140/33 Currong St S, Reid is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 5000m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in March 2014.
Whether looking for that first home or an affordable investment it is difficult to go past Argyle Square. This unique development of townhouses and apartments is located within a block of the Canberra Centre and just moments from historic Glebe Park. Mt Ainslie's walking trails, the ANU and major centres of employment are close by.
Offered with vacant possession, this fully furnished, two bedroom apartment is positioned on the second floor of the secure, low rise block. Balconies off the sunny living/dining room and the main bedroom create a sense of space and light. A bank of cupboards in the dining area, perfect for storing china, cutlery and glass is a welcome and unexpected surprise in smaller apartments of this vintage.
The kitchen is complete with dishwasher, microwave and a gas stove; the bathroom is functional and there is a separate laundry with washing machine and clothes dryer. Gas heating and a single garage with auto door complete the picture.
The property is currently leased through Argyle Executive Apartments and a new management agreement could be an option for the investor. Alternatively leasing the apartment, either furnished or unfurnished, in the private rental market may prove to be a worthwhile possibility. An owner occupier will undoubtedly appreciate the convenience of the location and the affordable asking price.
Rates: $937 pa
Land Tax: $794.90 pa
Water & Sewerage $612 pa
BC Levies $3,035 pa
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:
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