48/1 Allambee Street, Reid, ACT 2612 sold on 30 October 2025 | OnTheHouse
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Sold on 30 Oct 2025 for $920,000

48/1 Allambee Street
Reid ACT 2612

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 113m2
Land area: 9301m2
Sold By
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HOME.BYHOLLY
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Property Details for 48/1 Allambee St, Reid

48/1 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 9301m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 3 bedroom Unit sold in Reid in the last 12 months.

Building Type
Unit
Year Built
1980
Floor Size
113m2
Land Size
9301m2
Local Government
Canberra Central
Lot/Plan
REID: Block 4, Section 8, Unit 10

Last Listing description (December 2025)

#soldbyholly $920,000

As you step from the whitewashed serenity of your immaculate home, you are struck by the tranquility and magic of the central gardens. Brick arches act like portals, framing the striking juxtaposition between the old and the new. Intricate patterns dapple the veranda, as the sun falls through the old-fashioned lacework of the balustrade and you can glimpse the modern city scape beyond the tumbled brick walls.

This beautifully renovated three-bedder in nestled within the magic pocket know as Argyle Square. Unique for its old growth gardens that read like central parklands and old- fashioned terrace house vibes, this boutique multi-res is steeped in feel good charm. Upright rows, low roof lines, wrought iron balconies and dormer windows reference the Victorian terrace house and there is quite the leafy immersion. Housed within historic Reid, close to Glebe Park and a few steps from the Canberra Centre the apartment delivers on well-connected living, steeped within a garden city resonance.

Double brick walls buffer noise, separating the bustle of the city from the sanctuary of inside.
Leadlight glass glows green and red in the sunlight and new carpet adorns the stairwell. No. 48 is housed on the second floor and opens to balconies at each end. Internal brick walls have been painted whisper white and new carpeting stretches warm underfoot. The ceilings are high and the proportions generous. The brand new kitchen, laundry and bathrooms introduce a luxe contemporary flair, enhancing the overall feeling of effortlessness.

The open living, dining extends to the north facing balcony, taking in treetops, sky and plenty of daylight. The romance of the electric fireplace is perfect for gathering, sharing a drink or two, on cool winter evenings and the dining space, connected openly to the kitchen, is the perfect arena for intimate dinner parties, relaxed family meals and new air conditioning completes this area.

We love the green tiled splashback, its delicate, textured patterning and the banks of white cabinetry providing a spot for everything. The appliances are from Bosch and the ceramic floors mimic natural wood. This signature theme is continued within the opulent bathrooms and laundry, creating a soothing and consistent design thread.

The master bedroom, with walk through robe and ensuite, opens to the rear balcony, with views to flowering camelias and the treetops of old Reid. Two more bedrooms, both framing leafy outlooks and one opening to balcony, centre around a family bathroom. Both bathrooms are awash in floor to ceiling marbled ceramic and the family bathroom delivers a relaxing, freestanding bathtub.

Established trees, decorative lampposts dot lush lawnsthe shared gardens both intimate and welcoming. Think time to self, nature bathing or gathering with family and friends for a drink or two before heading out into the city, by day or night.

The apartment is positioned on the cusp of the city, within Reid, alongside Braddon, close to Ainslie, and just a few steps from the Canberra Centre. Reid is known for its history, garden city vernacular, quality heritage homes, delightful pathways connecting green spaces and strong community vibe. This dynamic inner-north locale is synonymous with an array of the finest eating, dining, and entertainment options. The home is across the road from Gorman House Arts centres, close to the Canberra Theatre Centre, the ANU, CIT, Glebe Park and the walking and biking trails within Mt Ainslie reserve - all the best that central Canberra has to offer, is within easy reach. Handy to schools, colleges and with immediate access to transport, including the metro city station, connecting you to the whole of Canberra.

features.
.beautifully renovated three-bedroom apartment in historic Reid
.housed within Argyle Square
.two balconies at either end with elevated views
.combined kitchen, dining and living, opening to a long balcony
.easy-care ceramic timber look floors
.welcoming foyer
.new galley style kitchen with white cabinetry, gorgeous green tiled splash back, stone worktops and appliances from Bosch
.new carpets
.freshly painted
.new RC splits system to living area
.fireplace with electric fire
.linen closet
.master bedroom opening to a balcony, with walk-thru-robe and ensuite bathroom
.bedroom two opening to balcony with built-in-robe
.bedroom three with built-in-robe
.beautiful family bathroom with freestanding tub
.separate toilet
.both ensuite and family bathroom finished in floor-to-ceiling marbled tiling with large vanities and generous shower spaces
.one car garage with automatic door opener
.immaculately maintained common grounds
.late 1980's build
.central and highly desired Reid location opposite Gorman House, close to transport, Glebe Park, Civic, Lake Burley Griffin, Mount Ainslie, Lonsdale St Precinct, CIT and ANU.

FINE DETAILS (all approximate):

Living size: 114 m2 (approx.)

EER: 5.5

Build year: 1984

Strata
Admin fund: $976.74 p/q
Sinking fund: $643.50p/q
Total: $1620.24

Rates: $1571.00 pa
Land tax: $1693.00 (investors only)
UV: $204,750 (2025)

Number of units in complex: 21

Rental Opinion: $780 - $820 p/w

The information contained in this advertisement is derived from sources we deem reliable. However; we cannot provide any guarantees or warranties regarding the information supplied. Buyers are encouraged to conduct and rely exclusively on their own enquiries.

Property History for 48/1 Allambee St, Reid, ACT 2612

A timeline of how this property has performed in the market
Last Sold
$920,000
30 Oct 2025
Listed for Rent
$500/w
19 Sep 2016
  • 30 Oct 2025
    Sold for $920,000
  • 16 Oct 2025
    Listed for Sale $920,000
  • 03 May 2022
    Sold for $825,000
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About Reid 2612

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 1,814 properties. Over the last 5 years, Houses in Reid have seen a 15.01% increase in median value, while Units have seen a 10.39% increase. As at 31 December 2025:

  • The median value for Houses in Reid is $1,831,496 while the median value for Units is $536,056.
  • Houses have a median rent of $610 while Units have a median rent of $600.
There are currently 11 properties listed for sale, and 7 properties listed for rent in Reid on OnTheHouse. According to Cotality's data, 49 properties were sold in the past 12 months in Reid.

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.