OFF MARKET

8/3 Allambee Street
Reid ACT 2612

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 172m2
Land area: 5278m2
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Property Details for 8/3 Allambee St, Reid

8/3 Allambee St, Reid is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 5278m2 and floor size of 172m2. While the property is not currently for sale or for rent, it was last sold in July 2018.

Building Type
Unit
Year Built
1980
Floor Size
172m2
Land Size
5278m2
Local Government
Canberra Central
Lot/Plan
REID: Block 2, Section 8, Unit 8

Last Listing description (August 2018)

The sale of this charming character residence creates a rare opportunity for the discerning buyer to secure a renovated, 172m2, single level, ground floor apartment positioned in the iconic Argyle Square development and within easy walking distance of the City and Glebe Park. Braddon's hip Mort and Lonsdale Streets, the ANU, Mt Ainslie and great walking and cycling trails are near by.
Ground floor apartments of this size in low rise developments are tightly held and rarely available. No 8 features high ceilings, decorative cornices and ornamental ceiling roses. A wide entrance with spotted gum flooring gives way to three discrete living spaces, all opening to secluded courtyards, three bedrooms, two bathrooms, a conveniently positioned guest powder room, excellent internal/external storage and a garage with access to the rear courtyard.
Separate sitting and dining rooms are perfect for entertaining on those special occasions and for outdoor living in the larger north facing courtyard.The high quality, designer kitchen and adjoining family living space overlook the rear, walled courtyard; the kitchen has stone bench tops, Miele appliances and a butler's pantry. The adjoining, customised laundry with space for putting up the ironing board will be considered a bonus by many.

The minor bedrooms have fitted built in robes & are positioned opposite the stylish main bathroom. The main bedroom suite is quietly located at the end of the apartment and features a separate, fitted dressing room & ensuite bathroom.
The energy efficiency and liveablity of brick construction is further enhanced with double glazing, Luxaflex Vertiglide & Architella double cell blinds, Nobo & Daikin heating/cooling and LED lighting. The low maintenance garden includes an array of native and deciduous plantings and a time-controlled dribbler irrigation system. Renovated in 2010 this generous, single level, ground floor apartment is guaranteed to impress the most discerning buyer wanting to live within moments of the City.
General Rates: $2,688.28 pa
Land Tax: $4,246.50 pa (Payable if leased or vacant for long periods)
Water & Sewerage Supply: $612.00 pa
Body Corporate Levies: $2398.27 pq
Potential Rental: $850 - $950 pw

Property History for 8/3 Allambee St, Reid, ACT 2612

A timeline of how this property has performed in the market
Last Sold
$975,000
31 Jul 2018
  • 31 Jul 2018
    Sold for $975,000
  • 31 May 2018
    Listed for Sale $1,060,000
  • 24 Mar 2009
    Sold for $625,000
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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.