50 Pirie Street, Adelaide
50 Pirie Street, Adelaide, SA, 5000, AU
6,172 sm
Description
JLL and CBRE are pleased to present 8 St Georges Terrace for sale – An extensively repositioned and fully leased prime office building offering appealing returns.
Comprising 4,297 sqm* of high-quality accommodation, the property is strategically located in the heart of the CBD’s legal precinct, underpinning its proven leasing performance and tenancy base with a WALE of 3.7 years.
The asset has undergone an extensive $8.8 million refurbishment which includes new on-floor lobbies and bathrooms, entrance lobby, premium end-of-trip facilities, tenant fit-outs, and base building upgrades, supporting an incoming purchaser’s cash-on-cash yield profile.
Investment Highlights
- 4,297 sqm* of prime office accommodation
- 14 secure car bays + 1 accessible bay
- Fully leased asset
- 3.7-year* WALE by income
- 837 sqm* site area
- ~$8.8 million* refurbishment
- Net passing income of $2,126,296 p.a.*
The property is for sale via Expressions of Interest closing 2pm (AWST) Thursday 10 September 2026.
Please reach out to the exclusive agents for more information or to arrange an inspection.
*Approx.
*All data is presented as at 1 November 2026.
*Net passing income amount includes Forbes Kirby commencing 1 July 2027 (HoA signed June 2026)
...
Attributes
Building area net
4,297 sm
Occupancy
100%
Land area gross
837 sm
Media
Investment highlights
- 100% Freehold on St Georges Terrace
- 4,297 sqm* NLA on 837 sqm*
- Fully Leased with 3.7 Year WALE*
- Comprehensive $8.8m Capital Investment*
Contact brokers
8 St Georges Terrace, Perth (0 Properties)
