|Owner||GDI Property Trust, part of the listed GDI Property Group|
|Independent valuation date||31 December 2018|
|Independent valuation||$251 million|
|Rate/sqm of NLA||$9,574|
|Total NLA (sqm)||26,216|
|Typical floor plate||855|
|Occupancy (by NLA)||86%|
|WALE (by NLA)||2.6 years|
|NABERS Energy rating||5.0 stars|
The 28 storey 197 St Georges Terrace is instantly recognisable is one of Perth’s best located buildings, situated at the very heart of Perth commerce. An imposing office building, the property offers outstanding views over the Swan River and the city surrounds.
197 St Georges Terrace is the largest of three assets in the Mill Green Complex.
The 5.0 Star NABERS rated tower comprises 28 upper levels of office accommodation, providing more than 26,500 sqm of office and retail space, with basement car parking for 93 cars, new end of trip facilities, both plaza and ground level retail accommodation and a large foyer. The building has a very efficient floor plate with a central core and natural light from all four sides.
197 St Georges Terrace has a concrete and glass façade similar to many premium and A grade buildings through the major CBDs of Australia.
A major refurbishment of the building was completed in 2013.