Office

182 St Georges Terrace, Perth

182 St Georges Terrace Perth, WA Australia 6000
Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
Cap Rate N/A

Key facts

Year Built 2000
Building Area Net
Land Area Net ()
Rentable Area

Property 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.


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

Last Updated Date: 11 Aug 2022

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Last Updated Date: 11 Aug 2022

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