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251 Adelaide Terrace, Perth
The property is located on the southern side of Adelaide Terrace, east of the intersection of Victoria Avenue, one kilometre east of the Perth GPO. Adelaide Terrace is an extension of the prime precinct of St George's Terrace.
251 Adelaide Terrace is an 18 story office building comprising basement parking, a single ground floor retail tenancy and sixteen upper office floors. Total lettable area is 10,038 sqm and there is ample parking with 125 car spaces provided in the basement and rear deck at street level. The building was originally constructed in 1972 and was refurbished in 1995.
The building has a flexible 620sqm floor plate and commands view to East Perth (upper levels) to the north and Swan River views to the south. Currently there are 31 tenancies with major tenants including Connell Wagner, CRD Minproc, Runnge Ltd, GHD and Westscheme.
The Perth CBD office market compromises approximately 1.30 million sqm and according to recently released (August 2008) PCA (Property Council of Australia) statistics, there is currently only vacancy of 0.3%. Whilst new supply will enter the market in early 2009, demand is forecast to continue with a continuing positive outlook for rents.
The building is fully leased.
Marketing Information
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Available Space
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Other Information
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