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10 William Street, Perth, WA, 6000

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10 William Street, Perth, WA, 6000

Perth Cbd

10 William Street, Perth, WA, 6000
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10 William Street, Perth, WA, 6000

Perth Cbd

SOLD
10 William Street, Perth, WA, 6000

10 William Street, Perth, WA, 6000

Properties / Sold / Western Australia / Perth Cbd
Vacant Possession
Selling Method
Contact Agent
Selling Details
Contact Agents
Land Area
1,561 m² (*approx)
Floor Area
4248 m² (*approx)
Property Type
Offices, Land
Sub-type
Office Suites
Zone
City Centre
Car Spaces
30
Show All
UNDER CONTRACT - 10 out of 10 Core CBD Location
  • Value Add Potential
  • Minimal Base Building Capex
  • Huge Underutilised Land Holding

Knight Frank are pleased to present for sale 10 William Street, Perth. A functional 6-storey office building offering a net lettable area of 4,248 sqm* with 30 secure open car bays at the rear. Positioned on 1,561 sqm of prime underdeveloped CBD land, the building enjoys high street exposure and dual access from both William Street and Howards Lane to the rear.

The building has undergone significant base building upgrades amounting to over $2.5m, enhancing efficiency and transforming it into a modern building, future proofing the asset with prospective buyers benefitting from minimal capital expenditure outlay in the short-medium term.

With 24% of the building currently vacant and the potential for up to 74% vacancy by the end of 2023, the property offers a prime opportunity for an incoming owner to embark on a successful refurbishment and leasing campaign or owner occupation.

Through strategic refurbishment and leasing efforts, the property can achieve true value-add returns, enhancing market appeal, total returns and increasing book value.

Investment Highlights

• Core CBD location

• Net lettable area of 4,248 sqm* with 30 secure open car bays

• Potential fully leased income $2,042,164 pa*

• Attractive balance between holding income and repositioning potential.

• 4-Star NABERS Energy Rating

• Classroom 9B Certification on majority of floors

• Underdeveloped site area of 1,561 sqm with huge development potential

• Minimal base building capital expenditure in the short-to-medium term

For sale by ‘Expressions of Interest’. For further information, please contact the exclusive selling agents:

Tony Delich

0418 926 410

[email protected]

Zach Schreier

0452 071 037

[email protected]

*Approx

Remember to mention you found this property on CommercialReady

Read More
Vacant Possession
Vacant Possession

10 William Street Investment Summary

Property Type
Offices, Land
Sub-type
Office Suites
Land Area
1,561 m² (*approx)
Floor Area
4248 m² (*approx)
Zone
City Centre
Car Spaces
30
Selling Method
Contact Agent
Selling Details
Contact Agents

Investment Highlights

UNDER CONTRACT - 10 out of 10 Core CBD Location
  • Value Add Potential
  • Minimal Base Building Capex
  • Huge Underutilised Land Holding

Knight Frank are pleased to present for sale 10 William Street, Perth. A functional 6-storey office building offering a net lettable area of 4,248 sqm* with 30 secure open car bays at the rear. Positioned on 1,561 sqm of prime underdeveloped CBD land, the building enjoys high street exposure and dual access from both William Street and Howards Lane to the rear.

The building has undergone significant base building upgrades amounting to over $2.5m, enhancing efficiency and transforming it into a modern building, future proofing the asset with prospective buyers benefitting from minimal capital expenditure outlay in the short-medium term.

With 24% of the building currently vacant and the potential for up to 74% vacancy by the end of 2023, the property offers a prime opportunity for an incoming owner to embark on a successful refurbishment and leasing campaign or owner occupation.

Through strategic refurbishment and leasing efforts, the property can achieve true value-add returns, enhancing market appeal, total returns and increasing book value.

Investment Highlights

• Core CBD location

• Net lettable area of 4,248 sqm* with 30 secure open car bays

• Potential fully leased income $2,042,164 pa*

• Attractive balance between holding income and repositioning potential.

• 4-Star NABERS Energy Rating

• Classroom 9B Certification on majority of floors

• Underdeveloped site area of 1,561 sqm with huge development potential

• Minimal base building capital expenditure in the short-to-medium term

For sale by ‘Expressions of Interest’. For further information, please contact the exclusive selling agents:

Tony Delich

0418 926 410

[email protected]

Zach Schreier

0452 071 037

[email protected]

*Approx

Remember to mention you found this property on CommercialReady

Read More
Vacant Possession
Tony Delich
Tony Delich
+61 *** *** *** show +61 418 926 410
Zach Schreier
Zach Schreier
+61 *** *** *** show +61 452 071 037

Download Development Site Report
Tony Delich
Tony Delich
+61 *** *** *** show +61 418 926 410
Zach Schreier
Zach Schreier
+61 *** *** *** show +61 452 071 037

Property Location of 10 William Street, Perth, WA, 6000

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Perth Cbd Suburb Report About this data Demographic data is sourced from the Australian Bureau of Statistics (ABS) 2021 Census and reflect conditions at the time of collection.

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10 William Street, Perth, WA, 6000

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10 William Street, Perth, WA, 6000 Perth Cbd
Knight Frank - Perth
Knight Frank - Perth
Lvl 37, Exchange Tower, 2 The Esplanade PERTH, WA 6000
View Agency Profile
Tony Delich
Tony Delich
+61 *** *** *** show +61 418 926 410
Zach Schreier
Zach Schreier
+61 *** *** *** show +61 452 071 037
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