64 Allara Street, Canberra

100%

Occupancy1

$17.5m

Valuation1

Office

Sector

Added to Cromwell Direct Property Fund (Fund) in July 2015, 64 Allara Street is a six-level, A-grade property located in the south-eastern section of the Canberra CBD, approximately three kilometres north of Parliament House.

The building comprises 98 spaces for parking, retail tenancies on the ground floor and office accommodation over five floors.

The building has a net lettable area of 3,155 square metres, with a standard floor plate of approximately 663 sqm between levels two and four, and is set on a 1,788 sqm site. The major tenants include blue-chip organisations, CIC Australia and Jacobs Australia.

64 Allara Street is well positioned within Canberra’s CBD, given its strategic location within a major office precinct that houses a variety of Commonwealth and private enterprise tenants. The property is also expected to benefit from any future development that may occur from the City to the Lake project proposed by the ACT Government. Developed within Canberra’s The City Plan, it aims to better utilise the broad southern flank of the city.

64 Allara Street is held in Cromwell Direct Property Fund. To gain exposure to 64 Allara Street or for further information on the Fund, click here, call Cromwell’s Investor Services Team on 1300 268 078 or email invest@cromwell.com.au.

1 As at 31 December 2021