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315/81 Cooyong Street

Reid ACT 2612

1
1
1
62 m²
77 m²
Apartment
Currently for sale - view listing

Overview

PRICE SLASHED! Exceptional Value, Strong Returns & Premium City Location

With a significant price reduction, this is now one of the best-value opportunities in Canberra's CBD. Offering a generous 62m² of living space, a secure parking space and storage, plus a rental return of $490 per week, this apartment represents an outstanding opportunity for both investors and owner-occupiers. Located directly opposite the Canberra Centre, this modern 1-bedroom apartment combines lifestyle, convenience, and investment performance in one highly sought-after package. Currently leased and delivering an attractive gross rental yield of approximately 6.8%, it's a ready-made investment with immediate income from day one. Step inside to discover a spacious bedroom with built-in wardrobes, a stylish modern bathroom, and a private balcony overlooking a peaceful internal courtyard. Everything you need is right at your doorstep, including shopping, restaurants, cafés, entertainment, and public transport. Why You'll Love It: Significantly reduced price – exceptional value for money 62m² apartment in a premium CBD location Currently rented at $490 per week Approximate gross rental yield of 6.8% Spacious bedroom with built-in wardrobes Contemporary bathroom with quality finishes Private balcony with tranquil courtyard outlook Secure basement car parking Additional storage cage Directly opposite Canberra Centre Surrounded by Canberra's best dining, shopping, and entertainment Investors Take Note Properties offering this combination of location, size, strong rental income, and attractive yield are becoming increasingly difficult to find. With the recent price reduction, this is a genuine opportunity to secure a prime CBD asset at exceptional value. Be Quick – Opportunities Like This Don't Last The seller has repositioned the property to meet the market, and buyers looking for outstanding value should act fast. Contact us today to arrange your inspection before someone else takes advantage of this exceptional opportunity. All parties should rely on their own enquiries to verify the information provided. While every care has been taken to ensure accuracy, no warranty is given, and no liability will be accepted for any errors or omissions. Each office is independently owned and operated.

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
62 m² floor area
77 m² lot size
Apartment

Property history for 315/81 Cooyong Street

2022
Rented
Undisclosed
Leased on 16 Nov 2022 by The Property Collective
2022
Rented
Undisclosed
Leased on 26 Jan 2022 by The Property Collective

Happy sellers in Reid

69%
69% of sellers in Reid reported that their sale price either exceeded or met their price expectations.

Reid stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 17 reviews in Reid over the last 12 months.

Local market activity for 1 bedroom apartments in Reid

In the last 12 months, 14 one-bedroom apartments similar to 315/81 Cooyong Street, have been sold.

This represents a 7% decrease in one-bedroom apartments sales when compared to the previous 12 months.

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