FOR SALE
$459000+

517/81 Cooyong Street
Reid ACT 2612

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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City Living With A Reid Postcode

Discover an amazing opportunity with this modern one-bedroom apartment, ideally situated in the heart of Canberra. Perfect for first home buyers, investors, and downsizers!
A spacious bedroom with abundant natural light, built-in wardrobe, and a calming atmosphere perfect for relaxation. Open-plan living and dining area ideal for entertaining guests or enjoying a quiet night in. Stylish kitchen with quality appliances, ample storage, and a functional layout. Secure parking space included for your convenience.
Equipped with a spacious and well-appointed entertaining lounge, kitchen and dining area. Enjoy a refreshing swim or relax by the poolside in a resort-style setting.
Steps away from Canberra's best restaurants, cafes, entertainment venues, shopping centres, and Mount Ainslie. With almost all of the city's public transport network at your door step, making commuting a breeze. 10 minutes walk to Australia National University.
*This property is currently tenanted, with the lease about to end. Current tenant would love to stay, making it an ideal opportunity for those looking for an active investment. Alternatively, it is also perfect for anyone looking to move in soon after the lease concludes.
Don't miss this opportunity to secure a prime piece of Canberra real estate. Contact us today to lock in your next inspection.
Features:
� Bedroom with Built-in Wardrobe
� Large Bathroom with Gold finishes
� Modern Kitchen with quality appliances and Gold Finishes
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Property Details for 517/81 Cooyong St, Reid

517/81 Cooyong St, Reid is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with LJ Hooker Manuka.

Building Type
Apartment

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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 1,509 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 6 properties listed for rent in Reid on OnTheHouse. According to CoreLogic's data, 42 properties were sold in the past 12 months in Reid.

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Adanna Obinna
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