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Knight Frank - Perth
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66 Kings Park Road West Perth, WA 6005

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For Sale - Expression of Interest

66 Kings Park Road
West Perth, WA 6005

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Land area

3168.0m²

Floor area

4700.0m²

Property extent

Whole

Tenure type

Tenanted Investment

NABERS

0.0

West Perth's Finest Address

Knight Frank, as exclusive selling agents, are delighted to offer for sale via an Expressions of Interest campaign, 66 Kings Park Road, West Perth.


66 Kings Park Road is a multi-tenanted office building located at the western end of the prestigious Kings Park Road, adjacent to Perth’s landmark Kings Park and Botanic Garden. Constructed in 1989, the building has recently received a comprehensive
$6,500,000 refurbishment. This 6-storey office building provides a diverse income stream across 12 tenants with potential development upside.


INVESTMENT HIGHLIGHTS

- Fully leased across 12 tenants with a weighted average lease expiry of 4 years by income (as at 31 December 2019)
- Comprehensive $6,500,000 refurbishment program addressed every aspect of the building including electrical and mechanical infrastructure, vertical transport, security systems, lobbies, bathrooms, end-of-trip facilities and amenity deck
- Total passing income of $2,185,000* as at 31 December 2019
- Property Council of Australia A-Grade Classification
- Projected 3.5 Star NABERS Energy Rating
- Development opportunity for 1,970 sqm of residential / special residential (STCA)**
- Located opposite Perth’s landmark Kings Park and Botanic Garden



The 100% freehold interest is offered via an Expressions of Interest Campaign, closing at 4pm Australian Eastern Standard Time (AEST) on 7 November 2019.


*Approx
*Subject to Council Approval (STCA)

Property ID: 503358630Last Updated: 16 Oct 2019

0409 *** ***
Knight Frank - Perth
66 Kings Park Road
West Perth, WA 6005
Todd Schaffer

Knight Frank - Perth

Lvl 10, Exchange Tower, 2 The Esplanade
PERTH, WA 6000

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Knight Frank - Perth

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Knight Frank - Perth

Lvl 10, Exchange Tower, 2 The Esplanade
PERTH, WA 6000
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Todd Schaffer

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Todd Schaffer
Knight Frank - Perth
66 Kings Park Road West Perth, WA 6005

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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