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70 Allara Street City ACT 2601

  • Development / Land
  • 7,640 m²
  • Expressions of Interest

High Profile Development Site

  • Flexible Crown lease purpose clause
  • 7,640*sq m of total site area
  • NCA Designated Land

The offering of 70 Allara Street to the market presents an opportunity to create a city-changing development within a future growth corridor of the Canberra CBD.

A wide Crown lease purpose clause incorporating a number of potential uses, together with unrestricted residential GFA, will ensure the development yield on 70 Allara Street can be maximised.

70 Allara Street is situated adjacent to a number of key cultural, economic and retail landmarks as well as within walking distance to Lake Burley Griffin and Commonwealth Avenue Park.

The strength of Canberra CBD's urban renewal combined with recent and proposed infrastructure projects will help underpin the long-term fundamentals of a development at 70 Allara Street.

For Sale by Expressions of Interest closing 4pm Thursday 19 December 2019. An information memorandum can be obtained by contacting the exclusive selling agents.

*approx

EXPRESSION OF INTEREST

Closing date and time19/12/2019 16:00
Recipient nameAsk Agent
Delivery addressEOI Closing

Inspections are still happening

Reach out to the agent to arrange a private or online viewing

Property Highlights

Property ID2015892784
Floor AreaAsk Agent
Land Area7,640 m²
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityVacant
Category
Last updated  20 Feb 2020
Map for 70 Allara Street City ACT 2601
Map for 70 Allara Street City ACT 260170 Allara Street City ACT 2601
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  • Purchase Price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

Find out your loan options

Our partners at Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

Savills Canberra
Level 7, 54 Marcus Clarke Street Canberra ACT 2600

Inspections are still happening

Reach out to the agent to arrange a private or online viewing

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