If you're seeking a premium investment with future owner-occupier potential, this beautifully appointed one-bedroom, one-bathroom apartment on Kingston Island presents a rare opportunity. Located in the exclusive Lakefront development overlooking Lake Burley Griffin's East Basin, this light-filled, fully furnished residence combines resort-style living with strong rental returns. Currently leased at $650 per week until April 2026, the property suits a buyer looking to purchase now and move in later. Positioned on the mezzanine level, it enjoys a prized northerly aspect and offers a peaceful, private retreat with lush outlooks and abundant sunlight. Part of a prestigious, residential-only complex of 145 apartments developed by the renowned Amalgamated Property Group (completed in 2012), Lakefront is celebrated for its luxury, quality, and timeless design. Residents have access to premium facilities including a fully equipped gymnasium and a spectacular heated infinity-edge pool with sweeping lake views toward Black Mountain. This spacious 64 m² apartment flows seamlessly to a beautifully landscaped 80 m² courtyard garden—perfect for entertaining, relaxing, or accommodating a small dog. The dog-friendly complex makes this an ideal choice for pet owners. Inside, enjoy high-quality furnishings, a gourmet kitchen with Miele appliances, and Caesarstone benchtops. The elegant two-way bathroom features a double vanity and a large walk-in shower with composite marble finishes. Comfort is assured year-round with ducted reverse-cycle air conditioning and floor-to-ceiling Low E glass throughout. Additional features include secure basement parking with remote access, a storage cage, lift access, intercom entry, and optional bike and canoe storage. Set in a premier lakeside location, you're just moments from Kingston Foreshore's vibrant cafes and restaurants, local markets, national institutions, and scenic walking and cycling trails. Property Highlights: Investment opportunity: leased at $650/week until April 2026 Northerly aspect with exceptional natural light Quiet, private position on the mezzanine level Generous 64 m² internal living + 80 m² private courtyard garden Dog-friendly complex with ideal outdoor space for pets Ducted reverse-cycle air conditioning Floor-to-ceiling Veridian Low E energy-efficient glass Fully furnished with quality inclusions Gourmet kitchen: Miele gas cooktop, electric oven & dishwasher Two-way bathroom with double vanity & spacious walk-in shower Caesarstone & composite marble finishes throughout European laundry with Fisher & Paykel washer & dryer Gymnasium, heated infinity-edge pool with lake views Secure basement parking, lift access & storage cage Optional bike and canoe storage Apartment Size: 64m2 plus balcony 80m2 Year Built 2012 Body Corporate: $1,583.40 per quarter Land Tax $778.69 General Rates: $599.00 per quarter Lease: $650.00 per week, in a fixed term until 10/4/2026 Number in Complex: 145 Disclaimer: While all care has been taken in compiling information regarding properties marketed for rent or sale, we accept no responsibility and disclaim all liabilities in regards to any errors or inaccuracies contained herein. All parties should rely on their own investigation to validate the information provided.
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