Sterling Property is pleased to exclusively present 3 Ord Street, West Perth for sale – an A-Grade office investment prominently positioned within West Perth’s prestigious “Golden Mile”, near the corner of Ord and Havelock Streets.
Fully leased to a diversified tenant profile, the property delivers secure income supported by a 3.48 year WALE (by income as at 1 February 2027), embedded rental growth, highly lettable tenancy sizes, a constrained pipeline of new suburban office supply and significant planning upside under the City of Perth’s draft LPS3.
Extensively refurbished to a high standard via an award-winning $4.6 million transformation, the building comprises quality landlord-owned fitouts across the majority of tenancies and efficient floorplates ranging from approximately 154sqm to 441sqm*, supporting strong leasing appeal and long-term investment performance.
Key Investment Highlights
– 100% leased across seven tenancies spanning six industry sectors
– Net income of $1,068,446.32 p.a.* (as at 1 February 2027 when two new leases commence)
– WALE of 3.48 years by income* (as at 1 February 2027)
– Embedded rental reversion, with recent leasing deals concluded at $425/sqm net, confirming exposure to strengthening West Perth rental rates
– 2,186sqm* NLA over three levels
– Prominent 1,341sqm* Green Title corner landholding, with material planning uplift under draft LPS3 (up to 6.0:1 plot ratio, approximately 8,046sqm* potential GFA)
– 36 on-site car bays (1 per 60sqm* NLA)
– 5.5-Star NABERS Energy Rating and 4.5-Star NABERS Water Rating, incorporating Solar PV
– Premium end-of-trip facilities including 18+ bike racks, lockers, showers and change rooms
Positioned within Perth’s Free Transit Zone, the property is approximately 1.0km from the Perth CBD, 600m from Kings Park and 800m from City West Train Station, with excellent access to the CAT bus network and major arterial roads.
For Sale by Offers to Purchase closing 2:00pm (AWST), Thursday 10 September 2026.
For further information or to arrange an inspection, please contact the exclusive selling agents at Sterling Property.
