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710/81 Cooyong Street, Reid$489,000
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710/81 Cooyong Street

Reid, ACT 2612, Australia
$489,000
1 bed 1 bath 1 car50 m²

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About this property

Welcome to 710/81 Cooyong Street, Reid - a beautifully designed one-bedroom apartment offering an exceptional combination of natural light, panoramic mountain views, premium location and unbeatable lifestyle convenience. Perfectly positioned in one of Canberra's most prestigious city-edge locations, this spacious residence presents an outstanding opportunity for first-home buyers, professionals and investors alike. Whether you're looking for a vibrant city lifestyle or a low-maintenance investment with excellent rental demand, this apartment delivers on every level. Best of all, the property is vacant and ready for immediate occupancy, allowing you to move in straight away or lease it immediately. A Coveted CBD Address with Everything at Your Doorstep Located within the sought-after suburb of Reid, this apartment places you right in the heart of Canberra's city lifestyle while enjoying the peaceful surroundings that Reid is famous for. Directly across the road sits Canberra Centre, Canberra's premier shopping and dining destination. With supermarkets, department stores, boutique retailers, cinemas and hundreds of restaurants and cafés literally moments away, everyday convenience couldn't be better. Just next door is the beautiful Glebe Park - one of the city's most iconic green spaces. Whether you're enjoying your morning coffee, taking an evening walk or simply relaxing under the trees, the park provides a wonderful extension of your living environment. The vibrant dining precinct of Braddon is also only a short stroll away, offering some of Canberra's most celebrated cafés, wine bars, cocktail lounges and award-winning restaurants. From weekend brunches to evening drinks with friends, this location truly embraces everything city living has to offer. Rare Corner Position Filled with Natural Light One of the most impressive features of this apartment is its exceptional orientation and abundance of natural light. The spacious living area enjoys both east-facing and north-facing floor-to-ceiling windows, a rare feature in one-bedroom apartments. These expansive windows flood the apartment with sunlight throughout the day while framing spectacular mountain views that create an incredible sense of openness. The kitchen is equally impressive, featuring its own north-facing floor-to-ceiling window - an increasingly rare design element that transforms an everyday space into one filled with natural light and beautiful outlooks. Preparing breakfast or cooking dinner while looking out towards the mountains creates a lifestyle experience few apartments can offer. The generous open-plan living and dining area feels significantly larger thanks to the corner positioning and uninterrupted natural light, creating an atmosphere that is bright, airy and incredibly welcoming. Wake Up to Beautiful Mountain Views Every Morning The bedroom continues the apartment's outstanding connection with the outdoors. Positioned on the eastern side of the apartment, both the bedroom and balcony enjoy beautiful mountain views and gentle morning sunshine. Imagine waking each day to the first rays of sunlight before stepping onto your private balcony to enjoy a coffee overlooking Canberra's surrounding hills. It's these everyday moments that make this apartment so much more than simply a place to live. A Lifestyle That Few City Apartments Can Match Living here means embracing one of Canberra's most walkable and vibrant neighbourhoods. Within just a few minutes you can enjoy: Shopping at Canberra Centre Brunch in Braddon Walks through Glebe Park Easy access to the City business district Light rail, buses and major transport connections Whether you're working in the CBD, studying nearby, or simply enjoying everything Canberra has to offer, this location makes life remarkably easy. Move-In Ready or High-Performing Investment The apartment is currently vacant, allowing immediate settlement and occupation for owner-occupiers. For investors, the location continues to attract strong rental demand thanks to its proximity to government offices, the Australian National University, restaurants, shopping and public transport. The estimated rental return of approximately $550$600 per week provides an attractive yield alongside excellent long-term capital growth potential. Whether purchasing your first home, downsizing, or expanding your investment portfolio, this is an opportunity to secure a quality apartment in one of Canberra's most tightly held city precincts. Key Features One bedroom | One bathroom | One secure car space Corner apartment with east and north-facing floor-to-ceiling windows Spectacular mountain views from the living area, bedroom and balcony Rare north-facing kitchen window providing abundant natural light Vacant and ready for immediate occupancy Opposite Canberra Centre and beside Glebe Park Walking distance to Braddon cafés, restaurants and nightlife Strong rental potential of approximately $550$600 per week, ideal for both owner-occupiers and investors Property details:Council rate: $505 p/q (approx.) Strata: 872 p/q (approx.) Land tax: $590 p/q (approx.)(Investor only) Built: Year 2021 Living area: 50 m² Balcony: 8 m²EER: 6.0 Disclaimer: While all care has been taken to ensure the accuracy of the information contained herein, Ruiz Property does not accept responsibility and disclaims all liabilities for any errors, omissions, inaccuracies or misstatements. All information provided is approximate only and should not be relied upon as a basis for making any formal decisions. Interested parties are advised to conduct their own enquiries and seek independent legal and financial advice. Please note that the property may continue to be marketed and inspections may continue until contracts have been exchanged.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Parking
1
Land Area
50 m²
Listed
1 week ago

Repayment calculator

$2,371/month
$1,185 /fortnight
Loan $391,200 at 6.10% over 30 years

Upfront costs

Deposit$97,800
Stamp duty$8,580
Conveyancing (est.)$2,000
Total upfront$108,380
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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 8% below the $530,000 median of 78 comparable apartmentswithin 5 km.

What's nearby

  • Constitution Av opp National Convention Centre (bus)620 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

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