Savills | The Victoria, 14-16 Victoria Avenue, Perth | Properties for sale
5,352 sq m
Price on application

The Victoria14-16 Victoria Avenue, Perth

  • Freehold

Key features

  • Striking 10 level building comprising 5,352sq m*
  • Prominent 968sq m* corner site with frontage to Victoria Avenue and Hay Street
  • Benefits from substantial capital works proramme resulting in high quality tenant facilities
  • Fantastic location offering suburb amenity and connectivity
  • 0-Star NABERS Energy Rating

Value Add Office Investment

About this property

  • Savills and Knight Frank, as joint exclusive selling agents, are pleased to offer a compelling opportunity to acquire a 100% freehold office asset in the heart of the legal precinct of the Perth CBD.

    - Contemporary 10 level, 5,352sq m* office tower in the eastern precinct of the Perth CBD

    - Occupies an exceptional 1,125sq m* corner site with dual frontage to Victoria Avenue and Hay Street

    - Benefits from over $7 million* capital expenditure spent

    - The asset has been strategically repositioned to benefit from rising rental demand and falling vacancies in the Perth office market

    - Offers a superb setting for work-life balance supported by extensive major public infrastructure

    - Income producing asset available at well below replacement cost with a potential fully leased net income of $2.25 million*

    - 0-Star NABERS Energy rating. The previous rating with a higher occupancy was 3.5-star NABERS Energy rating

    This is an exceptional opportunity to secure a prime Perth CBD real estate via an Expressions of Interest sales campaign closing Thursday 24th October 2019 at 2pm (AWST).


    *approx

Available space

LevelTenancySale TypePriceAreaSqmStatus
n aExpression of Interest5352.00sq m