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.