64/1 Allambee StreetReid ACT 2612
Property Details for 64/1 Allambee St, Reid
64/1 Allambee St, Reid is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1985. The property has a floor size of 160m2.
Last Listing description (December 2019)
This competitively priced, 160m2 two level apartment is positioned in the highly regarded Argyle Square development. The Canberra Centre with its wide range of shopping and dining opportunities is just metres away. Take in a movie, go to the theatre or enjoy a picnic in Glebe Park; for a change of scene, try Mort and Lonsdale Streets hip cafes, bars and boutiques; walk to the CBD and ANU. The Russell Defence Precinct, Mount Ainslie, the lake and surrounding parklands are nearby.
Ideally suited to professionals and small families - the Ainslie Primary School and Campbell High are within walking distance - the light filled apartment is positioned on the end of the building and is blissfully quiet. All rooms and the balconies enjoy a leafy outlook over Argyle Square or Reid.
The size of the living/dining room is guaranteed to impress; there is ample space for formal dining on those special occasions and for relaxing with family and friends over drinks and a barbeque at weekends. Fitted with electrical appliances and good cupboard and bench space, the kitchen adjoins the family room opening to the rear balcony.
Bedrooms are positioned on the upper level; they have built in robes and storage and the main has a renovated, ensuite bathroom. There is further attic storage with access from the second bedroom. A single garage is included.
The apartment is vacant and waiting to welcome its new owner who will appreciate its privacy, light filled rooms and convenience. Alternatively, and for those with flare and imagination, its sale provides an opportunity to create a truly contemporary town residence to rival the best the City has to offer.
General Rates: $2,806.85 pa
Land Tax: $1,264.16 pa
Water & Sewerage Supply: $667.36 pa
Body Corporate Levies: $6,256.00 pa
Property History for 64/1 Allambee St, Reid, ACT 2612
- 30 Aug 2019Listed for Sale $750,000
- 21 Feb 2019Listed for Sale $795,000
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0About Reid 2612
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 1,816 properties. Over the last 5 years, Houses in Reid have seen a 5.17% increase in median value, while Units have seen a 5.92% increase. As at 31 May 2026:
- The median value for Houses in Reid is $2,093,774 while the median value for Units is $537,468.
- Houses have a median rent of $850 while Units have a median rent of $610.
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