OFF MARKET

83/14 Boolee Street
Reid ACT 2612

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 56m2
Land area: 10482m2
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Property Details for 83/14 Boolee St, Reid

83/14 Boolee St, Reid is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1994. The property has a land size of 10482m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in October 2019.

Building Type
Unit
Year Built
1994
Floor Size
56m2
Land Size
10482m2
Local Government
Canberra Central
Lot/Plan
REID: Block 4, Section 14, Unit 83

Last Listing description (October 2019)

Located in the heart of Canberra City with views over leafy Glebe Park. This superb one bedroom property situated on the second floor, is sure to tick all the right boxes for either investors or live in owners. Currently rented at $410.00 per week to a committed long term tenant, the sale price also includes all furniture.

The position is extremely convenient and you are within easy walking distance to all that Canberra City and Braddon have to offer, including cafes, restaurants, bars, nightlife and high end shopping at the many boutiques in the Canberra Centre ( just across the road.)


The complex includes a sparkling in ground pool plus tennis court.
You are also in close proximity to ANU, CIT and CSIRO. Do your sums and you will see what a fantastic investment opportunity this is.

Features:
-Spacious one bedroom apartment boasting excellent investment potential
-Tenanted at $410.00 per week ( with no agency fees )
-Fully furnished
-Inner city living
-Overlooks Glebe Park
-Well equipped kitchen with Bosch hotplates and oven
-Generous sized balcony with leafy outlook
-Secure upper level apartment
-Open plan living area including furniture in the sale price
-Low maintenance ceramic tiling through out the property
-Swimming pool and full sized tennis court available for tenants and owners
-Secure underground allocated parking space
-Ample visitor parking spaces
-Canberra City shopping and entertainment venues just across the road
-Public transport at your fingertips.

EER: 5
Body Corporate: $754.00 pq (approx.)
Land Tax: $489.00 pq (approx.)
Land Rates: $435.00 pq (approx.)

Property History for 83/14 Boolee St, Reid, ACT 2612

A timeline of how this property has performed in the market
Last Sold
$320,000
29 Oct 2019
Listed for Rent
$420/w
16 Oct 2018
  • 29 Oct 2019
    Sold for $320,000
  • 03 Oct 2019
    Listed for Sale $324,950
  • 05 Sep 2018
    Listed for Rent $410 / 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.

Suburb Insights for Reid 2612

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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.