OFF MARKET

432/81-83 Cooyong Street
Reid ACT 2612

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Property Details for 432/81-83 Cooyong St, Reid

432/81-83 Cooyong St, Reid is a 1 bedroom, 1 bathroom Unit.

Building Type
Unit
Local Government
Canberra Central
Lot/Plan
REID: Block 4, Section 7, Unit 141

Last Listing description (November 2024)

Overlooking Ainslie Avenue in the heart of the City, this new, north facing apartment is bright and showcases quality finishes. Fabulous amenities for residents include two pools, a playground and entertaining facilities in a lounge and a fabulous roof-top garden, which offers the best views anywhere to Mt. Ainslie, and a panoramic outlook over the City to Black Mountain and the Brindabellas. Glebe Park is located a short distance along the street.

A wide hallway leads to the inviting apartment, situated in an elevated position on the fourth and top floor in this part of the Metropol 1 building.

Open plan living has a spacious feel and offers treetop views over the nature strip from the full length, double glazed windows and doors to the covered balcony. LED downlighting features throughout and block-out blinds are installed.

The roomy kitchen showcases a stone benchtop and a Smeg induction cooktop, oven and dishwasher, and a good amount of storage.

Enjoying the north aspect, the covered balcony is a relaxing spot to enjoy all year round.

A reverse cycle air conditioner ensures comfort, although the temperature remains stable much of the time.

The carpeted bedroom is spacious and features a wall of built-in robes and a door onto the balcony, while the secure position on the fourth floor allows this to be left open if desired.

High end finishes feature in the bathroom including full tiling and a stone vanity top.

Opposite the bathroom there is a Euro laundry which includes a sink and dryer.

Secure underground parking is in an allocated spot with an adjacent lock-up shed, and there is a communal bike locker.

Located in various rooftop places, there are well appointed entertaining facilities. These include a bookable dining room with a full kitchen and table setting for ten, overlooking a plunge pool. Adjacent is a bathroom and there is a lounge which enjoys views over the City.

A second plunge pool and a playground are located in another building, while a fabulous roof-top garden with covered tables, four barbeques and a bathroom offers the perfect setting for summer entertaining, while enjoying the views to Mt. Ainslie.

A well located apartment offering the best of urban living, with an exciting choice of City restaurants and shopping right on the doorstep!

Features:

- As-new, north facing apartment overlooking Ainslie Avenue, in the heart of the City
- Elevated position on 4th floor, which is the top floor in this part of Metropol 1 building
- Open plan living has a spacious feel and treetop outlook over the nature strip
- Double glazed windows and doors to the covered balcony
- Reverse cycle air conditioner
- Stylish kitchen showcases a stone benchtop and a Smeg induction cooktop, oven and dishwasher, and a good amount of storage
- Balcony has a north aspect, lights and power, a relaxing spot to enjoy year round
- Large bedroom offers a wall of built-in robes, quality carpet and a door to the balcony
- Bathroom features high-end finishes with full tiling and wall mounted, stone vanity top
- Euro laundry has a sink and a dryer
- NBN
- Secure entry to building with camera connection to front door entry
- Allocated, secure parking space with a lock-up shed, and a communal bike locker
- A choice of well appointed entertaining facilities in various rooftop locations
- Bookable dining room with a full kitchen and setting for ten overlooking a plunge pool, an adjacent bathroom and a roomy lounge with views over the City
- Playground and a second swimming pool
- Impressive, roof-top garden with covered tables, four barbeques and a bathroom, with amazing views over Mt. Ainslie
- Just steps to Glebe Park across the street
- Choice of all City and Braddon restaurants, and shopping on the doorstep

Particulars:

- Rates approx. $458.00 per quarter
- Land tax approx. $571.00 per quarter
- Body corporate/sinking fund approx. $671.00 per quarter

Property History for 432/81-83 Cooyong St, Reid, ACT 2612

A timeline of how this property has performed in the market
  • 27 Aug 2024
    Listed for Sale $425,000+

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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.

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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.