706/81 Cooyong St, Reid is a 2 bedroom, 1 bathroom Unit. The property has a floor size of 62m2.
Positioned in a highly sought-after central location, this beautifully presented 71sqm apartment delivers an impressive combination of lifestyle convenience, flexible living and proven investment appeal. Priced at $479,000, it is an ideal opportunity for first-home buyers, professionals, couples or investors seeking a property with genuine versatility.
One of the standout features is the generous study, which provides plenty of flexibility and can easily be utilised as a second bedroom. Whether you need a dedicated home office, guest accommodation or additional sleeping space, this adaptable floorplan offers options to suit a variety of lifestyles.
The light-filled open-plan living and dining area creates a welcoming central hub, with air conditioning providing year-round comfort. The well-equipped kitchen includes a dishwasher and offers everything required for easy day-to-day living or entertaining. Positioned to capture the eastern aspect, the apartment enjoys beautiful views towards Mt Ainslie, with natural morning light adding to the sense of space and warmth.
The spacious main bedroom is complete with built-in robes, while the modern bathroom is both practical and stylish. Step outside onto the private balcony to enjoy the outlook and fresh air, or take advantage of the residents' lounge when entertaining friends and family.
Practicality is well catered for with secure garage parking, intercom access, broadband connection and a dedicated storage shed. Residents also enjoy access to a sparkling inground pool, providing the perfect place to unwind during Canberra's warmer months.
For investors, the opportunity is particularly compelling. The current owners have enjoyed excellent results operating the property as a highly rated Airbnb and are willing to include all furnishings for a reasonable additional price. This creates a genuine turnkey opportunity for anyone looking to continue with a short-stay strategy.
Combining a flexible floorplan, beautiful Mt Ainslie outlook, strong natural light and proven short-stay performance, this is a property that offers far more than meets the eye. Whether you're looking for a centrally located home or an investment with an established track record, this apartment deserves your attention.
The perks:
Sweeping views from your bedroom
Great rental opportunity
Modern features
Bedroom sized private study
The numbers:
- 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)
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 1,822 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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