











Discover a vibrant community designed with your convenience and lifestyle in mind. The upcoming South Jerrabomberra Town Centre is planned as the vibrant heart of your community, bringing together shopping, dining, leisure, and essential services in one convenient location.
Planned Amenities Include:
•Retail and Grocery Options – Everyday essentials and specialty shopping made easy.
•Cafés and Dining Experiences – A range of dining and social spaces to enjoy with family and friends.
•Health and Wellness Facilities – Focusing on your family's wellbeing.
•Convenient Personal Services – Designed to enhance your daily life.
The South Jerrabomberra Town Centre is set to become the vibrant heart of your community—a destination precinct offering convenience, leisure, and connectivity right at your doorstep. Choose to live in South Jerrabomberra and enjoy all the exceptional amenities designed to enhance your everyday lifestyle.
Botanical Turner will become an architectural landmark in the heart of a vibrant suburb, perfectly placed to enjoy natural beauty and urban convenience. Be surrounded by architectural elegance, with a distinctive design softened by a leafy landscape and lush internal courtyard.
Note from the editor
Deciding on when to sell your property is never an easy call. You could opt for spring, the most popular time to go on the market, or take a chance on a quieter season. Then there are disruptions like long weekends, school holidays or even a federal election to consider. But, interestingly, Domain research shows the connection between political events and housing trends is misunderstood. If you’re intending to auction your home soon, the election needn’t ring alarm bells. They don’t directly slow down property transactions, nor do auctions underperform on election day. It seems we allow enough time to vote, eat a democracy sausage and bid all on the same day!
With its circular driveway, doubleheight windows and imposing portico, the home at 23 Dalman Crescent, O’Malley, was designed to make a grand first impression. Set on an expansive 2055 square metres, there’s no shortage of space – outside or in.
Agent Brett Hayman of Hayman
Partners says the award-winning home is exceptional in both scale and design.
“Whether hosting lavish gatherings or [relaxing], this residence provides an unrivalled lifestyle of sophistication and comfort,” he says.
The palatial main bedroom features a stylish en suite (with underfloor heating), a walk-in wardrobe and its own balcony, while a large guest suite is similarly appointed downstairs. A media room, office and three queensized bedrooms round out the package. Step from the open-plan kitchendining-living area to a tiered terrace (with kitchen and barbecue) and pool. The home has breathtaking views towards Black Mountain and comes with a guide of $3.995 million-plus.
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Editor Laura Valic
laura.valic@domain.com.au
Group picture editor Kylie Thomson
Senior designer Colleen Chin Quan
Graphic designer Emma Drake
Head of print & B2B content Sarah Millar
Group content director Mark Roppolo
Acting chief marketing officer
Heather McGovern
Interim chief executive officer Greg Ellis
Sales leader Nick Tinling
General manager Kaaren Lewis
Marketing manager Bree Baguley
*Canberra’s #1 Property magazine
Source: based on Roy Morgan Readership of Real Estate newspaper inserted magazines. 12 months to June 2024 (All ppl 14+)
Words by Laura Valic
Nicholls
6 Kuhn Place
$1.89 million+
5 3 3 EER 3
Private sale
Agent: Bastion Property Group, Theo Koutsikamanis 0431 543 649
This unique Bert Read-designed home in a quiet cul-de-sac offers an enviable lifestyle. The open-plan kitchen features stainless steel benchtops, custom joinery and a butler’s pantry, with formal and informal living areas providing multiple connection points to the entertainer’s courtyard and terrace. The expansive main-bedroom suite is a private escape upstairs, while a studio with a kitchenette and en suite would serve multigenerational living arrangements.
Chapman
52 Sidaway Street
$2.1 million+ 5 3 2 EER 5
Auction: 6pm, April 17
Agent: Blackshaw Weston Creek & Molonglo, Sean Rogers 0414 538 348 Behind remote-controlled entry gates lies this beautifully renovated home. The interiors are bright and modern, featuring sleek materials, fittings and finishes. A family room steps onto a deck and a fire pit overlooking a nature reserve. The 1274-square-metre block allows for an expansive outdoor setup, including an entertaining deck, a heated in-ground pool and a covered cabana. “Options for entertainment and relaxation abound at this wonderful home,” the agent says.
