83/77 Mill Point RoadSouth Perth WA 6151
Property Details for 83/77 Mill Point Rd, South Perth
Last Listing description (November 2025)
Strata units 3, 7, 8, 9 and 13 at 83-77 Mill Point Road, South Perth, offered together as one consolidated holding, make up an entire building fronting Mill Point Road. The site also contains a separate building with other strata units, not included in this sale. Located in the heart of South Perth's prized commercial and residential precinct, this exceptional office investment comprises a standalone three-level building, fully leased and delivering secure income.
Key Features:
• 685 sqm of floor area over 3 levels with 27 exclusive use car bays allocated to the property
• Net lease, tenant pays all outgoings*
• Fully leased, providing a net annual income of $225,000
• Lease terms: 5 + 5 years with fixed annual rent reviews of 3%
• Quality internal fit-outs and functional layouts across all levels
• Direct exposure to Mill Point Road and walking distance to Mends Street and South Perth foreshore
• Excellent access to Perth CBD via Kwinana Freeway and public transport
Location:
Situated on the prominent Mill Point Road, the property enjoys superb connectivity and convenience in one of Perth's most desirable inner-city locales. The property is:
• Just 3km from the Perth CBD, with direct access via the Kwinana Freeway
• A short 600m walk to the vibrant Mends Street dining and retail precinct
• Approximately 500m from the South Perth Foreshore and ferry terminal
• Within easy reach of public transport, including bus routes along Mill Point Road
• Surrounded by cafes, restaurants, parklands and premium residential developments
This sought-after riverside suburb continues to attract strong demand from commercial tenants and investors alike due to its proximity to the city, lifestyle amenity, and ongoing development activity. This is a rare opportunity to secure a fully-leased commercial investment in one of Perth's most tightly held and strategically positioned precincts.
For more information or to arrange an inspection, please contact the exclusive selling agents, Inside Commercial.
*Approximate
Property History for 83/77 Mill Point Rd, South Perth, WA 6151
- 01 Aug 2025Sold
- 13 Jun 2025Listed for Sale Price Guide On Request
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About South Perth 6151
The size of South Perth is approximately 5.2 square kilometres. It has 20 parks covering nearly 28.6% of total area. The population of South Perth in 2016 was 12053 people. By 2021 the population was 12596 showing a population growth of 4.5% in the area during that time. The predominant age group in South Perth is 20-29 years. Households in South Perth are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in South Perth work in a professional occupation.In 2021, 54.60% of the homes in South Perth were owner-occupied compared with 54.00% in 2016.
South Perth has 8,793 properties. Over the last 5 years, Houses in South Perth have seen a 82.48% increase in median value, while Units have seen a 86.35% increase. As at 30 November 2025:
- The median value for Houses in South Perth is $2,080,028 while the median value for Units is $891,478.
- Houses have a median rent of $850 while Units have a median rent of $723.
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