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421/81 Cooyong Street, Reid$420,000
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For Saleapartment

421/81 Cooyong Street

Reid, ACT 2612, Australia
$420,000
1 bed 1 bath 1 car

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About this property

Situated on the 4th floor of the stylish Metropol complex, this 1-bedroom apartment offers an outstanding opportunity for investors seeking a turnkey investment with tenants in place. With its edgy, modern design and premium inner-city location, offering everything a future tenant could need at their doorstep. Inside the apartment boasts a well-thought-out open-plan layout that maximizes space and natural light. The living and dining area flows seamlessly onto a private balcony, offering a perfect spot to relax or entertain while enjoying city or garden views. The sleek, modern kitchen comes fully equipped with premium stainless steel appliances, complemented by stone benchtops and ample cupboard space. The spacious bedroom features built-in wardrobes, providing generous storage while maintaining a minimalist aesthetic. With floor to ceiling double glazed windows you can enjoy a abundance of natural light, The designer bathroom showcases modern fixtures, a large shower, and elegant finishes, creating a sense of luxury and style. Metropol offers residents access to exceptional communal amenities, including a rooftop spa, chef's kitchen, and relaxation areas, making it a highly sought-after address in Canberra. Just steps from Canberra Centre, Glebe Park, and major transport hubs, this property is perfectly positioned for those who want the best of city living. Ideal for investors or first-home buyers, this apartment offers a lifestyle of convenience and luxury, with secure tenancies already in place for a worry-free experience. - Modern one bedroom apartment - Open-plan living space with contemporary finishes - Hybrid timber flooring though living - Master with build in robes - Kitchen with stone benchtops & SMEG appliances - Floor to ceiling double glazed windows throughout - Private balcony enclosed from the elements - Secure basement carpark & storage cage - European laundry - Internal living 49m2 approx - Balcony 11m2 approx - Building 1 Level 4 - Outlook forwards - Body corporate managers- Grady's Strata & Facilities - Body corporate $492 approx a quarter - Sinking fund $75 approx a quarter - Rates $445 approx. a quarter - Land tax (if rented) $535 approx. a quarter - Currently rented $580 per week - 6.7% gross rental return - South facing - EER 6 Complex faculties Private rooftop garden Heated rooftop pool Spa & relaxation room Chef's kitchen Rooftop viewing terraces Secure building access with intercom

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Parking
1
Listed
3 months ago

Repayment calculator

$2,036/month
$1,018 /fortnight
Loan $336,000 at 6.10% over 30 years

Upfront costs

Deposit$84,000
Stamp duty$6,234
Conveyancing (est.)$2,000
Total upfront$92,234
Verify with ACT revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Reid

This 1-bedroom apartment in Reid, ACT 2612 sits within reach of public transport, local shops local amenities. It is listed 20% below the $525,000 median of 77 comparable apartmentswithin 5 km.

What's nearby

  • Canberra Centre City (bus)96 m away
  • Uniqlo184 m away
  • Glebe Park306 m away
  • Unnamed386 m away
  • Unnamed392 m away

Reid at a glance

Full suburb profile
Population
1,544
Median age
40
Household income
$2,272/wk
Median rent
$430/wk
Median mortgage
$2,300/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Reid price trend

Median sold · Unit 1 bed

Compound growth -0.8% / yr over 4 yrs

$438kcurrent median

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Price history

Price history

Listing price changes

1 price change recorded for this property

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