Hawker 34 Epenarra Close
+
Private sale
Source: Domain Group
Pops of vibrant red can be found in the main bedroom’s en suite and the kitchen’s splashback tiles. “Outside, the undercover al fresco area extends to a rear courtyard – perfect for relaxed entertaining,” the agent says. CLEARANCE RATE
Agent: Goodhaus Property, Jason Anasson 0423 821 138 Hark back to the funky 1970s in this unique home designed by architect Alan Marr. You’ll be immediately drawn to the timber-lined ceilings in the openplan dining-living space, which add warmth and character to the interiors.
Dr Nicola Powell Chief of research & economics
“Canberra’s rental market is regaining ground, with house and unit rents rising for a second straight quarter. Rents have hit new highs and vacancies are tightening – signalling renewed pressure in a market bucking the national trend.”
Source: Domain Rent Report March quarter 2025
Auction: 5.45pm, April 15
Agent: Belle Property Canberra, Andrew White 0406 753 362
This four-bedroom home is in a prime Inner North location, situated just moments from the light rail, and within walking distance of Dickson Central and Braddon. Whether you want to renovate, extend or move straight in, you’ll find plenty to like about this home. Features include wooden floors, a wood-burning fireplace and contemporary floor-toceiling bathroom tiles. Spend time in the private front courtyard or the flat, lush backyard while the kids and pets play.
Words by Jil Hogan
Bold and clever design: It may not seem like it, but Bottega is built entirely above ground for maximum thermal efficiency.
No stone has been left unturned in the vendor’s desire to make this Southern Tablelands property the best it can possibly be.
magine it’s time to go home. You arrive up a winding country road, the sky wide, the stillness immediate. The gates open, and it’s as if you’ve landed at a private luxury resort. Manicured lawns roll out before you – tended not by hand, but by automated mowers.
A glimmer of pool fence glass rises from an earth like sculpture. A vast home stretches across the landscape, its design hinting at Palm Springs but grounded firmly in the Southern Tablelands.
This is Bottega: a sprawling, luxury four-bedroom retreat that sits only half an hour’s drive from Canberra city, yet feels many worlds away.
And once you’re there, you may not want to leave.
“It’s a lifestyle property, but it’s a destination property,” says listing agent Matthew Anstee.
“You’re turning up and staying there for the enjoyment of the property. For the time you’re there, you’re set up and have everything [you need].”
Just 32 kilometres from Canberra Airport, Bottega feels completely removed from the everyday.
Designed by the current owner, an engineer with a passion for travel, architecture and sustainability, it’s a solar-passive home where luxury meets function – and where no detail has been overlooked.
The bold aesthetics are just the beginning. Beneath the home and across the land lies a complex network of infrastructure that places Bottega firmly in a league of its own.
The house is built entirely above ground – no part of the structure touches the earth – ensuring thermal efficiency is never compromised.
A suspended slab with hydronic underfloor heating, which can run on vegetable or waste oil, keeps the home comfortable across seasons.
The energy supply is completely offgrid, powered by solar and backed up with batteries.
Scan the code to see the listing
“It’s one of those properties where the level of detail and thought that’s gone into it is above and beyond.” Matthew Anstee
“The owner spent a fair bit of time in Arizona and overseas, looking at architecture, and he has a background as an engineer,” Anstee says. “It’s one of those properties where the level of detail and thought that’s gone into it is above and beyond.”
There are eight kilometres of underground irrigation piping across the 60-hectare property, and a header tank feeding water to troughs. There’s even copper piping at the base of each trough to suppress bacterial growth.
“It’s the little things that you just can’t see that really make you go, ‘wow’,” Anstee says.
