Geocon's The Grande on London apartments in Canberra race to 50 per cent sold
Prominent ACT property developer Geocon Group has reached over 50 per cent sold of its latest Canberra apartment project, The Grande on London, within just over a month of its release.
The new $250 million mixed-use project signals a significant step in the revitalisation of the former Werriwa Defence Facility.
The Grande on London is intended to cater to both live-in owner-occupiers and investors, positioned as a rare opportunity to purchase a new apartment in Canberra's CBD to address a potential housing shortage in the area, with the location being close to the lake, theatre precinct, shops, restaurants, and the light rail.
The Grande on London, bordering Allara Street and London Circuit, will deliver three buildings designed by Fender Katsalidis with 332 one, two, and three-bedroom apartments across eight levels and above commercial spaces.
The ground level is designated for commercial use, and the project includes features such as a landscaped plaza, communal gardens, and deep-rooted trees to enhance the connection between London Circuit and Allara Street.
Residents-only amenities include a co-working space, rooftop pool and pavilion, fitness centre and yoga studio, library, cinema, dog wash and bike storage.
Strategically positioned near Commonwealth Avenue and within a burgeoning growth corridor, The Grande on London also enjoys proximity to key government offices including the Department of Home Affairs, Murray Darling Basin Authority, Department of Foreign Affairs and Trade, and the ACT Government.
Geocon Group has already kicked off construction at The Grande on London. They're anticipating a completion date of late 2025.
