Sterling Property is pleased to exclusively present 49 Ord Street, West Perth – a tightly held freehold office building positioned on one of West Perth’s most prestigious streets, regarded as the suburb’s “Golden Mile.”

This highly flexible asset is ideally suited to owner-occupiers offering the ability to occupy 96sqm, 192sqm or 288sqm initially, while retaining holding income and benefiting from a clear pathway to full building occupation (384sqm) over time.

Owner-Occupier Flexibility
The property comprises four (4) self-contained office suites of 96sqm each (total 384sqm), all held on one freehold title. The configuration allows an owner-occupier to establish an immediate presence on Ord Street, with the ability to expand progressively as business requirements evolve.

Property Details
– Land: 675sqm*
– Lettable Area: 384sqm*
– 12 onsite car bays
– Rear ROW access
– Walk to Kings Park, West Perth & Subiaco amenity
– Excellent CBD, freeway and public transport connectivity

Key Highlights
– Blue-chip Ord Street address
– West Perth’s tightly held Golden Mile
– Owner-occupy 96sqm, 192sqm or 288sqm
– Defined pathway to full 384sqm occupation
– Ground floor tenancies benefit from shower facilities
– Courtyard area on ground floor and balconies on first floor
– Single freehold title – no strata levies
– Shower facilities on the ground floor
– Holding income to offset occupancy and holding costs
– Ideal for professional offices, consulting rooms or boutique headquarters
– Long-term landbanking and redevelopment potential (STCA)
– Passing Net Income: $114,100 p.a. approx.*

Occupation & Expansion
– Immediate partial occupation available
– Ability to expand within the building over time
– Opportunity to consolidate full building control

Tenancy Overview (96sqm x 4)
Suite 1 – Ground Floor Rear: Lease expires 30 September 2027 – no further options.
Suite 2 – Ground Floor Front Facing Ord St: Monthly tenancy (2 months’ notice)
Suite 3 – First Floor Rear: Lease expires 24 January 2027 + 3 year option (Tenant has indicated open to surrendering lease early)
Suite 4 – First Floor Front Facing Ord St: Monthly tenancy (2 months’ notice)

Current Car Bay Configuration
Suite 1 – 2 bays
Suite 2 & 4 – 4 bays
Suite 3 – 4 bays
Currently unregistered – 2 bays
Total – 12 bays

Planning & Future Potential
– Zoned Office / Residential
– Draft City of Perth Planning Scheme No. 3 progressing
-Anticipated uplift supporting mixed-use outcomes (STCA)

Asking Price
Offers From $2,750,000 (Going Concern)

Estimated Statutory Outgoings
Water Rates: $3,829.13 per annum
Council Rates: $10,362.35 per annum
Land Tax: TBA per annum

Inspections
Strictly by private appointment

For further information or to arrange a private inspection, please contact:
Jack Bradshaw
0439 095 336
Senior Partner – Agency
Sterling Property

*Approximate
(STCA) Subject to Council Approval