226 Adelaide Terrace

Asset Type

Office

Address
226 Adelaide Terrace Perth, WA Australia 6000
Asking Price

Contact for pricing

Sq Footage

41,097

Year Built

2010

Cap Rate

N/A

Additional Attributes

Property Description

JLL and CBRE as joint exclusive selling agents are pleased to offer for sale a rare opportunity to acquire a 100% freehold interest in ENI House, a modern A Grade office building in Perth’s CBD.


Key highlights are:

-         Contemporary seven level office building with 14,391sqm* NLA and 94 car bays

-         100% leased to high profile corporate and government tenants (over 60% to government)

-         Large flexible floor plates with a striking central atrium and an abundance of natural light

-         Net income of approx $9.928M*

-         WALE of 2.3 years* - ideal timing to reset leases in an improving market

-         High profile corner position fronting Adelaide Terrace and Hill Street

-         Built in 2010, with limited capital expenditure and significant depreciation benefits

-         Generous car parking ratio of one bay per 151sqm of office accommodation

-         5 Star NABERS Energy Rating


With a timely lease expiry profile in 2020 and 2021, ENI House presents an excellent opportunity to capitalise on the rapidly improving Perth office market forecast over the next two to three years. 

For Sale via Expressions of Interest closing Wednesday 14th November 2018 at 2pm (AWST).

*Approx. 

Investment Highlights

Listing Contacts
John Williams
John Williams
Managing Director - WA
+65 3159 4021
Sean Flynn
Sean Flynn
Associate Director, Sales & Investments - WA
+65 3159 4021
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