40/14 Boolee St, Reid is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1994. The property has a land size of 10482m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in March 2017.
This large apartment, just a few minutes' walk from the Canberra Centre, has been managed as very successful short-term accommodation & now calls for a new owner eager either to take advantage of the location by living in the middle of everything or to keep it as an investment.
Its present owner, being interstate &wanting to free up his time by offloading his investment portfolio in Canberra, is a great opportunity for someone to step in & enjoy this well-managed property.
Come & have a chat to us to find out how you could maximise this opportunity.
Swimming pool
Tennis court
Fully furnished
Mirrored built-in robes
Spa bath
East-west cross-ventilation
Floating timber & tiles throughout
Quiet & private
2 balconies
The size of Reid is approximately 1.0 square kilometres. It has 7 parks covering nearly 16.5% of 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 1,815 properties. Over the last 5 years, Houses in Reid have seen a 35.20% increase in median value, while Units have seen a 12.08% increase. As at 28 February 2026:
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