An extraordinary opportunity to secure a recently refurbished, fully leased investment building located in the heart of one of Perth's premier commercial/industrial locations.1 Whipple Street is an imposing, contemporary two level office building, boasting a corner position with a commanding street presence and address.Fully leased, predominantly to a single corporate tenant (Duratec), the property offers rare floor plate sizes of approximately 1,200sqm each with a total building area of 2,369.5sqm. Sitting on a land area of 4,083sqm the property boasts a generous parking ratio of approximately 1:35sqm.With a net passing rental of $509,162.72p.a. 1 Whipple Street represents a solid investment asset, within an extremely tightly held locale.Land: 4,083sqm Building: 2,370sqm Parking: 69 bays *4star NABERS RatingQuality Improvements ASX listed tenant Offers to PurchaseFor more information or to arrange an inspection please contact the Sales Agents.
The size of Balcatta is approximately 7.1 square kilometres. It has 28 parks covering nearly 10.2% of total area. The population of Balcatta in 2016 was 10382 people. By 2021 the population was 10813 showing a population growth of 4.2% in the area during that time. The predominant age group in Balcatta is 30-39 years. Households in Balcatta are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Balcatta work in a professional occupation.In 2021, 65.30% of the homes in Balcatta were owner-occupied compared with 63.80% in 2016.
Balcatta has 6,719 properties. Over the last 5 years, Houses in Balcatta have seen a 107.38% increase in median value, while Units have seen a 132.60% increase. As at 31 March 2026:
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