OFF MARKET

75/318 Cooyong Street
Reid ACT 2612

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 75/318 Cooyong St, Reid

75/318 Cooyong St, Reid is a 1 bedroom, 1 bathroom Unit with 1 parking spaces.

Building Type
Unit
Local Government
Canberra Central

Last Listing description (April 2021)

Metropol places you at the epicentre of one of Canberra's most vibrant dining, entertainment, and retail precincts. Discover the eclectic selection of cafes, bars, and restaurants, together with the Dendy cinemas and world-class fashion offerings of Civic.

Amenities offered by Metropol include the exclusive Private Spa & Relaxation room with a spa, sauna and associated lounge areas allowing residents to escape the realities of everyday life and unwind.

Standing alongside two other Metropol towers, these three buildings are all connected via large outdoor courtyards and provide a dream opportunity for first home buyers and investors alike. This chic one bedroom apartment is sited within the "Tryst" building.

- 3rd floor one bedroom apartment offering exquisite living
- Sunny 50sqm open plan design, 8sqm entertaining terrace
- Uninterrupted views over Glebe Park and to Mount Ainslie
- Chic kitchen, gas cooktop, 20mm stone, SMEG appliances
- Quality flooring, designer tapware
- Engineered timber flooring
- Double glazed windows, abundance of natural light, E.E.R. 6.6
- Custom bathroom with full height tiling
- Reverse cycle air-conditioning (heating and cooling)
- Host of onsite amenities
- Ultra convenient location, footsteps to Glebe Park and Canberra CBD
- Secure single car accommodation
- Approx. rental estimate $450 - $470 per week
- Completion due mid-late 2021
- First Year Body Corporate Estimate: $2,493.35 (approx.)
- Property is known as unit 75 with Door number 318 "Tryst" Reid

Metropol Development features:
Stunning rooftop viewing and entertaining areas
Private spa/sauna relaxation room bookable for an unforgettable escape
Exclusive chef's kitchen and dining room
Convenient amenities such as bike hub, car wash and concierge
Private underground parking
Lift access

Property History for 75/318 Cooyong St, Reid, ACT 2612

A timeline of how this property has performed in the market
  • 03 Mar 2021
    Listed for Sale $419,000+

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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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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.