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.
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 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:
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