The Crace Commercial Precinct is comprised of 36ha on the corner of the Barton Highway and Gungahlin Drive.
The site has been occupied by the Commonwealth Government since 1913 and for the last 60 years by the CSIRO. With the CSIRO exiting the site in 2024, the opportunity has arisen to offer the existing campus of buildings and facilities to other organisations for lease.
The current Crown Lease allows for all forms of research uses which could include:
And any other activity which has a research component key to its operation.
The Crace Commercial Precinct offers an unprecedented opportunity to locate in an environment of innovation and research.
The site offers a large campus style location at the apex of North Canberra, Belconnen and Gungahlin District.
It is well serviced to connect to all areas of Canberra via the Barton Highway and Gungahlin Drive and is less than 10 minutes to the Dickson, Gungahlin and Belconnen Town Centres.
The site is home to the historic Gungahlin Homestead (c1860) which is an imposing Georgian/Victorian Homestead with associated historic outbuildings.
The site has developed into a campus style of buildings which has accommodated a broad range of uses over the decades including office, administration, laboratory and research spaces as well as climate-controlled storage areas.
The opportunity exists to refurbish existing spaces to suit new tenants or to expand and extend beyond the existing buildings.
The campus sits within a fully secured site with a semi-rural outlook, mature trees and gardens and ample at grade parking.
The existing buildings comprise 6,759 m2 over 9 buildings.
The Crown Lease allows for an additional 7,200m2 of GFA to be constructed.
More floorplans available on request
The site is owned by Crace Homestead Unit Trust. The owners have a long history in Canberra of owning and delivering new developments and commercial holdings.
We invite business, government, and community organisations with an interest in research and development, technology, health and social sciences and scientific manufacturing to express their interest by enquiring further today.