308/83 Cooyong St, Reid is a 2 bedroom, 2 bathroom Unit with 1 parking spaces.
This apartment is a gem, conveniently located just across the road from the bustling city centre. You'll be at the heart of it all, with easy access to shopping, dining, and entertainment options. Positioned uniquely between the City Centre and vibrant Braddon, you'll have an array of choices for activities and dining options at your doorstep.
The apartment is part of a near-new complex, great for cash flow; offering contemporary living at low expense.
Features:
- Offered with vacant possession
- Double glazed throughout
- Great inclusions
- Perfect investment opportunity with tenants in place
- Electric cooking
- Reverse cycle split system for heating and cooling
- Beautiful floorboards
- Private layout with no neighbors to the front
- Designed with privacy in mind
- Rooftop pool, bbq & play area
Essentials:
Rent: $580 p.w.
Strata: $3,073 p.a. (approx)
Rates: $1,869 p.a. (approx)
Land Tax: $2,187 p.a. (approx) investors only
Indoor space: 68 sqm
Balcony: 9 sqm
Yeah built: 2022
EER: 6
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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