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805/72 Allara Street, City$2.50m
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For Saleapartment

805/72 Allara Street

City, ACT 2601, Australia
$2.50m
3 bed 2 bath 4 car214 m²

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Listing description

About this property

Expressions of Interest: Closing 5:00pm, Wednesday, 3 June 2026 Positioned high within the landmark Grande on London, Penthouse 805 is a brand new residence of scale, privacy and refined design in the heart of Canberra City. Spanning approximately 214m², the home provides expansive open plan living with a striking curved façade, capturing sweeping city views through full height glazing and an abundance of sun and natural light. The layout is both elegant and sophisticated, with generous living and dining areas that flow out to a large terrace for easy entertaining. A separate family or sitting room provides additional flexibility, while the thoughtful floorplan offers clear separation between living and accommodation zones. Throughout the home, a palette of natural stone, timber and high quality finishes create a sense of refinement and luxury. Bathrooms are finished with full height tiling, frameless glazing, brushed nickel fittings and underfloor heating, while comfort is enhanced with ducted air conditioning, double glazing and carefully considered lighting and technology. The kitchen is beautifully appointed with premium appliances, extensive joinery and the added benefit of a walk in pantry and additional preparation space. The bedrooms are well proportioned, including a main suite with its own ensuite, supported by a second bathroom and a separate powder room for guests. Residents of The Grande enjoy access to a premium suite of amenities including a wellness centre, gymnasium, resort style pool and beautifully landscaped gardens, all within a sophisticated and architecturally designed environment. Positioned moments from Canberra's finest dining, retail and cultural destinations, and within close proximity to Lake Burley Griffin and the Parliamentary Triangle, this is a rare opportunity to secure a penthouse of genuine scale and quality in a prestigious city address. Features: Three bedroom penthouse with ensuite, second bathroom and separate powder room Expansive open plan living and dining with additional family or sitting room Large private balcony with sweeping city views and curved architectural design Approx. 214m² total area including generous internal living Premium kitchen with natural stone finishes and full height splashback Smeg appliance suite including induction cooktop, oven and steam oven Integrated Fisher and Paykel fridge and dishwasher Zip tap with boiling, chilled and sparkling water Walk in pantry plus additional preparation or butler's space Full height tiling to bathrooms with frameless shower screens Brushed nickel fittings, mirrored cabinetry and heated towel rails Underfloor heating to bathrooms Timber or stone flooring to living areas, plush carpet to bedrooms Custom joinery and excellent storage throughout Full height double glazing for light, comfort and acoustic performance Ducted air conditioning and dimmable LED lighting throughout Secure building with lift access and premium common areas Access to wellness centre, gymnasium, resort style pool and landscaped gardens Estimated Financial Figures Rates: $885 *pq (approx) Body Corporate: $3,098 *pq (approx) Disclaimer: All care has been taken in the preparation of this marketing material, and details have been obtained from sources we believe to be reliable. Blackshaw do not however guarantee the accuracy of the information, nor accept liability for any errors. Interested persons should rely solely on their own enquiries.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
3
Bathrooms
2
Parking
4
Land Area
214 m²
Listed
2 months ago

Repayment calculator

$12,120/month
$6,060 /fortnight
Loan $2,000,000 at 6.10% over 30 years

Upfront costs

Deposit$500,000
Stamp duty$111,067
Conveyancing (est.)$2,000
Total upfront$613,067
Verify with ACT revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in City

This 3-bedroom apartment in City, ACT 2601 sits within reach of public transport, local shops local amenities. It is listed 317% above the $599,000 median of 78 comparable apartmentswithin 5 km.

What's nearby

  • Regatta Point Commonwealth Av (bus)448 m away
  • Kwik Kopy Canberra465 m away
  • Unnamed173 m away
  • Unnamed252 m away
  • City Hill387 m away

City at a glance

Full suburb profile
Population
4,835
Median age
27
Household income
$2,232/wk
Median rent
$550/wk
Median mortgage
$1,950/mo

Source: ABS Census.

Due diligence

Property Report

Future Development

Complete

Canberra City is experiencing significant urban renewal and intensification as the ACT Government prioritises inner-city density and placemaking. Key activity centres on the City precinct itself with mixed-use redevelopment, light rail integration, and foreshore activation driving residential and commercial growth. Adjacent growth areas like Molonglo provide additional suburban residential supply, creating a two-tiered development pattern of inner-city infill and outer-suburban expansion.

Nearby projects

6

Closest

0 km

City precinct mixed-use intensification

1.3km2.5km3.8km5kmCity precinct mixed-use intensification — 0.0 kmNgunnawal Place redevelopment — 0.3 kmCity Light Rail integration precinct — 0.5 kmCity foreshore activation — 0.8 kmWest Basin residential apartments — 1.2 kmMolonglo precinct expansion — 3.5 km

Distance from this property is exact (rings = km). Direction is illustrative.

City precinct mixed-use intensification

0 km
Mixed-useUnder construction

High-density residential and retail development within Canberra City centre as part of ACT Government urban renewal strategy.

2025

0 m

Ngunnawal Place redevelopment

0.3 km
Mixed-useApproved

Redevelopment of heritage precinct incorporating accommodation, retail and public space activation.

300 m

City Light Rail integration precinct

0.5 km
Infrastructure and mixed-useProposed

Transit-oriented development around Canberra Light Rail stage 2 extension with residential and commercial components.

2026-2027

500 m

City foreshore activation

0.8 km
Mixed-useUnder construction

Public realm and entertainment precinct with hospitality, retail and residential components along Lake Burley Griffin.

2025

800 m

West Basin residential apartments

1.2 km
Apartment buildingApproved

Multi-tower residential development providing additional inner-city housing supply near amenities.

1.2 km

Molonglo precinct expansion

3.5 km
Residential subdivisionUnder construction

Large-scale residential estate development adjacent to City with multiple stages of suburban housing.

2027

3.5 km
Source: StMate AI — ACT development trends06/05/2026
Disclaimer: This report combines data from Australian Government open data portals (CC-BY 4.0) and StMate AI. For non-NSW properties some sections (zoning, flood, bushfire, development, heritage) are AI-generated based on publicly known suburb characteristics — always verify with the relevant council or authority before making decisions. This report does not constitute legal, financial, or planning advice.

Suburb market

Suburb price trend

City price trend

Median sold · Unit 3 bed

Compound growth +4.6% / yr over 4 yrs

$1.33mcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full City market

This listing

Price history

Price history

Listing price changes

1 price change recorded for this property

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Within 5km

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