Bankwest Tower, 108 St George's Terrace, Perth
Key Property Information
BankWest Tower is a landmark, Premium Grade office building comprising 52 levels of office accommodation, the Palace Hotel complex and basement parking over two levels for 123 vehicles.
Completed in 1989, Bankwest Tower is located at the corner of St George’s Terrace and William Street, a premier CBD location and offers extensive views of the Swan River, parklands and the Supreme Court Gardens.
Key Information
| Location: | Perth CBD, WA |
| Acquisition Date: | April 2007 |
| Ownership/Title: | 50%/Freehold |
| Independent Valuation: | December 2007 |
| Valuation ($/m2): | $185.0 million ($9,361/m²*) |
| Capitalisation Rate: | 6.30% |
| Discount Rate: | 8.25% |
| Net Lettable Area: | 39,525m² |
| Car Parking Spaces: | 123 |
