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605/1 Boolee Street

Reid, ACT 2612, Australia
$699,000
2 bed 2 bath 2 car88m²

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Area Price Guide
$657,060$740,940

Indicative price guide range

🏘️
67
Comparable
📊
$599,000
Area median
⚖️
+17%
vs median
📐
$7,943
Per m²
📏
88 m²
Land
🗓️
1 month ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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About this property

Set within the Metropol Development, 605/1 Boolee Street presents a compelling opportunity in one of Canberra's most established city addresses. With 88m² of internal living area, this contemporary two-bedroom, two-bathroom apartment with two car spaces delivers a balance of style, comfort, and long-term confidence. Positioned on the sixth floor, the home captures south-west views and warm afternoon sun, enhancing the sense of space and light throughout. The open-plan layout is complemented by quality stainless-steel appliances, excellent storage, and thoughtful finishes designed for effortless everyday living. Located in the heart of the City, the apartment sits just moments from the Canberra Centre, acclaimed dining, and a full suite of lifestyle amenities, making it equally attractive as a refined city base or a low-maintenance, high-performing asset. With a strong rental return of $740 per week currently in place until late 2028 and a prime blue-chip location underpinning long-term demand, this is a property that offers stability, flexibility, and enduring value, whether you are securing a city residence or adding a quality holding to your portfolio. Key Figures: 88m² of internal living 8m² of balcony space EER of 5.5 stars South-east orientation Rental income of $740 per week until 26/08/2028 General Rates: $2,403.40 approx. per annum* Body Corporate Fees: $6,287.20 approx. per annum* Land Tax: $2,936.48 approx. per annum* Features: Located on level 6 Stunning Glebe Park and City views Secure basement carparking Stunning contrasting colour scheme Energy efficient LED lighting throughout Reverse cycle air-conditioning Stone benchtops Double glazed windows Full height bathroom tiling Washing machine and dryer included in European laundry Amenities include rooftop gardens, alfresco dining, residents' kitchen, pools and kids play area Location: Directly opposite the Canberra Centre, a minutes' walk away A short stroll to the bustling food, drinks and nightlife precinct in Braddon A short walk to Government Departments such as the Australian Taxation Office, Department of Industry, Science and Resources, Department of Foreign Affairs and Trade and many more Close proximity to stage one of Canberra's light rail and other public transport 8-minute walk to Lake Burley Griffin Disclaimer: The material and information contained within this marketing is for general information purposes only. AM Property Agency does not accept responsibility and disclaims all liabilities regarding any errors or inaccuracies contained in the above copywrite. We strongly encourage interested parties to make their own independent enquiries. Interested parties should not rely upon this material as a basis for making any formal decisions.

Property Features

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    Repayment calculator

    $3,389/month
    $1,694 /fortnight
    Loan $559,200 at 6.10% over 30 years

    Upfront costs

    Deposit$139,800
    Stamp duty$17,551
    Conveyancing (est.)$2,000
    Total upfront$159,351
    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.

    Property Details

    Property Type
    apartment
    Listing Type
    For Sale
    Bedrooms
    2
    Bathrooms
    2
    Parking
    2
    Land Area
    88m²
    Listed
    1 month ago

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