81/251-253 Adelaide Terrace, Perth, WA 6000 | Property Value & History | OnTheHouse
OFF MARKET

81/251-253 Adelaide Terrace
Perth WA 6000

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 150m2
Land area: 173m2
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Property Details for 81/251-253 Adelaide Tce, Perth

Building Type
Commercial
Floor Size
150m2
Land Size
173m2
Local Government
Perth
Lot/Plan
81/S059144

Last Listing description (October 2023)

MMJ Real Estate (WA) is pleased to offer to the market for sale this well priced, professional strata office suite located on the eleventh floor of 251 Adelaide Terrace conveniently located within the Perth CBD.

Property Features:

* 150sqm professional office suite located on the eleventh floor
* City views facing Adelaide Terrace
* Boardroom facilities that can hold 10 people
* 1 Office + open plan work spaces
* Kitchen and break out area
* 2 secure tandem car bays
* End of trip facilities due for completion mid 2023
* Currently leased on a periodic month to month basis (available with vacant possession)

The building is surrounded by a combination of commercial, retail and food based businesses and is conveniently located near the intersection of Victoria Avenue, which marks the commencement of St Georges Terrace, Perth's pre-eminent commercial address.

Nearby freeway systems and train stations, along with front of house bus services and a secure basement car bay affords convenient access to the building.

Building Area: 150sqm
Asking Sale Price: From $600,000 plus GST
Car parking: 2 secure underground car bay (tandem)

To arrange an inspection or for an IM please contact Tom Prout.

Property History for 81/251-253 Adelaide Tce, Perth, WA 6000

A timeline of how this property has performed in the market
Last Sold
$1,000,000
03 Mar 2011
Listed for Rent
$503/w
20 Feb 2019
  • 03 Feb 2023
    Listed for Sale From $600,000 plus GST
  • 17 Jan 2019
    Listed for Rent - Price not available
  • 04 Sep 2018
    Listed for Rent $26,250 / 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.
There are currently 132 properties listed for sale, and 78 properties listed for rent in Perth on OnTheHouse. According to Cotality's data, 866 properties were sold in the past 12 months in Perth.

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.