OwnerGDI Office Trust
Fund establishedDecember 2008
SectorOffice

Property Overview

251 Adelaide Terrace is located on the southern side of Adelaide Terrace to the east of the intersection of Victoria Avenue.  Adelaide Terrace is an extension of St Georges Terrace, considered Perth’s pre-eminent address.

The property comprises a modern, 18 level building which was completed in 1972 and extensively refurbished both prior to and during GDI No. 29 GDI Office Trust’s ownership.  The property comprises a net lettable area of approximately 10,000 sqm with parking for 129 vehicles.

In August 2010, GDI Investment Management Pty Limited lodged a strata plan for the property and commenced selling approximately 116 strata lots.  As at 30 June 2015, only 15 lots remain to be sold.