51 Allara Street, Canberra

CANBERRA'S CORE PRECINCT

Central location and abundance of natural light.

A premier property, offering modern and well-appointed office space in the heart of Canberra’s CBD. The buidling is positioned adjacent to the Canberra Convention Centre and is within close proximity to both the parliamentary triangle and airport.

The building provides large floor plates with excellent natural light. A refurbishment of the office areas, building entry and end of trip facilities was completed in September 2018.

Ownership:

Facilities and Features

Onsite change rooms
Onsite shower
Onsite lockers
Onsite Bike Storage
Parking
Accessible facilities

Sustainability

Our team has a strong focus on environmental performance. Our sustainable initiatives aim to provide enhanced occupant comfort, reduced draw on resources and lowered building operating costs to achieve environmentally responsible workspaces and buildings. One such example is the recently installed solar panels.

Evolution

The 7 storey building was originally completed in c 1987 and was substancially refurbished and upgraded in 2010 and 2018 when a new building entry and end of trip facility was completed. It provides large efficient floor plates with excellent natural light.

More information

Ownership interest
100%
Cap rate
6.75%
Valuation date
June 2023
Acquisition date
January 2008
Site area
3,973m2
Net lettable area
12,107m2
Occupancy
100%
NABERS rating (Energy)
5.0
NABERS rating (Water)
3.5
WALE by income
3.0
Rent review structure
Fixed
Major tenants by income
DISER, DFAT
Parking spaces
163
Valuation
$61 million

Lease Availability

No suites currently available

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Building Management

The Building Management Team care for all aspects of the building, from maintenance to operations, ergonomics and sustainability. They handle administrative tasks, promote our tenants and ensure safe and enjoyable spaces for collaboration and renewal. They form an integral part of our strong partnership with our tenants, and understand that without this, the building wouldn’t be able to thrive. For more information, speak to our team or login to the customer portal below.

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Amenities

Situated in Canberra’s Core precinct, 51 Allara benefits from direct access to a great range of local amenity in addition to its recently upgraded ground floor reception, showers, drying room, bike storage and abundant secure parking.

Dining and Bars

Located within the heart of Canberra’s social scene, 51 Allara is walking distance to a variety of convenience dining as well as some of Canberra’s finest restaurants and bars, including Red Salt Restaurant, Natural Nine and the Meat & Wine Co.

Cafes

Being amongst the Canberra’s coffee culture, there are numerous cafes within walking distance that you can choose to sit in, or take away for a walk through nearby Glebe Park for a moment of wellness.

Retail

A mere three minute walk to the Canberra Centre where you can access a great variety of retailers and services, including premium stores David Jones, Ralph Lauren, Hugo Boss and more, as well as major grocer brand Aldi.

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