40/39 Eastlake Parade

Discover a rare opportunity to secure a beautifully positioned Penthouse apartment with uninterrupted water views, set high along the edge of the bustling Kingston Foreshore. With over 100m² of light-filled living and a generous 19m² terrace, this executive residence delivers modern interiors, quality finishes and a layout that shares just one neighbouring wall. Extra windows offer more natural light, while the living areas, terrace and main bedroom all soak up stunning water views you'll never tire of. Step outside and embrace the ultimate waterfront lifestyle, with popular cafes, bars and restaurants just moments away. Walk, run or ride around the lake, hit a nearby gym, launch a kayak or enjoy a relaxed GoBoat picnic with friends. Prefer something slower? Pour a glass of wine and unwind on your private terrace as the sun sets and boats drift by. Residents also enjoy access to two rooftop terraces with BBQs, seating, WiFi and sweeping northern water views-perfect for entertaining friends and family year-round. All this, with the calm and quiet that makes Kingston Foreshore one of Canberra's most sought-after places to live. Get a glimpse into your new lifestyle by watching our detailed walk-through video prior to your inspection (and after!). It's our 24/7 salesperson, allowing you to get an excellent feel for the features and benefits of this unit including the living quarters, common area facilities, car parking and lock up storage. It's the most informative property video you will watch during your search To get a copy of the digital brochure containing an explanation of our buyer friendly sales campaign, the full contract (and so much more), pleasesend us an emailfrom any of the web portals and it will be automatically sent to you. Apartment Features: Largest and highest 2-bedroom floorplan in the Element development Only one adjoining neighbour plus three extra side windows for added privacy Sunny northerly aspect from the 4th and 5th levels Elevated, uninterrupted water views across Kingston Harbour to the Jerrabomberra Wetlands Large terrace off living areas via stacking sliding doors with remote-operated blinds Double-glazed doors and windows for strong thermal and acoustic performance Kitchen with stone benchtops, mirrored splashback cupboards, black Miele oven and cooktop with externally ducted rangehood, plus integrated fridge/freezer and dishwasher Laundry with combined washer/dryer included Under-stair storage cupboards Ducted reverse-cycle air conditioning downstairs, wall-mounted units in both upstairs bedrooms, with condensers on the roof Full wall of sliding doors, built-in robes to both bedrooms, wall-mounted TV in main bedroom Main bathroom and ensuite with full-height tiling, shower, toilet, vanity with under-storage and mirrored cabinets Hybrid timber flooring to living areas, carpet upstairs, tiles in wet areas 2.8m exposed concrete ceilings in living area for enhanced sense of space Two side-by-side basement car spaces with generous lockable storage enclosure nearby The numbers (approx): Internal living area: 102m2 Terrace: 19m2 Height in building: levels 5 and 6 (top 2 floors) Age of unit: 10.5 years (building completed August 2015) Strata levies: 11,237 p.a. General Rates: $2,881 p.a. Water & sewerage rates: $804 p.a. Land Tax: $3,835 p.a. Rental potential (unfurnished 12m lease): $900/week EER: 6 out of 6 stars Sinking fund balance as of 31/12/2025: $170,883 Admin fund balance as of 31/12/2025: $647,890 Name of development: Element Builder: Chase Construction Architect: Cox Architecture Strata manager: Grady Strata and Facilities Management phone 62511214 Units plan number: 4146 140 residential units in total spread over 2 distinct buildings Element Development Features: Prime waterfront position on Kingston Foreshore promenade, permanently protected from being built out Ground-floor commercial (26 units) with 140 residential apartments across levels 25 Two resident rooftop terraces with BBQs, seating, WiFi and direct harbour views Number-plate recognition access and smart lighting to car spaces Glass lifts with water views from basement and foyer to all levels Video intercom entry plus security and surveillance throughout 8-person cinema room Rubbish chute on every level FTTP internet, CAT6 cabling throughout and Foxtel connectivity Pet-friendly (subject to strata notification) Solar panels and rainwater harvesting Intelligent lighting and energy monitoring systems Secure bike storage enclosure in basement To help buyers, we offer the following: We provide a solicitor who can review the marketing contract for FREE and provide a FREE Section 17 certificate to waive your cooling off if you want to submit an unconditional offer Help amending any conditions in the contract such as organising an occupation agreement or variation of settlement dates 5% deposit pre-approved Free valuation(s) on other properties you own to help establish your current equity base and assist with your finance approval