OFF MARKET

32/1 Allambee Street
Reid ACT 2612

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 192m2
Land area: 4649m2
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Property Details for 32/1 Allambee St, Reid

32/1 Allambee St, Reid is a 4 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1981. The property has a land size of 4649m2 and floor size of 192m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
Unit
Year Built
1981
Floor Size
192m2
Land Size
4649m2
Local Government
Canberra Central
Lot/Plan
REID: Block 4, Section 8, Unit 15

Last Listing description (June 2021)

Superbly located with in easy, level walking distance of the Canberra Centre, Glebe Park and the Canberra Theatre, this tri level town residence could not be more convenient. The Russell Defence Precinct, the ANU, the lake and its surrounding parklands, and Mt Ainslie's walking and riding trails are nearby.

Positioned to overlook Argyle Square's renowned central gardens, and to the rear, the sheltered, walled courtyard with access to Ainslie Avenue and the bus stop.

The 195m2 of versatile living space is spread over three levels and features an unexpected and surprising amount of storage. Two discrete living rooms, a modern kitchen with quality appliances, and a separate laundry occupy the ground level ; the smaller, north facing living room has access to the sunny courtyard, an ideal space for out door living, entertaining or simply relaxing in the sunshine.

Minor bedrooms and the main bathroom are on level two; the walk in robe of bedroom three has been converted to a study nook and the room has access to the north facing, sun filled, enclosed balcony - think artist's studio, hobby room or as it was in a previous life, a work shop. The other two rooms have walk in and built in robes and open to the balcony overlooking the cool gardens below. On a hot summer's evening there is no better place to sit and enjoy a cool pre dinner drink.

Many may be surprised by the size of the main bedroom suite on the third level; it has high ceilings an ensuite bathroom, a walk in robe, and a charming window seat.

Electric heating is enhanced by double roof insulation and double glazing to the north windows on levels two and three. Customised sliding doors provide access to storage space under the eaves on the two upper levels and there is an additional walk in storage area on level three.

A single garage with auto door and excellent attic storage is included.

General Rates: $ 3,009.49 pa
Water & Sewerage Supply: $667.36 pa

BC Levies: $7,223.92 pa

Potential Rental: $ pw

Property History for 32/1 Allambee St, Reid, ACT 2612

A timeline of how this property has performed in the market
Last Sold
$1,130,000
26 Jun 2021
  • 26 Jun 2021
    Sold for $1,130,000
  • 04 Jun 2021
    Listed for Sale Auction
  • 19 Jan 1999
    Sold for $307,000
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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, 38 properties were sold in the past 12 months in Reid.

Suburb Insights for Reid 2612

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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.