59/251-253 Adelaide TerracePerth WA 6000
Property Details for 59/251-253 Adelaide Tce, Perth
Last Listing description (January 2026)
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 car bay has just been leased for 12 months with options to a long term tenant in the building needing another bay. The car bay is $350 per month and excludes the DoT levy of approx 107 + GST per month.
OFFERING A 6.74% RETURN AND INCREASING IN JULY
The Opportunity:
- Net annual income $16,840.57* + GST if applicable
- Rent reviews CPI increases 1 July 2026 & 2027
- Lease term - 3 years expiring 30/06/2028
- The tenant pays 100% of the outgoings including management fees. $9,291.48 + GST p.a
For further information or to arrange an inspection, please contact Dylan Croll on 0401 835 454 or Tony Romano on 0407 388 139.
Property History for 59/251-253 Adelaide Tce, Perth, WA 6000
- 08 Dec 2025Listed for Sale $250,000
- 16 Aug 2019Listed for Rent - Price not available
- 10 Oct 2018Listed for Rent $35,030 / year
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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 12,089 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:
- The median value for Houses in Perth is $1,333,731 while the median value for Units is $630,704.
- Houses have a median rent of $850 while Units have a median rent of $730.
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