Above ground, the home covers over 1000 square metres and has been designed for effortless hosting and multigenerational living – and can be controlled by a smartphone.
One wing houses three bedrooms, a bathroom, separate toilet, kitchenette and living space – ideal for guests or children. At the opposite end is a main-
bedroom suite with a soaring 4.5-metre ceiling, oversized windows and views.
A sun-drenched open-plan living space flows into a sleek kitchen and dining zone. There’s a study, a wine room, and a custom-built theatre offering a true dead-noise experience.
Step outside and the resort feel continues. A heated pool, hot tub, fire pit and entertaining area are finished with the same attention to detail; even the glass pool fencing is embedded in concrete so it “just looks like it’s grown out of the ground”, Anstee says.
A self-contained one-bedroom studio, a nine-bay shed and expansive fullyirrigated lawns round out the picture, set against a backdrop of vineyards, big skies and the peaks of the Brindabellas.
“When you arrive, there is the wow factor, but it feels comfortable [like] it’s a home too,” Anstee says.
This feature is part of an Allhomes Deluxe package.
We’re partnering with Carlotta, Raku and The Boat House to give away 3x $500 restaurant vouchers in a delicious giveaway.
Words by Jil Hogan
There’s a quiet confidence about the facade of 42 Quinane Avenue in Forde. And taking a peek inside, the home has every reason to feel self-assured.
A quick look around the two-storey abode and it’s clear this is a residence designed to take care of its people.
A charcoal brick feature wall leads you in, softening into warm natural textures and a layout that allows everyone space to breathe. There are spaces to enjoy each others’ company and even more spaces to entertain.
A formal lounge and dining area is flooded with natural light from generous feature windows. Keep walking and the kitchen is a statement, fitted with Carrara marble benchtops, custom joinery and a walk-in pantry.
Alongside it, the sunken living area features 3.2-metre ceilings and shadowline cornices.
Upstairs, the main-bedroom suite is set apart both literally and figuratively.
With a private balcony, walk-in dressing room and an en suite finished with marble and premium fixtures, it
“This exceptionally designed modern home has a warm feel, with formal and informal living areas, rumpus room, office and theatre. It ticks many boxes.”
offers a moment of retreat from the rhythm of family life.
Four additional bedrooms, each with individual split systems, ensure comfort for every member of the household, while the fifth bedroom is tucked away on the ground floor.
Also upstairs, the custom theatre room, with acoustic panelling and surround sound, turns movie nights into something cinematic. Outside, Wi-Fi-controlled irrigation, solar hot water and rainwater tanks keep the home running effortlessly.
Forde is known for its natural surroundings and community feel. With Mulligans Flat Reserve, Gungahlin’s town centre and top schools nearby, it’s an in-demand spot for putting down long-term roots.
Words by Ray Sparvell
Our border neighbour of Queanbeyan couldn’t get much closer to Canberra, but there’s no doubt the boundary between the two creates a real sense of separate identities.
Queanbeyan definitely has the feel of a NSW regional town, while just across the divide, everything is, well, capital.
Aaron Papahatzis of Belle Property Queanbeyan, who lists this week’s feature property at 24 Crawford Street, says there is plenty of optimism on his side of the border, especially when it comes to real estate.
“Canberrans are finding plenty to like when they take a closer look at what’s on offer,” he says. “Their budget definitely stretches further in Queanbeyan –and they can find homes with real character like the feature property.”
Papahatzis says the local lifestyle is also a distinctive drawcard for a wide range of people. “Everyone from, say, retiring farmers to Canberrans are attracted to the more relaxed pace,” he says.
Gavin Van Zyl of White Rhino Property says the regional real estate market has really been buzzing.
“There’s a high number of buyers in the market and a lot of confidence,” he says.
“Lifestyle properties on acreages around Googong have been particularly sought-after.”
Van Zyl says he has also seen plenty of interest from Tuggeranong buyers seeking to maximise their budgets.
“There are plenty of options to choose from, and the travel distance to workplaces is often very similar,” he says.
