OFF MARKET

49/43 Constitution Avenue
Reid ACT 2612

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 69m2
Land area: 2225m2
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Property Details for 49/43 Constitution Ave, Reid

49/43 Constitution Ave, Reid is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 2225m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
Unit
Year Built
2014
Floor Size
69m2
Land Size
2225m2
Local Government
Canberra Central
Lot/Plan
REID: Block 9, Section 33, Unit 49

Last Listing description (September 2023)

The Features You Want to Know!

- Unbeatable location
- Spacious 2-bedroom apartment

- Open plan living and dining
- Modern, galley style kitchen
- Stone benchtops with a waterfall edge
- Gas cooking and stainless-steel appliances
- Expansive courtyard ideal for entertaining
- Main bedroom with direct access to bathroom
- Both bedrooms have Built in Robes
- Floor to ceiling tiling in bathroom
- Huge walk-in shower
- North Facing
- Floor to ceiling windows to living and main bedroom
- Reverse cycle heating and cooling
- Ceiling fans to living area and main bedroom
- Intercom handset for visitor access
- Single car space in secure basement parking
- Lockable storage area

Why You Want to Live Here!

In a location that you will find hard to beat, welcome to 49/43 Constitution Avenue in Reid. Situated between Lake Burley Griffin and the CBD, leave the car in your underground parking space as you won't be needing it here.

Upon entrance to this beautiful two-bedroom apartment, you are greeted with a spacious, open plan living and dining area which seamlessly flows into an expansive, private courtyard. North facing, with floor to ceiling windows, natural light streams in all day long.

The ample kitchen features stone benchtops with a waterfall edge, ample storage, gas cooking and stainless-steel appliances. The perfect entertainer's kitchen in the perfect entertainer's apartment!

Accommodation is in the form of 2 spacious bedrooms, both with built in robes. The Master bedroom features floor to ceiling windows, direct access to the courtyard and bathroom and a ceiling fan.

This apartment presents a fantastic opportunity for investors, first home buyers and downsizers! In such a prime location, be sure to act fast as this one won't last long!

The Stats You Need to Know:

EER: 6 stars
Total living: 69m2
Alfresco: 35m2
Rates: $1,804 pa (approx.)
Land Tax (if rented): $2,127 pa (approx.)
Body Corporate: $1,216 pq (approx.)
Rental Appraisal: $550-580 per week

Property History for 49/43 Constitution Ave, Reid, ACT 2612

A timeline of how this property has performed in the market
Last Sold
$550,000
15 Jul 2022
Listed for Rent
$370/w
09 Aug 2015
  • 15 Jul 2022
    Sold for $550,000
  • 11 May 2022
    Listed for Sale Offers Over $549,000
  • 26 Oct 2020
    Transferred
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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.