The Grande On London

70 Allara Street, Canberra City ACT 2601,
Project Status
Completed
Bedrooms
1|2
Residences
15
Pricing

Starting from $531000

Projected Short-Term Rental Yield

10-12%

Estimated completion date
27.03.2026

Starting from $531,000 + $15K STR furnishing pack included

Prime Canberra CBD Investment - Completed & Ready for Settlement - Very Strong Corporate Demand!

Positioned in the heart of the nation’s capital, The Grande on London offers investors a rare opportunity to secure short-stay optimised apartments in one of Canberra’s most in-demand corporate and government accommodation markets.

Designed by award-winning architects Fender Katsalidis with landscaping by Oculus, The Grande combines premium architecture, lifestyle-focused amenity and investor-friendly layouts tailored for high short-term rental performance. With construction complete and settlements underway, investors can access immediate income potential with no off-the-plan delivery risk.

The Grande isn’t just another CBD apartment project – it is a short-stay ready asset in a blue-chip government and corporate precinct, with built-in demand from visiting executives, public servants, embassy staff and university-affiliated guests.

Why this development

  • Completed, brand new apartments ready to settle now, removing construction and timing risk.
  • Premium CBD location between Allara Street and London Circuit with direct access to Canberra’s City Centre, Commonwealth Park and Lake Burley Griffin.
  • Purpose-designed amenity for short-stay guests including co-working spaces, rooftop pool and pavilion, resident gym and yoga studio, cinema, library, pet facilities and bike storage.
  • Strong projected short-term rental metrics with MadeComfy management, including attractive occupancy and nightly rates driven by consistent corporate and government demand.

Location

Sitting proudly on the cloverleaf of Allara Street and London Circuit, The Grande places guests at the gateway of Canberra’s CBD. Residents and visitors enjoy front-row access to retail, dining and entertainment, as well as easy connectivity to Commonwealth Avenue, major employment hubs and the parliamentary triangle.

Key demand drivers include proximity to Parliament House, embassies, federal and ACT government departments, national institutions and leading universities - all of which underpin reliable year-round short-stay demand.

Investment highlights

  • 1 and 2 bedroom apartments, with selected 1 bed + study layouts that can function as 2-bedroom rentals for higher income potential.
  • Projected net annual revenue from approximately $32,000 for 1-bedroom and $36,000 for 2-bedroom apartments under MadeComfy’s professional short-term rental management (appraisals available on request).
  • Occupancy projected between 77-82% with average nightly rates above $274, supported by strong corporate and government visitation to Canberra.
  • Exclusive MadeComfy offer: limited-time furnishing credit (up to $15,000) and management fee discounts for investors purchasing in The Grande for short-term rental.

Amenities

  • Outdoor rooftop pool and pavilion with views towards Commonwealth Park and Lake Burley Griffin.
  • Resident gym and yoga studio.
  • Co-working spaces ideal for corporate and remote-working guests.
  • Private cinema and resident library.
  • Pet facilities and secure bike storage.

The Grande on London, Canberra ACT

From $587,900 – Short‑stay ready in Canberra’s CBD

From its considered design to an unparalleled CBD location, The Grande on London delivers a new level of ‘grand living’ in the nation’s capital – perfectly positioned for premium short‑term rental performance. Sitting proudly on the cloverleaf of Allara Street and London Circuit, residents and guests enjoy front‑row access to Canberra City Centre, Commonwealth Park and Lake Burley Griffin.

This visionary collection spans 332 contemporary residences across three buildings and eight levels, created by award‑winning architects Fender Katsalidis with landscaping and urban design by Oculus. With amenity curated for modern city living – including co‑working, rooftop pool and pavilion, fitness centre, yoga studio, library, cinema, dog wash and bike storage – The Grande is uniquely suited to attract business, government and leisure travellers year‑round.

Why this development

  • Prime Canberra CBD address with panoramic views over Canberra’s largest park and Lake Burley Griffin.
  • 1, 2 and 3 bedroom apartments designed with floor‑to‑ceiling glazing, SMEG appliances, brushed nickel tapware and full‑height bathroom tiling – ideal for premium short‑stay presentation.
  • 332 residences across three buildings, delivering scale and consistency for corporate and government accommodation demand.
  • High‑quality amenity mix that supports longer stays and remote work, including co‑working space, fitness facilities and resident lounge areas.

Location

The Grande is located on London Circuit and Allara Street in Canberra City, placing guests moments from the CBD, Canberra Centre shopping, dining, entertainment and key employment hubs. With Lake Burley Griffin to one side and the vibrancy of the city to the other, everything is within easy reach for business and leisure travellers alike.

Proximity to Parliament House, federal and ACT government departments, embassies, national institutions and universities underpins strong, resilient short‑stay demand throughout the week and across the year.

Amenities

  • Co‑working space tailored to corporate and remote‑working guests.
  • Rooftop pool and pavilion with expansive park and lake views.
  • Fitness centre and yoga studio.
  • Resident library and cinema.
  • Dog wash facilities and secure bike storage.

Amenities

Co‑working space tailored to corporate and remote‑working guests.Rooftop pool and pavilion with expansive park and lake views.Fitness centre and yoga studio.Resident library and cinema.Dog wash facilities and secure bike storage.

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