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715/83 Cooyong Street, Reid$439,000
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For Saleapartment

715/83 Cooyong Street

Reid, ACT 2612, Australia
$439,000
1 bed 1 bath 1 car50 m²

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About this property

The property is currently tenanted, the current lease for the property is in place until 22 April 2027, with the rent at $550 per week. For investors, this means an immediate rental return with no vacancy period. For owner-occupiers, once the lease expires, our property management team can issue a notice to vacate to the tenants at any time, and the property will be vacant within a maximum of eight weeks, ready for you to move in. Welcome to 715/83 Cooyong Street North, a modern one-bedroom, one-bathroom apartment offering the perfect balance of city convenience, elegant design, and comfortable living. Positioned in the vibrant heart of Canberra CBD, this apartment sits directly opposite the beautiful Glebe Park, offering a rare combination of city life and green tranquility. Just steps away lies Canberra Centre, the city's premier shopping and dining destination, filled with boutique stores, fine restaurants, and cafés. You'll also love being close to Braddon's popular dining and bar precinct, home to top eateries such as Raku, Tipsy Bull, Lazy Su, and a collection of artisan coffee shops. Inside, the apartment boasts a well-designed, square layout with no wasted space. The open-plan living and dining area is bright and spacious, flowing seamlessly to an 8sqm west-facing balcony, perfect for enjoying the afternoon sun. The bedroom offers plenty of natural light and a peaceful retreat, while the bathroom is sleek and modern. A secure basement car space and large storage cage provide additional convenience. With ANU within a 1015 minute walk, the light rail terminus just 7 minutes away, and the nearest bus stop only 3 minutes from your door, this location offers unbeatable accessibility to work, study, and leisure. Key Features: 1 bedroom | 1 bathroom | 1 secure car space + large storage cage Functional square layout with no wasted space 8sqm west-facing balcony with excellent natural light Spacious open-plan living and dining area Opposite Glebe Park, offering a peaceful green outlook Steps to Canberra Centre and Braddon dining precinct 7 minutes to light rail, 3 minutes to bus stop Premium inner-city location with every convenience at your doorstep Property details: Year built: 2021 Living area: 50 m² Balcony: 8 m² Rate: $497 p/q (approx.) Strata: $661 p/q (approx.) Land tax: $583 p/q (approx.)(Investor only) EER: 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
3 months ago

Repayment calculator

$2,128/month
$1,064 /fortnight
Loan $351,200 at 6.10% over 30 years

Upfront costs

Deposit$87,800
Stamp duty$6,880
Conveyancing (est.)$2,000
Total upfront$96,680
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 17% below the $530,000 median of 78 comparable apartmentswithin 5 km.

What's nearby

  • Canberra Centre City (bus)164 m away
  • Uniqlo217 m away
  • Glebe Park232 m away
  • Unnamed402 m away
  • Unnamed411 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

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