72/251 Adelaide Terrace, Perth, WA 6000 | Commercial for sale | OnTheHouse
 
FOR SALE
$350,000 No GST

72/251 Adelaide Terrace
Perth WA 6000

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 83m2
Land area: 96m2
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Established CBD Education Tenant Offering High Yield

NAI Harcourts Metro, as exclusive agents, is pleased to present Lot 72, 251 Adelaide Terrace, Perth, an opportunity to acquire an affordable leased commercial investment in the heart of the Perth CBD.
The 83sqm* strata unit forms part of Level 9, which is occupied in its entirety by SMR Learning Services (TrainSmart Australia) across eight adjoining units. Rather than operating from Lot 72 in isolation, the property forms an integral part of the tenant's larger education and training facility spanning the entire floor.
TrainSmart Australia has occupied premises on Level 9 for more than 10 years, demonstrating a long-standing commitment to the location. The tenant continues to occupy the entire floor and, to the vendor's knowledge, has no current plans to relocate.
TrainSmart operates an established education and training facility, delivering a broad range of courses and qualifications across health and community services, remedial massage, information technology, leadership and business, together with a range of diploma and certificate programs.
The extensive existing fit-out reflects the tenant's operations and incorporates reception and waiting areas, classrooms, practical training areas, consultation and treatment spaces, kitchenette and staff amenities. The premises also benefit from extensive windows providing natural light and elevated outlooks across the surrounding CBD.
Lot 72 is currently leased to SMR Learning Services on a three-year term expiring 15 June 2028, generating net rental income of $22,223.48* p.a., with a 3.5% rental increase scheduled for 16 June 2027.
The associated car bay provides an additional and diversified income stream, being separately leased to another party for $3,600* p.a. This brings the property's total net rental income to $25,823.48* p.a.
With a long-established tenant occupying the entire floor, an existing education and training fit-out, scheduled rental growth and additional income from the separately leased car bay, Lot 72 represents an attractive entry-level CBD investment opportunity for private investors and SMSF purchasers.
The outgoings for this lot are approximately $13,611.73 p.a inclusive of management fees and is all paid by the tenant.
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Property Details for 72/251 Adelaide Tce, Perth

Building Type
Commercial
Floor Size
83m2
Land Size
96m2
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About Perth 6000

The size of Perth is approximately 4.6 square kilometres. There are 21 parks, covering nearly 18.1% of the 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 12,120 properties. Over the last 5 years, Houses in Perth have seen a 49.68% increase in median value, while Units have seen a 55.84% increase. As at 31 August 2026:

  • The median value for Houses in Perth is $1,455,773 while the median value for Units is $689,610.
  • Houses have a median rent of $870 while Units have a median rent of $750.
There are currently 184 properties listed for sale, and 74 properties listed for rent in Perth on OnTheHouse. According to Cotality's data, 757 properties were sold in the past 12 months in Perth.

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