“The country town vibe is also a big drawcard for many who wish to become part of a tight-knit community.”
Value
Queanbeyan still offers more bang for your buck than its city neighbour. First-home buyers and young families are attracted to the range of options, from apartments to detached homes.
Location
It’s as close to the Canberra CBD as some of the ACT’s outer suburbs, so Queanbeyan is conveniently located to take advantage of city schools, employment and more.
Vibe
Queanbeyan has a regional town appeal with its main street, pubs, markets and riverside location. But there’s nothing regional in its growing infrastructure, including schools and healthcare.
Sitting neatly behind a white fence, this Queanbeyan cutie presents as the kind of character weatherboard home found throughout many parts of Australia. However, appearances can be deceiving. Behind the crisp, traditional exterior that speaks of tea and scones (with jam and cream) is a modern interior that’s more modern cocktails and share plates.
The near-new home has light-filled spaces, soaring ceilings, timber floors, a fireplace and high-end finishes. There’s a Hamptons vibe going on, for sure.
Other features include double-glazed windows and zoned ducted heating and cooling for year-round comfort.
Four spacious bedrooms and a study occupy the front. The main-bedroom suite is a private retreat with a bespoke walk-in wardrobe, a luxe en suite and underfloor heating.
The kitchen has it all: a Quantum Quartz benchtop with a breakfast bar, an AEG induction cooktop, pyrolytic and microwave ovens, and a Miele dishwasher. A concealed pantry provides ample storage.
FEATURE PROPERTY
Queanbeyan
23 Campbell Street
Circa $1.65 million
4 2 2
Auction: 5pm, April 10
Agent: Belle Property Queanbeyan, Aaron Papahatzis 0419 683 599
Scan the code to see the listing
Outside is a covered entertaining area with a fully equipped kitchen leading to a big rectangle of lawn and low-maintenance landscaping. You’ll also discover a double garage and a studio that is currently set up as a fitness room.
Other tech includes a 10-kilowatt solar-energy system, Wi-Fi-controlled irrigation, a motorised sliding gate, and a Paradox security system. It all sits on a 651-square-metre dual-access block just across from Queanbeyan pool and park.
Ray White Queanbeyan/ Jerrabomberra, Brad O’Mara 0402 343 771
4 2 1
sale Agent: Belle Property Queanbeyan, Aaron Papahatzis 0419 683 599
2 1
Agent: Ward Estate Agents, Greg Ward 0413 503 312
Words by Sue Williams
AI can be trusted enough for financial advice, the experts say, but not just any large language model like ChatGPT.
It’s all very well asking artificial intelligence (AI) for explanations of simple concepts or assistance with emails or maths problems, but should we also trust it enough for financial advice?
Experts in the field increasingly say “Yes”, pointing out the legal protections in the system to safeguard a brave new world of wiser investments, although advising be cognisant of risk.
“It is possible to use technology to generate financial advice in a way that’s very safe and reliable, but there is the question of how you do that,” says Zein El Hassan, partner – financial services with national law firm Mills Oakley.
“There is a danger in going onto a large language model like ChatGPT and just asking for financial advice that may not be appropriate for you, or based on information that’s out of date or calculations that may be inaccurate.
“But if AI is used together with advice generation engines, like Otivo, that propagate algorithms and calculations using pre-planned materials and a smaller subset of information, that could generate advice you can rely on.”
In addition, if the AI is used to compare real estate investments with shares, super, managed funds and so on, which are financial products, then
“There’s a danger in going onto a language model like ChatGPT [to ask] for financial advice.” Zein El Hassan
the provider of the AI will be subject to financial services laws under the Corporations Act, El Hassan says. Further, any information, guidance or advice concerning real estate must comply with consumer protection laws prohibiting misleading and deceptive conduct.
Otivo, a new AI-powered digital advice tool, built on existing digital tools in use by finance company Colonial First State and vetted by accounting firm KPMG, was launched last month and is currently creating a huge amount of buzz in the industry.
