OFF MARKET

72/43 Constitution Avenue
Reid ACT 2612

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 66m2
Land area: 2225m2
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Property Details for 72/43 Constitution Ave, Reid

72/43 Constitution Ave, Reid is a 1 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 66m2. While the property is not currently for sale or for rent, it was last sold in December 2018.

Building Type
Unit
Year Built
2014
Floor Size
66m2
Land Size
2225m2
Local Government
Canberra Central
Lot/Plan
REID: Block 9, Section 33, Unit 72

Last Listing description (January 2019)

Live the City lifestyle amongst the true essence that is Canberra. Well positioned within a modern complex with a northerly aspect and Mount Ainslie as your back neighbour is this fabulous one-bedroom apartment in the heart of Canberra.
This light-filled abode truly is one of a kind with not only the northerly morning sunshine and very spacious floor plan, it also features non-standard extras such as bamboo floating flooring throughout the living area, in-built cabinetry in the living area, as well as it being a wheelchair friendly apartment with wide set doors and a very spacious bathroom and shower.
The kitchen hosts an abundance of cupboard space, a Smeg dishwasher, modern stainless steel appliances and a gas cook-top.

Flowing from the open and airy living area is the generous balcony with more space than some of the other apartments in the complex. There is also separate access to the balcony from the bedroom.
Primely located just finger tips from some of Canberra's most popular attractions such as Lake Burley Griffin where many iconic festivals and events take place, the CBD for all your shopping, eating out and employment needs, Black Mountain Tower, Botanical Gardens and more.
The list of weekend activities that could be had if you lived here is endless!
* Bamboo floating floor
* Modern kitchen with 4 burner gas cooking
* Smeg dishwasher
Reverse cycle heating & cooling
Double door linen cupboard
Combination washer & dryer
Built-in robe
Two-way bathroom
Floor to ceiling windows & sliding doors
* Spacious balcony
Light-filled home with northerly sunshine
Extra large single car space in secure underground car park
* Storage unit
* General Rates approx. $378 per quarter
* Body Corporate fees approx. $890 per quarter
* Water Rates approx. $162 per quarter
* Land Tax if investment approx. $462 per quarter
* Currently tenanted on a month to month basis at $440 pw
* Excellent tenant would be happy to sign a new lease.

Property History for 72/43 Constitution Ave, Reid, ACT 2612

A timeline of how this property has performed in the market
Last Sold
$408,000
11 Dec 2018
Listed for Rent
$395/w
20 Feb 2016
  • 11 Dec 2018
    Sold for $408,000
  • 31 Oct 2018
    Listed for Sale $419,000
  • 10 Feb 2016
    Listed for Rent $395 / week
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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.