Offices for Sale

Lots 28-32/181 Adelaide Terrace East Perth, WA 6004

7.5% Net Return

Building: 651m²

Contact the agent if you'd like further information.

Enquire with Agent

Offices for Sale in East Perth

7.5% Net Return - Premium office investment in East Perth

Building: 651m²

Next Steps:

Enquire with agent

RWC WA is pleased to offer for sale a premium office investment situated on Level 4 at 181 Adelaide Terrace, East Perth.
Located at the iconic Fairlanes Building on Adelaide Terrace, situated in an enviable position on Perth's CBD fringe, benefiting from easy access, impressive amenity and stunning Swan River views.

Five contiguous strata lots situated on the river side of the 4th floor and fitted to a high standard, wrapped around central core amenities and benefiting from Swan River Views.
The property is situated within a 27-storey A-Grade mixed-use tower known as Fairlanes Perth, comprising of ground level retail, 5 levels of office and residential above.

Strata lettable area: 651sqm
Net lettable area: 703.2sqm* (Includes exclusive use corridor area of 52.2sqm**)
Income: $345,134.40 plus GST (effective as at 1 Nov 2024)
Tenancy: FTP Solutions - expiring 31/10/2028
Car parking: 5 secure undercover car bays
Sustainability: 4.5 star NABERS Energy Rating (current to October 2024)

Asset highlights:

South facing over Swan River with an abundance of natural light
CAT bus and Free Transit Zone (FTZ) provides access across the CBD, West Perth and East Perth
Global technology company providing secure income and strong cashflow
End of trip facility with bike racks, male and female changerooms
Situated within a 2012 built A-Grade Mixed-Use Commercial/Residential tower
Electronic Vehicle chargers located within the basement for use of tenants and occupiers of the building

Building features and services include:

Landscaped amphitheater
Exclusive commercial lift lobby with concierge
Lift serving all levels
End of trip facilities including bike racks and changerooms
Electric vehicle charging stations for use of tenants and occupiers of the building
Secure under cover basement parking plus loading bay
Stunning river views

A 100% freehold interest in Strata Lots units 28-32 leased to FTP Solutions situated on Level 4, 181 Adelaide Terrace is offered for sale on an in one line

For further information or to arrange an inspection please contact:

Brett Wilkins
0478 611 168
Brett.wilkins@raywhite.com

Luke Pavlos
0408 823 823
Luke.pavlos@raywhite.com

*Approximately
**Exclusive use area

Building:

651m²

Tenancy:

Tenanted

Energy Rating:

4.5

Categories:

Offices, Medical/Consulting

Next Steps:

Enquire with agent

Share:

Investment Information

Tenancy Status:

Fully Tenanted

Estimated Gross Yield:

N/A (Marketed Without Price)

Estimated Nett Yield:

N/A (Marketed Without Price)

* Total annual expenses are based upon information provided by the vendor. They exclude potential costs that will vary according to the purchaser. Excluded costs include, but are not limited to, management and leasing fees, marketing costs, repairs and maintenance.

All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply