G19/81 Cooyong Street, Reid ACT 2612

Ground-floor apartment | 104m² internal | Glebe Park frontage | ducted climate | prime CBD location This unit presents a competitively sized two-bedroom offering in a well-appointed CBD building, directly adjacent to Glebe Park. Its larger-than-average internal area, high-quality inclusions, and park-side position create a rare urban living proposition, best serving an owner-occupier seeking low-maintenance city proximity or an investor targeting professional tenants. The building’s pet-friendly policy and premium fixtures broaden its rental and resale appeal. The primary decision point is price justification against a softening two-bedroom unit market, evidenced by a high median days on market. You pay a premium for the park outlook and building quality, accepting slower capital growth in the immediate term. Secure it only at a discount to the asking price, positioning it as a long-term hold for lifestyle or a stable rental. Our tailored report would pressure-test this valuation with precise building comparables and assess locality-specific strata risks. Recent sales data for two-bedroom units in Reid shows a median price of $577,500, with properties taking an average of 124 days to sell. This context suggests the listed price of $625,000 requires clear justification based on this specific unit’s superior size, condition, and position to achieve a successful sale in the current climate.