59/251 Adelaide Terrace, Perth, WA 6000 | Commercial for sale | OnTheHouse
 
FOR SALE
$250,000

59/251 Adelaide Terrace
Perth WA 6000

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 50m2
Land area: 50m2
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CBD Leased Investment

NAI Harcourts Metro, as the exclusive selling agents, are proud to present unit 59 of 251 Adelaide Terrace, Perth for sale - an excellent opportunity to secure a leased investment in Perth's CBD with stunning river views and great long term potential.
Prism consultants have leased units 59 & 60 at 251 Adelaide Terrace since 2022. They are a growing accounting and consultancy firm who have done a high quality fit out of the two units turning it into a well presented and professional practice for their clients to visit.
The 3+3 lease has just been renewed to 30/06/2028 and the tenants are expected to enter a new lease after its expiry.
The Opportunity:
• Net annual income $13,906.44 + GST
• Rent reviews CPI increases 1 July 2026 & 2027
• Lease term - 3 years expiring 30/06/2028
• Car bay is vacant. Potential $4,200 net p.a additional income once the car bay is leased. This will boost the ROI in excess of 7.2%
• Approx 80-85% of the buildings car bays are leased. The bays are in demand in the CBD
• The tenant pays 100% of the outgoings including management fees. $9,291.48 + GST p.a
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Property Details for 59/251 Adelaide Tce, Perth

Building Type
Commercial
Floor Size
50m2
Land Size
50m2
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About Perth 6000

The size of Perth is approximately 4.6 square kilometres. It has 21 parks covering nearly 18.1% of total area. The population of Perth in 2016 was 11425 people. By 2021 the population was 13670 showing a population growth of 19.6% in the area during that time. The predominant age group in Perth is 20-29 years. Households in Perth are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Perth work in a professional occupation.In 2021, 32.50% of the homes in Perth were owner-occupied compared with 35.10% in 2016.

Perth has 12,090 properties. Over the last 5 years, Houses in Perth have seen a 58.68% increase in median value, while Units have seen a 53.17% increase. As at 30 November 2025:

  • The median value for Houses in Perth is $1,306,398 while the median value for Units is $603,973.
  • Houses have a median rent of $850 while Units have a median rent of $725.
There are currently 136 properties listed for sale, and 68 properties listed for rent in Perth on OnTheHouse. According to Cotality's data, 852 properties were sold in the past 12 months in Perth.

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