Office

182 St Georges Terrace, Perth

182 St Georges Terrace, Perth, WA, 6000, AU

182 St Georges Terrace, Perth_Property for Sale

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182 St Georges Terrace, Perth 2_Property for Sale

Asset description

JLL and Knight Frank are pleased to present for sale 182 St Georges Terrace, Perth, an 11-storey office building centrally located in the core of the Perth CBD.

 

The property has an NLA of 5,030sqm* with 29 secure car bays and sits on 810sqm* of prime land.

 

Extensive refurbishments to the building have been undertaken since 2017 with significant capital expenditure totalling close to $7 million. The refurbishments have created a modern vibrant lobby with a shared boardroom facility at ground floor level available to all tenants. The addition of the café at street level fronting directly on to St Georges Terrace provides in-house amenity to the buildings tenants, increasing its appeal.

 

The building is 96% leased to multiple tenants from diverse business sectors minimising risk to income flow, generating a passing net income of $2,327,000*. Significantly there has been a number of leasing deals concluded in the building in the last 18 months which highlights the property’s position in the market.


Attributes

Building area Net
54,137 sf
Year built
2000
Land area Net
0.20 acres (8,721 sf)

Investment highlights

  • Core CBD location
  • Diversity of income
  • Minimal future capital expenditure
  • 96% leased
  • 4.5 Star NABERS Energy rating


For further information please contact the exclusive selling agents.


*Approx

182 St Georges Terrace, Perth 4_Property for Sale
182 St Georges Terrace, Perth 4_Property for Sale

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Last updated
Nov 30, 2022