255 and 267 St Georges Terrace, Perth
Key Property Information
267 St George’s Terrace is a four level office building constructed in 1982 with a total NLA of 3,484m² and secure basement car parking for 39 cars.
255 St George’s Terrace is a two level office building constructed in 1987 with a total NLA of 590m². The building comprises accommodation that features a central atrium providing extensive natural light.
The site has a medium term redevelopment potential.
Key Information
| Location: | Perth CBD, WA |
| Acquisition Date: | July 2007 |
| Ownership/Title: | 100% Freehold |
| Independent Valuation: | June 2007 |
| Valuation ($/m2): | $26.1m/$6,408m² |
| Capitalisation Rate: | 7.75% |
| Discount Rate: | 9.25% |
| Net Lettable Area: | 4,073m² |
| Car Parking Spaces: | 87 |
