606/81 Cooyong St, Reid is a 2 bedroom, 1 bathroom Unit with 1 parking spaces.This Property is currently listed for sale with LJ Hooker Gungahlin
Discover this well-designed unit in a desirable city location, perfectly positioned for comfort, convenience and proven investment performance.
Priced at $495000, this well-presented property offers a spacious 71sqm layout ideal for singles, couples, or savvy investors.
The current owners have enjoyed excellent success operating this unit as a highly rated Airbnb and are happy to include all furnishings for a reasonable price, offering a genuine turnkey opportunity for anyone looking to establish a short-stay rental.
Inside, the property features a flexible one-bedroom layout with a generous study that can easily function as a second bedroom, offering adaptability for guests, work-from-home setups, or additional rental appeal.
The open-plan living area flows effortlessly and is enhanced by air conditioning for year-round comfort. The fully equipped kitchen-with dishwasher-adds ease to daily living and hosting. Enjoy an eastern-facing aspect with beautiful views of Mt Ainslie, filling the home with natural morning light and creating a peaceful backdrop throughout the day.
The main bedroom includes built-in robes, and the modern bathroom is thoughtfully designed for comfort and convenience. Step out onto the balcony for fresh air, or make use of the residents' lounge for entertaining. Secure garage parking provides peace of mind, complemented by an intercom system, broadband connection, a storage shed, and access to a sparkling inground pool for the warmer months.
Blending lifestyle appeal with impressive short-stay rental potential, this unit offers both a comfortable home and an exceptional investment opportunity in one of Canberra's most central and well-connected buildings.
- EER: 6.0
- Body Corporate: $950 p.q (approx.)
- Water: $215 p.q
- Rates: $2,183 p.a (approx.)
- Land Tax: $2,595 p.a (approx. only applicable when rented)
- Rental Appraisal: $600 - $650 per/wk
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 19.82% increase in median value, while Units have seen a 7.10% increase. As at 30 April 2026:
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