23 Allara Street, City, ACT 2601 | Property Value & History | OnTheHouse
OFF MARKET

23 Allara Street
City ACT 2601

Bedrooms: -
Bathrooms: -
Car spaces: 131
Land area: 3726m2
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Property Details for 23 Allara St, City

Building Type
Commercial
Land Size
3726m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 10, Section 65

Last Listing description (November 2023)

33 Allara Street is an exceptionally located eight-storey commercial office building in Canberra's CBD. Positioned in the eastern precinct of the city, with extensive and commanding street appeal. The building is close to premium new developments, major government departments, transport, lifestyle and retail amenity. The refurbished ground floor kiosks and lobby areas are a zone of sophistication with quality food and coffee shop offerings. In addition, the building offers both End of Trip facilities, with towel service and secure bicycle storage. Sustainability credentials have been lifted and operating efficiency has been maximised, achieving a 4.5 Star NABERS rating. The building offers excellent onsite parking with generous ratios of 1:20m leased (approx.) with additional visitor car parking available on site.

Available now are two fully fitted and ready to occupy suites, these suites offer convenience, flexibility and optimality for small-medium businesses seeking office space in a central CBD location.

These light-filled office spaces have been fully refurbished and fitted out with high-quality internal features comprising of collaboration areas, private and informal meeting/call rooms, boardroom, kitchen/breakout area, modern furnishings, bathrooms and upgraded end of trip facilities.

Available Areas:
Level 4 Suite 4.01 - 567m (approx.): Fully fitted out for up to 60 people, boardroom, meeting room, office, kitchen/breakout areas. Government standard fitout with automatic entry doors and internal bathrooms.

Level 4 Suite 4.04 206m (approx.): New speculative suite that can accommodate up to 20 people, fitted out with a boardroom, meeting room, utility room, kitchen/breakout area.

For more information or to arrange an inspection, please contact the exclusive agents, Colliers today.

Property History for 23 Allara St, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
$29,000,000
28 Oct 2015
Listed for Rent
$450/w
09 Oct 2023
  • 04 Mar 2020
    Listed for Rent - Price not available
  • 04 Jun 2019
    Listed for Rent - Price not available
  • 01 May 2019
    Listed for Rent - Price not available
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About City 2601

The size of City is approximately 1.4 square kilometres. It has 8 parks covering nearly 9.9% of total area. The population of City in 2016 was 4276 people. By 2021 the population was 4835 showing a population growth of 13.1% in the area during that time. The predominant age group in City is 20-29 years. Households in City are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in City work in a professional occupation.In 2021, 36.30% of the homes in City were owner-occupied compared with 30.00% in 2016.

City has 3,353 properties. Over the last 5 years, Houses in City have seen a -17.23% decrease in median value, while Units have seen a 9.32% increase. As at 31 December 2025:

  • The median value for Houses in City is $1,483,324 while the median value for Units is $572,670.
  • Houses have a median rent of $650 while Units have a median rent of $655.
There are currently 32 properties listed for sale, and 46 properties listed for rent in City on OnTheHouse. According to Cotality's data, 124 properties were sold in the past 12 months in City.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.