605/1 Boolee Street, Reid
Blue Chip City Opportunity
Set within the Metropol Development, 605/1 Boolee Street presents a compelling opportunity in one of Canberra's most established city addresses. With 88m² of internal living area, this contemporary two-bedroom, two-bathroom apartment with two car spaces delivers a balance of style, comfort, and long-term confidence.
Positioned on the sixth floor, the home captures south-west views and warm afternoon sun, enhancing the sense of space and light throughout. The open-plan layout is complemented by quality stainless-steel appliances, excellent storage, and thoughtful finishes designed for effortless everyday living.
Located in the heart of the City, the apartment sits just moments from the Canberra Centre, acclaimed dining, and a full suite of lifestyle amenities, making it equally attractive as a refined city base or a low-maintenance, high-performing asset.
With a strong rental return of $740 per week currently in place until late 2028 and a prime blue-chip location underpinning long-term demand, this is a property that offers stability, flexibility, and enduring value, whether you are securing a city residence or adding a quality holding to your portfolio.
Key Figures:
• 88m² of internal living
• 8m² of balcony space
• EER of 5.5 stars
• South-east orientation
• Rental income of $740 per week until 26/08/2028
• General Rates: $2,403.40 approx. per annum*
• Body Corporate Fees: $6,287.20 approx. per annum*
• Land Tax: $2,936.48 approx. per annum*
Features:
• Located on level 6
• Stunning Glebe Park and City views
• Secure basement carparking
• Stunning contrasting colour scheme
• Energy efficient LED lighting throughout
• Reverse cycle air-conditioning
• Stone benchtops
• Double glazed windows
• Full height bathroom tiling
• Washing machine and dryer included in European laundry
• Amenities include rooftop gardens, alfresco dining, residents' kitchen, pools and kids play area
Location:
• Directly opposite the Canberra Centre, a minutes' walk away
• A short stroll to the bustling food, drinks and nightlife precinct in Braddon
• A short walk to Government Departments such as the Australian Taxation Office, Department of Industry, Science and Resources, Department of Foreign Affairs and Trade and many more
• Close proximity to stage one of Canberra's light rail and other public transport
• 8-minute walk to Lake Burley Griffin
Disclaimer: The material and information contained within this marketing is for general information purposes only. AM Property Agency does not accept responsibility and disclaims all liabilities regarding any errors or inaccuracies contained in the above copywrite. We strongly encourage interested parties to make their own independent enquiries. Interested parties should not rely upon this material as a basis for making any formal decisions.
Features
Contact
For Sale - $699,000+
Inspection Times
Property Overview
| Property ID | 1P0328 |
| Property Type | Apartment |
| Home Size | 88m² |
| External Area | 8m² |
| Car Space | 2 |
| Condition | Good |
| Energy Efficiency Rating | 5.5 |
| Aspect | South West |
| Council Rates | $2403.40 Yearly |
| Strata Levies | $6,287.20 Yearly |
| Land Tax | $2936.48 Yearly |
