Fully leased Quality Investment, Great location, flexible options with substantial holding income ideally suits either the investor or future owner / occupier.
Lots 26, 27, 28 & 29 - 189 St Georges Terrace - Must be Sold
189 St Georges Terrace is a boutique style 10 level strata office building with basement car parking. Located on southern side of St Georges Terrace in the business epi-centre of Perth. With public transport at your door, short stroll from the rail service, cities CAT Service hop on hop off bus service.
Supported by a plethora of cafes, restaurants, banks, shops, theatres and down town retail. Here's the opportunity to take an advantage of some of the cheapest, character sheik commercial office space or consulting rooms in Perth either as a whole floor providing 415 sqm (approx.) office space down to single office opportunity starting from 93 sqm or a combination thereof.
On Offer:
Combination either open plan or fixed office
Some with internal kitchen facilities / shared amenities
Sophisticated entry
Natural light
Adjoining tenancies
High ceilings
Flexible Options
Lots for Sale individually or whole floor
Landmark Terrace building
Extremely competitive out goings.
Substantial Holding Income, comprising;
Units 27 & 28 - Leased, 205 m2 (SLA), $54,200 p.a net plus outgoings plus GST, 1+1+1 Comm 1 July 2023, in addition, 1 car bay Owned by Lot 26 @ $350 / bay / month plus GST.
Units 26 & 29 - Leased, 210 m2 (SLA), $45,000 p.a Gross plus GST, 2+1 Comm 1 October 2024
The owners very motivated sellers and all offers will be considered. Please feel free to arrange a private inspection you will not be disappointed.
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 12,089 properties. Over the last 5 years, Houses in Perth have seen a 58.72% increase in median value, while Units have seen a 56.21% increase. As at 31 December 2025:
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