120/83 Cooyong St, Reid is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2021. The property has a floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
The Metropol
A one-bedroom city chic apartment is now available to purchase as a standout investment with the current tenants vacating February 2024 currently paying $500 per week. Makes perfect cents as an investment.
If you're currently looking to invest, then here is an excellent opportunity to have an investment at the very doorstep to Canberra city itself. A modern level one chic opportunity with a balcony looking out towards glebe park.
With all the modern conveniences in a building that is only two years old at your fingers tips whilst being just across Cooyong Street from the retail and commercial hub hearts of Canberra, it will tick all the boxes for both live in buyers/investors here.
With 2023 just started, here is an excellent opportunity for those people moving both within Canberra and to Canberra be it for lifestyle, work, or University needs.
The current owners have said goodbye to this investment which gives the new owners the opportunity for this chic apartment. Priced realistically to meet the current market, we are taking private viewing requests.
Features Include:
One bedroom 53 sqm level one apartment, with 9sqm balcony
Walk through robe to bathroom
Engineered timber like floor and carpet
Modern appliances and architectural interiors
Security building, one car space
Security building video com
Lift access
Double glazing floor to ceiling
Reverse cycle heating and cooling
Open plan kitchen living
12 month lease in place at $500 per week
Outgoings & Property Information:
Living size: 53 sqm
Rates: $1,748 per annum
Body corporate fees: $2,213.25 per annum
Land tax (if rented): $2,068 per annum
Rent: $500 per week
Year Built: 2021
EER: 6.0
Disclaimer:
Whilst we take all due care in gathering details regarding our properties either for sale or lease, we accept no responsibility for any inaccuracies herein. All parties/applicants should rely on their own research to confirm any information provided.
The size of Reid is approximately 1.0 square kilometres. There are 7 parks, covering nearly 16.5% of the total area. The population of Reid in 2016 was 1636 people. By 2021 the population was 1544 showing a population decline of 5.6% 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 $1800 - $2399 per month on mortgage repayments. In general, people in Reid work in a professional occupation.In 2021, 51.90% of the homes in Reid were owner-occupied compared with 38.20% in 2016.
Reid has 1,821 properties. Over the last 5 years, Houses in Reid have seen a 0.16% increase in median value, while Units have seen a 1.52% increase. As at 31 July 2026:
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