402/72 Allara Street
City, ACT 2601

Overview

402/72 Allara Street, City

Welcome to this exceptional investment opportunity located in the brand new "The Grande" complex, situated in the heart of the city. This property offers a superb chance for inner-city living with strong potential for future growth, making it an ideal choice for investors and owner-occupiers alike.

The residence boasts a beautifully designed kitchen featuring soft-close cabinetry, ample storage space, and high-quality SMEG appliances. The kitchen surfaces are finished with marble-look materials complemented by a cohesive splashback, combining both practicality and a sleek, modern aesthetic. Adjacent to the kitchen, the living area is surrounded by floor-to-ceiling double-glazed windows that flood the space with natural light and provide seamless access to the balcony, enhancing the indoor-outdoor living experience.

This spacious home includes one large bedroom equipped with built-in robes and carpeted flooring, offering a comfortable and private retreat. Additionally, there is a separate study area with extra storage cupboards, a rare and valuable feature within Canberra's CBD, providing flexibility for working from home or study needs.

The bathroom is finished to a high standard with full-height tiling, custom joinery, and quality fittings. The main living areas feature tiled flooring for easy maintenance, while the bedroom is carpeted to create a warm and cozy atmosphere.

Comfort is assured with ducted reverse-cycle air conditioning, LED lighting, brushed nickel tapware, and double glazing throughout the apartment, ensuring a well-rounded and comfortable living environment.

Residents of "The Grande" enjoy access to an impressive range of amenities designed to support a connected and lifestyle-focused community. These include a rooftop pool with pavilion areas, a fully equipped gym, a yoga studio, co-working spaces, a private cinema, landscaped communal areas, secure bike storage, and a dog wash station.

Occupying a prominent corner position at Allara Street and London Circuit, this address offers immediate access to the CBD, Lake Burley Griffin, Canberra Centre, Australian National University, and the future City South light rail stop, along with key employment and transport links.

• Currently tenanted until 5th February 2027
• North-west facing balcony providing exceptional sunlight
• Quiet apartment with 66 square meters of living space and large square tiling throughout
• Short walking distance to Braddon and the city’s CBD
• Recently completed in 2026
• Open plan living, dining, and lounge area
• Open plan kitchen with authentic stone benchtop and SMEG appliances
• Large bedroom with built-in robes and carpeted flooring
• Additional study space with abundant storage cupboards
• Newly installed blinds
• Ducted reverse cycle heating and cooling
• Secure underground car park with visitor parking and storage cage
• Access to rooftop pool with elegant pavilion
• Gym and yoga studio equipped with premium equipment
• Co-working space and library facilities
• Private residents-only cinema
• On-site dog wash and bike storage
• Close proximity to proposed City South Light Rail (2 minutes)
• Nearby Lake Burley Griffin (6 minutes)
• Canberra Centre (8 minutes)
• UNSW Canberra (10 minutes)
• Australian National University (15 minutes)
• Canberra Airport and Railway Station (10 minutes)
• Parliament House (8 minutes)

Strata fees are approximately $647 per quarter, rates approximately $847 per quarter, and land tax approximately $570 per quarter. The property has an Energy Efficiency Rating (EER) of 6.0.

All information has been carefully prepared to ensure accuracy; however, no warranty is given, and interested parties should rely on their own enquiries.

Location