FOR SALE
By Negotiation

402/83 Cooyong Street
Reid ACT 2612

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 84m2
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City Living at its Best !

A stunning one-bedroom apartment that redefines modern city living. Nestled in the heart of Canberra, this exquisite property offers the perfect balance of style, convenience, and functionality, making it an ideal choice for first-home buyers, professionals, or investors seeking a prime location.
Unmatched Location - Situated in the prestigious Metropol complex, this apartment places you within walking distance of Canberra Centre, Glebe Park, and a myriad of cafes, restaurants, and entertainment options. With easy access to public transport and major arterial roads, commuting becomes a breeze, whether you’re heading to work or exploring the city’s many attractions.
Sophisticated Interiors - Step into a light-filled living space that seamlessly blends contemporary design with practical living. The open-plan layout is complemented by floor-to-ceiling windows, allowing natural light to flood the interior and offering stunning views of the cityscape. The living area effortlessly extends to a private balcony, creating the perfect spot to unwind or entertain guests.
The well-appointed kitchen is a chef’s delight, featuring high-quality appliances, sleek cabinetry, and ample storage. Whether you’re preparing a quick meal or hosting dinner, this kitchen caters to all your culinary needs.
Comfortable Living - The spacious bedroom is a serene retreat, complete with built-in wardrobes and large windows that enhance the sense of space and light. The modern bathroom boasts premium fixtures, a large shower, and stylish finishes, ensuring your daily routines are met with luxury and comfort.
Exceptional Amenities - As a resident of Metropol, you’ll have access to an array of first-class amenities designed to elevate your lifestyle. Take advantage of the outdoor rooftop terraces, complete with BBQ facilities and panoramic views of the city and beyond. Relax in the shared lounges, host gatherings in the private dining areas, or enjoy a refreshing dip in the complex’s pool. Secure entry and intercom systems provide peace of mind, while the underground car space and storage area offer convenience and practicality.
Investment Potential - Reid’s central location and proximity to Canberra’s vibrant CBD make this property a highly attractive investment opportunity. With strong rental demand and consistent growth in the area, this apartment promises excellent returns for savvy investors.
Total Space = Living + Balcony + Car Space + Storage = 84 sqm
Property Features Include:
• Spacious bedroom with built-in wardrobes
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Property Details for 402/83 Cooyong St, Reid

402/83 Cooyong St, Reid is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 84m2. The place is currently for sale with Impact Properties Canberra.

Building Type
Apartment
Floor Size
84m2

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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 1,524 properties. Over the last 5 years, Houses in Reid have seen a 48.34% increase in median value, while Units have seen a 18.39% increase. As at 30 November 2024:

  • The median value for Houses in Reid is $2,228,994 while the median value for Units is $512,163.
  • Houses have a median rent of $600 while Units have a median rent of $590.
There are currently 11 properties listed for sale, and 8 properties listed for rent in Reid on OnTheHouse. According to CoreLogic's data, 43 properties were sold in the past 12 months in Reid.

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Mandeep Singh
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Charan Singh
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