Human-free: Advice generation engines like Otivo are subject to the same legal oversight.
It focuses on strategic decisions, such as whether to pay down debt or invest in new property.
To provide answers, it first asks the user a series of questions about their income and expenses, assets and liabilities, and dreams and aspirations, to make sure it grasps each individual’s circumstances.
Founder and chief executive of Otivo Paul Feeney says: “It then talks about, and rates, various investments for you, while making sure to preserve cash flow.
“For many Australians, this can be an area that’s complicated and confusing, but this provides the tools to make the best of any financial life.”
With the AI sector expected to grow from a $200 billion industry today to
more than $1 trillion by 2030, it also has plenty of other value within the property investment space.
AJ Financial Planning founder Alex Jamieson says, for a start, it can make property searches so much easier, giving you, for instance, a list of suburbs within 10 kilometres of any CBD.
Then you can add accessibility to public transport, growth prospects, upcoming infrastructure or median prices.
“You could delve into the suburbs you might like or other criteria you may find important,” Jamieson says.
“You set the parameters and can ask about stock availability, vacancy rates, anything. You can trial different AI platforms, but often it’s a question of perfecting your questions and prompts to receive the best answers.”
Words by Laura Valic
Auction: 10.30am, April 12
Agent: Bastion Property Group, Antony Damiano 0473 444 666
It will be hard to find an address in all of Canberra offering a more iconic view than this luxurious penthouse on Constitution Avenue.
From its vantage point on an entire floor of the landmark Seventy One apartment development in Campbell, cultural icons such as the Australian War Memorial and the National Library of Australia are clearly visible.
Designed and constructed by renowned developer and builder Hindmarsh in conjunction with award-winning architects Cox Architecture, this property promises glamorous and generous apartment living.
The moment you step from the lift into your private lobby, you’re greeted by an ambience that exudes sophistication.
What unfolds is an expansive floor plan in which space and light abound. Blackframed walls of glass open up the capital’s skyline in every direction, but the interior design is a showstopper in itself.
The stunning open-plan kitchen hits the right notes with super white natural stone benchtops and a centrepiece island contrasted by dark-toned custom joinery and integrated appliances.
This stone also surrounds an elegant two-way gas fireplace that zones the north-facing living spaces.
Unwind in the sanctuary of the main bedroom suite to the rear of the apartment, with a luxe en suite and walk-in wardrobe. Two more bedrooms and bathrooms, plus a separate guest suite, complete this side of the home.
The truly rare offering, however?
A private rooftop terrace spanning 278 square metres that includes an outdoor kitchen, fire pit, bench seating and pergolas. To top it off is an elevated heated pool – perfect for summer parties or a relaxing morning dip.
Listing agent Antony Damiano of Bastion Property Group says every moment here will feel extraordinary.
“This is more than just a penthouse; it’s a lifestyle, a rare opportunity to own the pinnacle of luxury living in Canberra’s skyline,” he says.
3/50 Jacka Crescent
$3.295 million
2 4 EER 6
Private sale
Agent: Luton Properties Manuka, Sophie Luton 0410 750 413
Designed by CO-AP Architects, this grand townhouse provides low-maintenance luxury. Its precast concrete and bronzed steel accents are elevated by marble benchtops, oak flooring and terrazzo tiling. There’s a covered terrace off the main living area and a second off the main-bedroom suite and study space on the second floor.
Griffith
10/58 Leichhardt Street
$2.25 million+ 3 3 2 EER 6.5
Private sale
Agent: Hive Property, Samantha Linsdell 0402 507 902
This new top-floor penthouse apartment is part of the LIFE complex. The house-sized interiors are divine with textured and industrial inclusions. The expansive gourmet kitchen, with butler’s pantry, features stone benchtops and a full-height wine fridge. Enjoy time spent on either of your two private terraces or the rooftop, which includes a pool.
