car space
• Basement storage cage
• Residents’ rooftop entertaining area

This property is offered on behalf of a Defence Housing Australia lessor and has a Defence Housing Australia lease in place, expiring on 18 May 2029. The current rent is $540 per week, with a gross yield of approximately 4.9% based on a $570,000 purchase price. The DHA Property Care Fee is 13%, which includes rent guarantee, management, and maintenance.

Upon lease expiry, the DHA contract specifies that the property will be internally painted and new carpets laid.

Additional details include an internal area of approximately 58.4 square meters, a patio area of approximately 15.6 square meters, and a total area of approximately 74 square meters. Strata fees are approximately $972.74 per quarter, rates are approximately $524 per quarter, and land tax is approximately $632.98 per quarter. The energy efficiency rating (EER) is 6.0.