OFF MARKET

705/15 Cooyong Street
Reid ACT 2612

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Last updated 11 Nov 2024
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Property Details for 705/15 Cooyong St, Reid

705/15 Cooyong St, Reid is a 1 bedroom, 1 bathroom Unit with 1 parking spaces.

Building Type
Unit
Local Government
Canberra Central

Last Listing description (July 2021)

One of the few left, ready to move in soon. Quiet apartment with view a in the heart of city!
This beautiful brand-new development is the perfect location for a social butterfly. Living in the centre of everything you will not find a better apartment. This floor plan is sold out in the development, located on the doorstep of the ever-popular City precinct, with proximity to the vibrant & bustling streetscape filled with designer retail outlets & an array of delicious cafes, restaurants & bars.

This open plan 1 bedroom apartment is located on the 7th floor overlooks the building in front, with direct view otowards the mountains. It's in a prime location with only the penthouse apartment above.

Perfect for investment with high rental yield and low vacancy rate.
Features:
-North eastfacing with lots of natural lights;
- Bedroom with external windows and BIR;
- Full size kitchen with cook top and bar bench. High-end appliances including dishwasher, ceramic cook top, built in oven, duct out range hood etc;
- Private and quiet facing back to quiet street (not facing the main traffic);
- Engineered timber floors;
- Reverse cycle heating & cooling;
- Double glazed windows throughout;
- Floor to ceiling tiles bathrooms with wall hung vanities;
- lockable metal storage enclosure;

Rental Estimate: $500-$520 per week approx.
Body Corporate: $1,700/yr approx.
Council Rates: $1,400/yr approx.

Call Rita NOW on 0432 109 538 for more information.

Property History for 705/15 Cooyong St, Reid, ACT 2612

A timeline of how this property has performed in the market
  • 19 May 2021
    Listed for Sale $419,900

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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.