Sterling Property are pleased to exclusively present Lot 1, 58 Kings Park Road, West Perth – a high-quality, fully leased strata office investment positioned within one of Perth’s most tightly held addresses.

Prominently located along the iconic Kings Park Road, this asset offers investors a rare opportunity to secure a stable income stream underpinned by a long-standing legal tenant benefitting from strong lease terms in a modern building with excellent property fundamentals.

The property comprises a full-floor ground level office with quality existing improvements and abundant natural light, complemented by a valuable allocation of on-site parking.

Leased to established legal practice ASB Law, the investment provides secure cashflow with fixed annual increases and long-term upside through future market reviews.

Investment Summary
– 419sqm* full-floor office
– 8 car bays (4 secure undercover / 4 open)
– Net passing income: $198,066 pa
– Fully net lease structure
– Lease expiry: 31 August 2030 + 2 x 3-year options
– 3.75% annual rent increases

Situated within West Perth’s premier commercial strip, the property benefits from immediate proximity to the CBD, Kings Park, freeway access and a strong surrounding amenity base including cafés and restaurants, supporting long-term tenant demand.

This is a compelling opportunity for investors seeking a secure, set-and-forget asset in a blue-chip location.

Asking Price
$2,900,000 (Going Concern)

For further details or to request the Information Memorandum, please contact the exclusive selling agents Jack Bradshaw or Brian Neo of Sterling Property.