Forrest 39/7 State Circle
$2.599 million
4 4 EER 8
Private sale
Agent: Carter and Co Agents, James Carter 0413 974 912
This apartment by Collins Pennington Architects offers refined urban living in prestigious Forrest. The spacious interiors have European oak flooring, and statuario and Carrara marble. Double-glazed stacker doors open onto a balcony with views towards Parliament House. “It blends luxury and a lifestyle that stands above all else,” the agent says.
Kingston
44/21 Dawes Street
$1.675 million
2 2 EER 6
Private sale
Agent: Belle Property Canberra, Louise Harget 0412 997 894
Embrace a sophisticated lifestyle in this exceptional apartment in vibrant Kingston. The interiors include hardwood timber floors, a solid waterfall limestone benchtop in the kitchen, and floor-to-ceiling windows and doors. Step outside to a serene 70-squaremetre courtyard. Adding versatility to the floor plan is a glassed-off media room.
2 Maslin Place
37 Hellmund Street
51/16
8/11 Moncrieff 17/2 Verdon Street
102/17TheCauseway
7 Pony Place
23 Campbell Street
20 Trundle Street
32 McGowan Street
802/2 Masson
7/101 Kinloch
1116/240 Bunda
1 Gormanston
4/58 Wentworth
64 Caley Crescent
3/25 Jerrabomberra
27 Tennyson Drive
46 Investigator
817/240 Bunda
32 McIntosh Street
6211 Monaro
3/133 Rivett Street
Bungendore Queanbeyan Downer
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Queanbeyan
Waramanga Carwoola
Queanbeyan
Kingston
Burra
Dickson
O'Connor Deakin Kingston
Carwoola Queanbeyan Taylor
Dickson Turner Bruce City Deakin Kingston Narrabundah Narrabundah
Queanbeyan Red Hill City
Queanbeyan Michelago Hackett
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Aaron Papahatzis
Aaron Papahatzis
Andrew White
Andrew White
Oumaya Escribe
Josh Yewdall
Stu Hamill
Ryan Broadhurst
Steve Whitelock
Ryan Broadhurst
Aaron Papahatzis
Oumaya Escribe
Ryan Broadhurst
Dan McAlpine
Andrew White
Linda Lockwood
Oumaya Escribe
Ryan Broadhurst
Aaron Papahatzis
Stu Hamill
Andrew White
Andrew White
Josh Yewdall
Michael Pead
Linda Lockwood
Oumaya Escribe
Bree Currall
Louise Harget
Aaron Papahatzis
Alexander Smout
Josh Yewdall
Aaron Papahatzis
Ryan Broadhurst
Andrew White
0419 683 599
0419 683 599
0406 753 362
0406 753 362
0432 341 179
0430 213 909
0472 681 881
0417 513 896
0402 082 886
0417 513 896
0419 683 599
0432 341 179
0417 513 896
0488 055 786
0406 753 362
0411 244 874
0432 341 179
0417 513 896
0419 683 599
0472 681 881
0406 753 362
0406 753 362
0430 213 909
0431 937 684
0411 244 874
0432 341 179
0410 633 247
0412 997 894
0419 683 599
0421 148 706
0430 213 909
0419 683 599
0417 513 896
0406 753 362
Address
32 Kathleen Street
23/28 Watson
12/48 Lampard
105/85 Eyre Street
509/27 Lonsdale
74 Plimsoll Drive
43B Allan Street
43A Allan Street
158 Beasley Street
12/70 Bourne
36 Mol Crescent
15 Hemmant Street
275 Bingley Way
49 Sidaway Street
14 Crowley Court
9 McIntyre Crescent
50/88 Narrambla
105 Samaria Street
15 Amungula Place
4 Rosenthal Street
16 Caley Crescent
91/4 Foulkes Street
3/75 Elizabeth
150 Edward Drive
88 Irinyili Street
1289 Bungendore
38 Dorrie Crescent
6/80 Newdegate
2 Briand Crescent
6/50 Boolimba
179 Poppet Road
30/6 Cunningham
44/21 Dawes Street
15 Ferdinand Street
Queanbeyan
Turner
Bruce
Kingston
Braddon
Casey
Curtin
Curtin
Torrens
Cook
Googong
O'Connor
Wamboin
Chapman
Charnwood
Googong
Lawson
Crace
Wamboin
Campbell
Narrabundah
Denman
Franklin
Googong
Bonner
Bywong
Moncrieff
Deakin
Googong
Narrabundah
Wamboin
Griffith
Kingston
Campbell
