51 Allara Street

Canberra, ACT

The eight level office block is centrally located on the intersection of Constitution Avenue and Allara Street in Canberra CBD in the centre of a major government office precinct.A refurbishment of office areas, building entry and end of trip facilities was completed in September 2018.

Ownership interest 100%
Cap rate 6.75%
Valuation date December 2020
Acquisition date January 2008
Site area 3,973m2
Net lettable area 12,350m2
Occupancy 97%
NABERS rating (Energy) 5.0
NABERS rating (Water) 4.5
WALE by income 4.98
Rent review stucture Fixed
Major tenants by income DISER, DFAT
Parking spaces 163
Valuation range $60-80 million
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