OFF MARKET

318/81-83 Cooyong Street
Reid ACT 2612

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
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Last updated 11 Nov 2024
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Property Details for 318/81-83 Cooyong St, Reid

318/81-83 Cooyong St, Reid is a 2 bedroom, 2 bathroom Unit with 2 parking spaces.

Building Type
Unit
Local Government
Canberra Central
Lot/Plan
REID: Block 4, Section 7, Unit 92

Last Listing description (March 2024)

Experience the excitement of city living in this unique and extraordinary apartment situated in the vibrant heart of the City Center. Nestled in the iconic "Metropol" Complex, this residence is the perfect combination of convenience and upscale living.

Step into a world of spacious elegance with large living and dining areas, illuminated by natural light streaming through floor-to-ceiling windows. A generous balcony extends your living space, offering a serene setting for social gatherings or peaceful relaxation. The master suite features a walk-in robe and exclusive access to a second balcony, adding an extra touch of privacy and luxury.

The apartment's open-plan kitchen is a culinary masterpiece, showcasing a contemporary color palette, elegant stone countertops, and state-of-the-art SMEG stainless steel appliances. Both the bathroom and ensuite are exquisitely appointed with full-height tiling and premium brushed gold fixtures.

Located directly opposite the Canberra Center, "Metropol" offers residents a prime location with easy access to restaurants, cafes, shops, medical centers, and public transportation, as well as the Australia National University. The complex features luxury amenities including a rooftop sky-garden and BBQ area, resident lounge with swimming pool.

This is a rare opportunity for down-sizer, first home buyers, and investors! Contact us for more information and confirm your appointment today!

Features:

Premium City Center location with Canberra Center locate downstairs
Living 72 m2 + balcony 12 m2
Double glazed windows and sliding doors
Walk-in robe and private balcony in Master
Open plan living dining area
Modern and stylish Color Scheme
SMEG Stainless Steel Appliance
Stone Bench top
R/C Air condition
European-style laundry including dryer
Engineered Timber Floor
Full height tiles in bathroom
Floating Vanity
Video Intercom
Push doors and soft close drawers
Secure car parks with storage unit
Luxury Resident Lounge with swimming pool
Rooftop Sky-garden
Bicycle Hub

Particulars (all approx.)
Year Built: 2021
Rent Estimate: $700/week
Strata: $834/quarter
Rates: $488/quarter
EER: 6.0

DISCLAIMER
We have obtained all information provided here from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations and satisfy themselves of all aspects of such information including without limitation, any income, rentals, dimensions, areas, zoning and permits. Any figures and information contained in this advertisement are approximate and a guide only and should not be relied upon for financial purposes or taken as advice of any nature. Individuals, Self-Managed Super Funds, companies, anyone or entity, should make their own inquires and seek their own advice and rely only upon those inquiries and advice.

Archer does not guarantee the accuracy of the information above and are not financial advisers or accountants and do not provide any of the above information as advice of any nature.

Property History for 318/81-83 Cooyong St, Reid, ACT 2612

A timeline of how this property has performed in the market
  • 17 Jan 2024
    Listed for Sale $625,000+
  • 01 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 1,510 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:

  • 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 7 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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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.