You don’t find many of these in Canberra – dwellings where a connected residence sits above a commercial premise.
Sure, mixed-use developments often offer apartments above commercial spaces, but not where the floor plan is, essentially, integrated.
The Kingsborough precinct set back from the Kingston Foreshore positions itself as “a new urban village”.
It comprises 280 apartments, terrace homes and warehouse dwellings, plus a village square with a strip of shops.
That’s where you will find 9/10 Parbery Street – a street shopfront with a two-bedroom apartment above, and each with its own private entrance.
The commercial space is the perfect size for an office, specialist retail or other offering, such as a hairdressing salon.
The apartment delivers two bedrooms, one with a private balcony. The other has an en suite.
The living area features herringbone timber flooring and the lounge has central heating and cooling for year-round comfort. The kitchen is an absolute showpiece with all-black fixtures. There’s also a basement car bay.
Agent Tammy Bush of Independent North says the property is likely to have wide appeal.
“An owner occupier may see the value in living and working in the same location,” she says. “Or they could lease out the office space for an income stream that might help pay the mortgage.”
Bush says an investor could draw both residential and commercial income from the one property.