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Aaron Papahatzis
Andrew White
Josh Yewdall
Louise Harget
Dan McAlpine
Josh Yewdall
Bree Currall
Bree Currall
Linda Lockwood
Josh Yewdall
Ryan Broadhurst
Andrew White
Ryan Broadhurst
Lauren McDonald
Andrew White
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Aaron Papahatzis
Bree Currall
Josh Yewdall
Ryan Broadhurst
Louise Harget
Louise Harget
Andrew White
Andrew White
Aaron Papahatzis
Josh Yewdall
Ryan Broadhurst
Josh Yewdall
Louise Harget
Aaron Papahatzis
Louise Harget
Ryan Broadhurst
Josh Yewdall
Louise Harget
Josh Yewdall
*Times are subject to change. Please keep up to date by viewing our open homes online or subscribe to property alerts at https://www.belleproperty.com/canberra/
Words by Danielle Meddemmen
Breadalbane
181 Mutmutbilly Road
$1.025 million
3 2 2
Private sale
Agent: Ray White Goulburn, Jess Grashorn 0427 768 003
Nestled in beautifully presented trees and gardens on two hectares is this charming three-bedroom home. Built in 1876 as the town’s schoolhouse, the house is akin to a fairytale stone cottage but has been wonderfully preserved and updated over time. Cosy up beside three wood-burning fireplaces or dine under the vine-draped pergola.
North Batemans Bay 16 Bayridge Drive
$1.795 million
5 3 2
Private sale Agent: LJ Hooker Batemans Bay, Rob Routledge 0414 235 976
This near-new coastal escape includes all of the modern-day luxuries you could ask for, from a family/games room to two bedrooms with en suites. Enjoy sweeping views from two fulllength decks, with the lower level able to be enclosed by shutters. Take your pick between the sparkling waters of Batemans Bay or the backyard pool.
Words by Ray Sparvell
Sometimes, it takes creativity to find the right selling angle for a commercial property.
This time around, it’s pretty straightforward: a whole building in (“old”) Kingston is for sale for the first time since it was built in 1958.
That in itself tells the story – this type of opportunity in this sought-after InnerSouth precinct just doesn’t happen often.
The Green Square property offers three tenancies over two storeys with 668 square metres of floor space.
The vacant ground-floor unit covers 204 square metres. Upstairs, tenancy two of 130 square metres is leased to an Indian restaurant, while the (also vacant) tenancy three occupies 334 square metres. This top-floor space was occupied by The Social Club and is fitted out as an entertainment venue.
The vacant tenancies are zoned as office spaces or even as “caretaker” residences
– both allowable under the crown lease. Annual net rent when the building is fully let is estimated between $250,000 and $270,0000, plus GST. Patrick Barton of Barton Commercial Property says the building represents an unrivalled opportunity.
Unrivalled Deakin Investment Opportunity
+Approximate annual net rent of $484,747 p.a.
+1,666sqm building on a large 2,004sqm land parcel
+Excellent street exposure on prominent Denison Street corner
+ Well-established tenancy pro le, all with quality touts
+Immaculately maintained gardens and outdoor courtyard areas
+On-site parking for 20 cars
+3-star NABERS Energy Rating
Expressions of Interest
closing 3pm Tuesday April 29th
Contact Civium or Ray White Commercial for more information.
“This is the first time this property has come onto the market in nearly 70 years,” he says. “That’s not a once-in-a-generation opportunity –it’s once-in-a-lifetime.”
There’s a rear yard, four car bays and a 12-metre frontage to Green Square.