OFF MARKET

16 Amaroo Street
Reid ACT 2612

Bedrooms: 2
Bathrooms: 1
Car spaces: 4
Floor area: 91m2
Land area: 698m2
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Last updated 28 Oct 2024
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Property Details for 16 Amaroo St, Reid

16 Amaroo St, Reid is a 2 bedroom, 1 bathroom House with 4 parking spaces and was built in 1950. The property has a land size of 698m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
House
Year Built
1950
Floor Size
91m2
Land Size
698m2
Local Government
Canberra Central
Lot/Plan
REID: Block 30, Section 1

Last Listing description (March 2023)

What would life look like living in a gorgeous and rare terrace style home that has been fully renovated all whilst positioned in the heart of one of Canberra's oldest suburbs? Allow us to paint the picture for you.

Established some 97 years ago, the suburb of Reid for many is aspirational and generational. Positioned in the very heart of Canberra, the homes are built with character, heritage, and each have their own story to tell. With established gardens, gorgeous tree lined streets, mature and shaded canopies, delightful bush walking trails and on the fringe of some of Canberra's most famous monuments, a chance to buy within the history of our capital.

Number 16 is reminiscent of the delightful terrace homes in other cities, with gorgeously appointed solid timber floors, timber sash windows, uniquely comforting and cosy design, surrounded by established and mature gardens, this home oozes the character and charm of a bygone era whilst providing the finishes expected in modern living. Sitting on a generous and flat block of land, this home has been gorgeously and extensively renovated throughout, providing a gentle mix between old and new.

Located within a quiet street this home offers two spacious sun-filled bedrooms upstairs that both overlooking the generous rear garden, a beautifully renovated main bathroom and gorgeously renovated kitchen. The comfortable living space downstairs is the perfect size for lounging and perhaps converting the current enclosed fireplace back to its former glory could be the perfect project for those cooler nights ahead.

This home represents a unique buying opportunity to purchase in a premium blue-chip suburb and a location that is unparalleled, within a short walk to many wonderful schools, Anzac Parade, the War Memorial, Constitution Avenue, Lake Burley Griffin, Glebe Park and close to the buzzing metropolitan precinct of the Nation's Capital.

Currently tenanted month to month with the tenant paying $640 per week, they are happy to stay and consider signing a new 12 month lease at a slightly higher weekly amount. To be discussed with the agent.

Features include:
- Gorgeous tree-line street
- Fully renovated home
- Solid timber floors
- Timber sash windows
- Block 698m2 approx.
- Two sun-filled bedrooms
- Renovated main bathroom
- Gorgeous living area
- Single carport
- Bedrooms contacted Scandinavian wall heaters
- Established and mature gardens
- Not heritage listed potential future development
- Surrounded by excellent schools
- Short walk to Anzac Parade and Lake Burley Griffin
- Short walk to the budding cafes in Campbell, Canberra Olympic Pool, the Canberra Centre, or Brandon's buzzing cafe and restaurant scene
- Updates in 2016
- Freshly painted throughout
- New carpet layed upstairs in hallway and both bedrooms
- Fully renovated kitchen
- Fully renovated bathroom
- New gas stove, oven & built-in-microwave
- Re-polished timber floorboards
- Renovated laundry
- All windows re-varnished
- Reverse cycle air conditioning installed
- All light fittings updated
- Scandinavian wall heaters installed in both bedrooms
- Gutter guard installed outside roof
- Custom made front gate with lock
- Extensive landscaping over $6,000 worth
- Currently tenanted month by month at $640 per week
- Current tenant will consider signing a new 12 month lease at a higher rental amount.

EER: 2 stars approx.
Living: 94.28m2 approx.
Block: 697m2 approx.
Rates: 1,383.35 per quarter approx.
Land Tax: 2,461.33 approx.
Rental Appraisal: $650 to $700 per week.

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Property History for 16 Amaroo St, Reid, ACT 2612

A timeline of how this property has performed in the market
Last Sold
$1,350,000
18 Mar 2023
Listed for Rent
$630/w
10 Dec 2021
  • 18 Mar 2023
    Sold for $1,350,000
  • 23 Feb 2023
    Listed for Sale Contact Agent
  • 10 Dec 2021
    Listed for Rent $630 / week
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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 1,506 properties. Over the last 5 years, Houses in Reid have seen a 34.58% increase in median value, while Units have seen a 33.79% increase. As at 30 September 2024:

  • The median value for Houses in Reid is $2,119,429 while the median value for Units is $528,452.
  • Houses have a median rent of $640 while Units have a median rent of $585.
There are currently 14 properties listed for sale, and 6 properties listed for rent in Reid on OnTheHouse. According to CoreLogic's data, 39 properties were sold in the past 12 months in Reid.

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