64 Northbourne Ave, canberra

Owner: Australian Unity

Architect: Curzon & Partners

Asset Class: Co-living, apartments and retail

Design Status: Pre-DA level of design

Site Sale Status: Settlement completed November 24.

GFA: 14,000 sqm

Value: ~ $21.2m

Future Place Projects were the acting Development and Asset Manager for the redevelopment and divestment of the site.

The redevelopment was progressed to a 'Pre-DA' level of design, prior to divestment. The development pathway involved maximising the allowable floorspace on the site by 2 times that of the existing commercial building,  to provide 112 co-living units and 104 apartments.