Eastpoint Plaza_Property for Sale
Eastpoint Plaza_Property for Sale
233 Adelaide Terrace, Perth, WA, 6000, AU

Eastpoint Plaza

Asset Description

JLL is pleased to present for sale the 100% freehold interest in Eastpoint Plaza, 233 Adelaide Terrace, Perth.


Perth has consistently outperformed the nation in the ‘return to office’ since the beginning of COVID-19, recording the strongest net absorption across all Australian office markets in 2023.


Positioned as one of the highest quality buildings in Perth CBD’s inner east-end, this commanding 11-storey office tower has been extensively refurbished and gained exceptional leasing momentum over the past 24 months.

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Attributes

Number of floors
11 floors
Building area net
121,417 sf
Parking spaces
95
Land area gross
24,832.34 sf
Green rating
NABERS - 3.5 Star

Media

Investment Highlights

  • Landmark 11-storey CBD office tower with 11,280sqm* NLA and 95 car bays
  • Extensively refurbished with modern lobby, bathrooms and end-of-trip
  • Strong tenant support with 33%* of NLA leased or renewed since 2022
  • Completed spec fit-out delivering immediate lettability
  • Built-in rental growth via annual fixed reviews
  • Attractive carparking ratio & rare forecourt visitor parking
  • Large floorplates with exceptional Swan River views
  • Significant occupancy cost advantage
  • 3.5-star NABERS Energy rating and 5.5-star NABERS Water rating
  • Fully leased net income $5.27m p.a.*
  • Expected attractive return delivering significant margin to borrowing


*Approximate

Eastpoint Plaza 4_Property for Sale
Eastpoint Plaza 4_Property for Sale

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Eastpoint Plaza (0 Properties)

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Last updated
18 Mar 2024