OFF MARKET

905/15 Cooyong St
Reid ACT 2612

Bedrooms: 2
Bathrooms: 2
Car spaces: -
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Property Details for 905/15 Cooyong St, Reid

905/15 Cooyong St, Reid is a 2 bedroom, 2 bathroom Unit.

Building Type
Unit
Local Government
Canberra Central

Last Listing description (April 2022)

Searching for a brand new home in the heart of the Canberra CBD packed with stunning features and amenities? Or are you a savvy investor always looking for a great opportunity to grow your portfolio with a low maintenance property? This large 2-bedroom unit high up on level 9 in Geocons' Metropol project may be what you're looking for.

Take advantage of all Metropol has to offer including engineered timber floors, double glazed windows, r/c heating & cooling, rooftop viewing & entertainment areas and so much more while being only a road crossing to Glebe park or the Civic Centre and minutes to access ANU and all of Canberra's best restaurants, bars & cafes.


Investors rejoice with 0.5% vacancy rate across Canberra and the highest rent return in the country you will have no issues finding and keeping long term tenants in this low maintenance apartment perfect for professional couples, students, downsizers and young families.

With limited units left and even fewer corner 2 bedroom units on level 9 overlooking the lake taking full advantage of the Canberra skyline don't hesitate call Milo today for more information and secure your future home or investment.

KEY FEATURES

- Stunning colour schemes
- Energy efficient LED lighting throughout
- Reverse cycle air-conditioning
- Stone benchtops
- Double glazed windows
- Full height bathroom and ensuite tiling
- Dryer to laundry
- Rooftop gardens, alfresco dining, residents' kitchen, pools and kids play area

Location:

• Views of Mt Ainslie, the CBD and iconic Glebe Park
1 min walk to Canberra Centre
6 min walk to Braddon restaurants, cafes and bars
7 min walk to Light Rail City Stop
8 min walk to Lake Burley Griffin
10 min walk to Australian National University
12 min drive to Canberra Domestic & International Airport

Why invest:

• 0.5% vacancy rate across Canberra
Lowest stamp duty anywhere in Australia.
Highest rents in Australia
Highest economic growth in Australia
$3 billion in committed to infrastructure improvements in the Canberra region through to 2022

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Property History for 905/15 Cooyong St, Reid, ACT 2612

A timeline of how this property has performed in the market
  • 06 Aug 2019
    Listed for Sale $650,000

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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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