OFF MARKET

18/43 Constitution Avenue
Reid ACT 2612

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
Land area: 2225m2
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Property Details for 18/43 Constitution Ave, Reid

18/43 Constitution Ave, Reid is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 2225m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
Unit
Year Built
2014
Floor Size
58m2
Land Size
2225m2
Local Government
Canberra Central
Lot/Plan
REID: Block 9, Section 33, Unit 18

Last Listing description (September 2021)

Designed by award-winning Phillip Cox Architecture and built by a highly regarded Hindmarsh Group the Jamieson development presents the epitome of a luxurious urban lifestyle right in the heart of the city. Set on the 5th floor and featuring views of the Lake Burley Griffin, Telstra Tower and Parliament House this residence truly stands out among other one-bedroom offerings in the City and Reid.

This generously proportioned apartment offers 63m2 (approx.) of living and features a light-filled open-plan living area connecting to a balcony and the bedroom. Accommodation is one sizeable bedroom with ensuite access and built-in robe with mirrored sliding doors. The kitchen appointments include stone benchtops, gas-cooking, stainless-steel appliances and ample storage. The bathroom features full-height tiling, floating vanity and built-in shaving cabinetry. Additional features include ducted heating and cooling, ceiling fans and floor-to-ceiling double glazed windows.

This residence is well-suited to professionals looking for an inner-City location to call home, or investors looking for exceptional rental returns. The location could not be better, only moments away from numerous shopping, dining and entertainment options in the City, Braddon and the Campbell 5 precinct. Do not miss an opportunity to secure a cosmopolitan lifestyle in one of Canberra's most distinctive residential buildings.

Features

- Light-filled open floor plan facing onto Constitution Avenue
- Fridge, sofa bed, washing machine and dining table included
- Double glazed windows
- Reverse cycle ducted air conditioning ad ceiling fans
- Stone benchtop and soft-close cabinetry in the kitchen
- 4-burner gas cooktop and quality stainless steel appliances
- Quality carpeting in the living and bedroom, tiled wet areas
- LED lighting
- Full height tiling in the bathroom
- Built-in robe in the bedroom with mirrored sliding doors
- Lift access and visitor intercom
- Private underground parking and storage
- Access to the residents' viewing deck

Key figures

- 63m2 living plus 10m2 balcony (approx.)
- Rental potential: $130 per night as AirBnB, $560 per week as a furnished rental, $510 per week as an unfurnished rental
- Rates $403 p/q (approx)
- Land tax $440 p/q (approx)
- Body corporate $800 p/q (approx)
- EER: 6

Property History for 18/43 Constitution Ave, Reid, ACT 2612

A timeline of how this property has performed in the market
Last Sold
$455,000
28 Sep 2021
Listed for Rent
$420/w
24 Mar 2017
  • 28 Sep 2021
    Sold for $455,000
  • 05 Jul 2021
    Listed for Sale Offers over $449,000
  • 10 Mar 2017
    Listed for Rent $420 / 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 1,509 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 14 properties listed for sale, and 5 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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Disclaimer
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.