|Owner||GDI Property Trust, part of the listed GDI Property Group|
|Independent Valuation Date||30 June 2018|
|Independent Valuation||$316 million|
|Rate/sqm of NLA||$9,694|
|NLA Total (SQM)||32,598|
|Typical Floor Plate||1,833|
|Occupancy (by NLA)||94%|
|WALE (by NLA)||3.3 years|
|Nabers Energy Rating||5.0 stars|
Westralia Square is an A grade property located in a core Perth CBD location on St Georges Terrace, adjacent to Brookfield Place. The property comprises approximately 32,635sqm of net lettable area over 18 levels of office space with an average floor plate of 1,800sqm, above a multilevel car park providing a total of 537 car bays on a mix of tenant and public parking levels.
It was constructed in 1991 and the property currently has a 5.0 star NABERS energy rating. Westralia Square is currently approximately 94% occupied (by NLA) with a weighted average lease expiry (WALE) of 2.1 years (by total NLA). The property is predominantly occupied by State Government departments with lease expiries in the first half of 2020.
To visit the Westralia Square website, please click on the link: Westralia Square Home