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Knight Frank - Canberra

20 Allara Street City, ACT 2601

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20 Allara Street,
City, ACT 2601

Offices • Development Sites & Land

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PRIME CBD BUILDING WITH DEVELOPMENT UPSIDE

20 Allara Street is a commercial office and retail tower located at the core of Canberra's CBD and presents purchasers with a range of partial or total redevelopment/repositioning opportunities (subject to approvals).

The key highlights of the property are as follows:-

• Prime CBD location, adjacent to Canberra's premier retail precinct, overlooking City Walk.
• A rare CBD site of over 3,000* m² (site area) with three street frontages.
• Total NLA of over 13,900* m².
• Over $13m in capital expenditure and maintenance in the past two years.
• 4 Star NABERS Energy.
• Multiple value-add strategies** including repositioning or residential, aged-care, hotel and retail development.
• Expansive views in all directions from the upper floors.

*Approximate **Subject to relevant authority consents

Property ID: 501466167Last Updated: 21 Jul 2015

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