OFF MARKET

75/43 Constitution Avenue
Reid ACT 2612

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 63m2
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Property Details for 75/43 Constitution Ave, Reid

75/43 Constitution Ave, Reid is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
Unit
Year Built
2014
Floor Size
63m2
Local Government
Canberra Central
Lot/Plan
REID: Block 9, Section 33, Unit 75

Last Listing description (October 2023)

Inspection by appointment only

Situated in the heart of Canberra and enjoying views all the way to the iconic Parliament house, this modern and bright one-bedroom apartment offers low-maintenance living close to all amenities and is perfect for professionals looking for convenience to work and a lock and leave lifestyle or investors wanting a property in an excellent position.

The layout comprises one bedroom with a built-in robe, an immaculate ensuite with floor-to-ceiling tiling, and a generous open-plan living, dining, and kitchen area. Full-length wall-to-wall windows in both the bedroom and living area allow you to take in the expansive views, and both flow seamlessly onto the balcony, creating an ideal space for relaxing evenings or entertaining friends.

Comfortable and functional, the apartment features ducted heating and cooling, ceiling fans, window furnishings, and a large linen closet for added convenience. The stone-topped kitchen is fully equipped to meet all your cooking needs with a full-length pantry, gas cooktop, electric oven, dishwasher, and washing machine. A single secure basement car space and intercom entry give you peace of mind.

The central location offers easy walking distance to the city centre, cafes and dining, Commonwealth Park and the Lake, public transport, and the proposed University of NSW campus (expected to be completed in 2025).

With minimal maintenance required and its attractive rental potential (currently rented at $550 per week until February 2024), this property is an excellent live-in or investment opportunity. Don't miss your chance to secure an apartment that is the perfect blend of contemporary comfort and city convenience. Contact us today to arrange a viewing.

Auction Details - This home will be auctioned in rooms at Ray White Canberra Auction House at 2/14 Wales Street Belconnen on Thursday 6th September 2023 at 5.00pm - Unless sold prior to.

Features -

? Modern, centrally located one-bedroom apartment
? Expansive city views towards Parliament House
? Open-plan living, dining, & kitchen area with balcony
? Bedroom with BIR, fully-tiled ensuite, balcony access
? Fully equipped kitchen with stone benches and pantry
? Ducted heating & cooling + ceiling fans for comfort
? Single car space and secure intercom & lift entry
? Central location, walk to buses, cafes, and dining
? 5-minute drive to Canberra Centre and city attractions
? Perfect for single individuals, couples, or investors
? Currently rented at $550 per week until February 2024
? Low-maintenance living in a fantastic Reid location

? Rates approx: $443 pq
? Body corp approx: $1,096 pq
? Built 2014 approx

Property History for 75/43 Constitution Ave, Reid, ACT 2612

A timeline of how this property has performed in the market
Last Sold
$493,000
24 Oct 2023
Listed for Rent
$550/w
06 Feb 2023
  • 24 Oct 2023
    Sold for $493,000
  • 17 Aug 2023
    Listed for Sale By Negotiation
  • 27 Oct 2022
    Listed for Rent $550 / 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 1,510 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.