Sterling Property are pleased to exclusively offer Lots 1, 2 & 3, 58 Kings Park Road, West Perth, a rare opportunity to secure one, two or three adjoining full-floor strata offices, offered individually or in one line, within one of West Perth’s most distinguished locations.
Prominently positioned along the iconic Kings Park Road boulevard, the property offers outstanding corporate appeal, excellent natural light and strong long-term fundamentals for both investors and owner-occupiers. The building is surrounded by blue-chip occupiers and is regarded as one of West Perth’s most tightly held commercial addresses.
Property Overview
Lot 1 (Ground Floor) – Leased Investment
– 419 sqm* full-floor office
– 8 car bays (4 secure undercover / 4 open)
– Net passing income: $198,066 pa
– Approx. 6.83% net yield
– Leased to established legal practice ASB Law
– Lease expiry: 31 August 2030 + 2 x 3-year options
– 3.75% annual rent increases + market review at option
– Fully net lease
Asking Price:
Lot 1 (Ground Floor): $2,900,000 (Going Concern)
Lot 2 (Level 2) & Lot 3 (Level 3) – Owner-Occupiers or Investors
– 499 sqm* per floor or 998 sqm combined*
– 7 secure undercover car bays per floor
– Offered with vacant possession
– Fully fitted premium office accommodation
– Previously occupied by a single corporate occupier across Lots 2 & 3 for over a decade, demonstrating long-term suitability as a consolidated headquarters
– Each floor is fully fitted with modern, functional layouts incorporating open-plan work areas, private offices, meeting rooms, boardrooms, reception areas and kitchen/breakout facilities. Expansive glazing provides excellent natural light across all floors, creating a high-quality working environment.
Asking Price:
Lot 2 (Level 2): $3,250,000 + GST
Lot 3 (Level 3): $3,250,000 + GST
Key Benefits
– Clear investor play via long-leased Lot 1
– Owner-occupier opportunity across 499sqm or 998sqm
– Secure full-floor strata ownership on Kings Park Road
– Premium fitouts already in place
– Strong natural light and corporate appeal
– Blue-chip West Perth location
– Offered individually or in one line
Location
Kings Park Road is one of Perth’s most recognised commercial boulevards, linking the CBD with West Perth and Kings Park. The location is highly sought after by professional services firms, offering ease of access to the CBD, freeway connections and public transport, while benefiting from proximity to cafés, restaurants and Kings Park amenity.
Asking Prices
Lot 1: $2,900,000 (Going Concern)
Lot 2: $3,250,000 + GST
Lot 3: $3,250,000 + GST
Next Steps
For further details or to request the Information Memorandum, please contact the exclusive selling agents Jack Bradshaw or Brian Neo of Sterling Property.
