JLL is pleased to present for sale the 100% freehold interest in Eastpoint Plaza, 233 Adelaide Terrace, Perth.
Perth has consistently outperformed the nation in the 'return to office' since the beginning of COVID-19, recording the strongest net absorption across all Australian office markets in 2023.
Positioned as one of the highest quality buildings in Perth CBD's inner east-end, this commanding 11-storey office tower has been extensively refurbished and gained exceptional leasing momentum over the past 24 months.
Landmark 11-storey CBD office tower with 11,280sqm* NLA and 95 car bays
Extensively refurbished with modern lobby, bathrooms and end-of-trip
Strong tenant support with 33%* of NLA leased or renewed since 2022
Completed spec fit-out delivering immediate lettability
Built-in rental growth via annual fixed reviews
Attractive carparking ratio & rare forecourt visitor parking
Large floorplates with exceptional Swan River views
Significant occupancy cost advantage
3.5-star NABERS Energy rating and 5.5-star NABERS Water rating
Fully leased net income $5.27m p.a.*
Expected attractive return delivering significant margin to borrowing
*Approximate
