OFF MARKET

331/81-83 Cooyong Street
Reid ACT 2612

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 331/81-83 Cooyong St, Reid

331/81-83 Cooyong St, Reid is a 1 bedroom, 1 bathroom Unit with 1 parking spaces.

Building Type
Unit
Local Government
Canberra Central
Lot/Plan
REID: Block 4, Section 7, Unit 105

Last Listing description (November 2024)

Discover the perfect blend of comfort and convenience with this affordably priced unit located on Cooyong Street in the sought-after suburb of Reid. Built in 2020, this modern residence offers a sleek and contemporary design that is ideal for first-time buyers or those looking to downsize without sacrificing quality. With one bedroom and one bathroom, this unit provides a cozy yet functional living space.

The feeling of this open plan living, dining and kitchen is one of opulence. Consisting of dark tones brass fixtures and fittings, offset by the light contrast of the wide plank hybrid flooring. The well appointed kitchen enjoys a sleek and modern design. Relax and unwind on your private balcony where you can enjoy a nice glass of wine or morning coffee with city views.

Situated in the heart of Reid, you'll enjoy easy access to Canberra's vibrant city center, just a short stroll away. The nearby Glebe Park offers a serene escape for leisurely walks and outdoor activities. For those who value education and community, Reid is home to several reputable schools, making it an excellent choice for young professionals and students alike.

Don't miss out on this exceptional opportunity to own an affordable piece of real estate in one of Canberra's most desirable suburbs. Act now and secure your future in this fantastic location. Contact us today to learn more about how you can make this unit your new home!

Key features

- 3rd floor position with outlook.
- Double glazing throughout.
- Quality kitchen with stone work tops, SMEG appliances including dishwasher
- The bathroom is light & fresh with quality fixtures and fittings.
- Euro laundry is a great space saver.
- Reverse cycle air conditioning.
- Private Balcony.
- Wide plank hybrid flooring.
- Secure intercom entry to the building.
- Secure basement parking & storage.

Property Size: Internal living 55m2, 8m2 Balcony (approx.).
Property Address: 331/81-83 Cooyong Street, Reid.
Strata Fees: $695 per quarter (approx.)
Rates: $477 per quarter (approx.)
Land Tax (if rented): $594 (approx.)
Current rental appraisal: $480 - $520 per week (approx.)
EER: 6.0 stars

(All measurements, amounts and values are approximate and not to be relied upon. Buyers to make their own enquiries.)

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Property History for 331/81-83 Cooyong St, Reid, ACT 2612

A timeline of how this property has performed in the market
  • 30 Sep 2024
    Listed for Sale $450,000+

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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 1,510 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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