Welcome to 407/1 Boolee Street, Reid, a beautifully presented two-bedroom, one-bathroom apartment with a secure basement car space, perfectly positioned in one of Canberra's most sought-after city locations.
Whether you're searching for your first home, a low-maintenance city residence or a quality investment, this apartment offers an outstanding combination of comfort, convenience and lifestyle. Better still, the property is vacant and ready for immediate occupancy, allowing you to move straight in or lease it out without delay.
An Unbeatable City Lifestyle
Located in the prestigious suburb of Reid, this apartment enjoys one of Canberra's most convenient addresses.
Directly across the road is Canberra Centre, the city's premier retail and dining destination. Supermarkets, boutique shopping, cinemas, cafés and restaurants are all only moments from your front door, making everyday life effortless.
Just beside the building is the beautiful Glebe Park, providing a peaceful escape for morning walks, weekend picnics or simply relaxing amongst mature trees.
Only a short stroll away, Braddon offers some of Canberra's best cafés, wine bars and award-winning restaurants, creating an exciting lifestyle that perfectly balances city convenience with leisure.
Comfortable, Functional & Filled with Natural Light
Inside, the apartment features a practical and well-proportioned two-bedroom floorplan with no wasted space. The generous open-plan living and dining area feels bright, spacious and welcoming, providing plenty of flexibility for everyday living and entertaining.
A standout feature is the pleasant leafy outlook from the balcony, offering a peaceful green backdrop that creates privacy while bringing a sense of calm to the home. Rather than looking directly onto neighbouring buildings, you'll enjoy views of established trees that soften the urban setting.
Both bedrooms are generously sized and thoughtfully positioned, making the apartment equally suitable for couples, small families, professionals working from home or investors seeking broad tenant appeal.
Move Straight In or Lease Immediately
One of the biggest advantages of this property is its flexibility.
The apartment is currently vacant, allowing owner-occupiers to move in immediately after settlement. Investors can also lease the property straight away, with an estimated rental return of approximately $600$650 per week, reflecting the strong demand for quality apartments in Canberra's CBD.
With secure parking, low-maintenance living and an unbeatable location, this property is equally attractive as a home or a long-term investment.
A Rare Opportunity in Canberra's CBD
Properties combining a genuine two-bedroom layout, secure parking, leafy outlooks and immediate access to Canberra Centre are always in strong demand.
Whether you're enjoying coffee in Braddon, shopping across the road, relaxing in Glebe Park or simply appreciating the convenience of living in the heart of the city, 407/1 Boolee Street offers a lifestyle that few locations can match.
This is an outstanding opportunity to secure a quality apartment in one of Canberra's most desirable city precincts.
Key Features
Two bedrooms | One bathroom | One secure basement car space
Vacant and ready for immediate occupancy
Spacious open-plan living and dining area
Beautiful leafy outlook from the balcony
Opposite Canberra Centre
Moments from Glebe Park and Braddon dining precinct
Estimated rental return of $600$650 per week
Ideal for owner-occupiers, first-home buyers and investors
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.
