FOR RENT
$550 per sqm excluding GST

C03/81 Cooyong Street
Reid ACT 2612

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 77m2
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Metropol development retail tenancy in City Fringe

Metropol development is a high-profile mixed use development located on the corner of Cooyong Street and Ainslie Avenue, one of the major gateway entry points to Canberra's CBD, its very well positioned to accommodate growth in Canberra's CBD and inner north.
Unit C03 Metropol is a 77sqm tenancy, it come with full glass shopfront, rear access, basement car park and high celling. this tenancy is suitable for retail, personal services and takeaway.
Visitor car parks available in the basement.
The site offers immediate access to the trendy Inner Canberra Suburb of Braddon and to the large number of private and government departments and agencies that operate their business from Canberra's CBD. The site also provides easy access to the National Convention Centre, Canberra Institute of Technology Reid Campus, Canberra Casino and Lake Burley Griffin.

Property Details for C03/81 Cooyong St, Reid

Building Type
Commercial
Floor Size
77m2

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About Reid 2612

The size of Reid is approximately 1 square kilometres. It has 7 parks covering nearly 16.5% of total area. The population of Reid in 2011 was 1,582 people. By 2016 the population was 1,645 showing a population growth of 4.0% in the area during that time. The predominant age group in Reid is 20-29 years. Households in Reid are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Reid work in a professional occupation. In 2011, 41% of the homes in Reid were owner-occupied compared with 38.2% in 2016.

Reid has 1,510 properties. Over the last 5 years, Houses in Reid have seen a 41.13% increase in median value, while Units have seen a 39.34% increase. As at 31 October 2024:

  • The median value for Houses in Reid is $2,208,920 while the median value for Units is $524,617.
  • Houses have a median rent of $600 while Units have a median rent of $575.
There are currently 13 properties listed for sale, and 7 properties listed for rent in Reid on OnTheHouse. According to CoreLogic's data, 42 properties were sold in the past 12 months in Reid.

Suburb Insights for Reid 2612

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Steven Shang
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RWC Canberra
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.