Recently completed $700,000 refurbishment.
Ground floor and part first floor currently leased to 2 tenants, generating secure holding income. Significant potential for uplift through a leasing campaign or owner-occupier use of the vacant areas.
This contemporary, classically styled office building is a rare offering, blending style with functionality, making it ideal for a wide range of occupiers and investors.
This freshly renovated, sought-after location with unrivalled freeway and CBD access!
Land Area: 751sqm
Building Area: 1,022sqm
24 car bays
Property Features:
• Three elevations of glazing provides remarkable working environment
• Balconies to each of the upper levels
• Each floor plate is partitioned, with mix of open plan areas, offices, meeting spaces, ablutions and amenities
• Proximity to the CBD, surrounding commercial and access from western suburbs
• Easy access to the Mitchell, Kwinana and Graham Farmer Freeways
• Within walking distance to City West Train Station, local amenities and cafes
• Substantial Building on green title
• Tightly held commercial precinct
• Great central West Perth location
• Corner site allows greater frontage, natural light and exposure
• Independent floors - own wet areas, access etc.
• Balcony on levels 1 & 2
• Shower on level 2 and could easily be added to other floors
Exceptional rental and capital growth prospects. Passing income: $170,247 p.a plus outgoings plus GST. Potential income: $418,447 p.a plus outgoings plus GST (before incentives).
For Sale: Offers Invited.
For more information or to arranging a viewing please contact the Selling Agents.
The size of West Perth is approximately 2.3 square kilometres. It has 11 parks covering nearly 10.3% of total area. The population of West Perth in 2016 was 5608 people. By 2021 the population was 6102 showing a population growth of 8.8% in the area during that time. The predominant age group in West Perth is 30-39 years. Households in West Perth are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Perth work in a professional occupation.In 2021, 33.70% of the homes in West Perth were owner-occupied compared with 33.00% in 2016.
West Perth has 5,856 properties. Over the last 5 years, Houses in West Perth have seen a 56.64% increase in median value, while Units have seen a 60.89% increase. As at 31 March 2026:
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