The Towers at Elizabeth Quay were completed in July 2019 with the retail tenancies now on the market due to open in 2020.

The sites - lots 276, 277, 278, 279 and 280 - are being marketed and sold by Ray White Commercial (WA) Property Advisors Brett Wilkins and Phil Zoiti.
 
Mr Wilkins said the five retail strata lots offered for sale separately or as a portfolio would be complemented by a further $2 billion investment at Elizabeth Quay, including the new Australian Chevron HQ, the two towers at EQ West which recently commenced construction, and the two towers proposed by Brookfield.

At a glance:

• Five retail strata lots - most with ten-year leases -  now for sale at The Towers at Perth’s Elizabeth Quay
• Further $2 billion investment at Elizabeth Quay shows it becoming a key city hub
• The Towers feature 275 luxury apartments with the five retail tenancies located on the ground floor

 
He said The Towers commanded the dominant and prestigious location alongside the Ritz-Carlton Hotel and the Swan River Foreshore on the eastern edge of Elizabeth Quay which was becoming the new heart of Perth's CBD.

“Tenancies here enjoy the lure of the well-connected hub for business, tourism and leisure which is a new focal point for Perth, a city with one of Australia’s most stunning waterfronts,” Wilkins said.

 “The five tenancies comprise The Towers Sales Office, Six Senses, Convenience Store, Argyle Bar and Lucky Necko.
 
“Four of the tenancies offered for sale have new 10-year leases plus options.”
 
Mr Zoiti said Elizabeth Quay had restored a valuable physical and cultural connection between Perth’s city centre and the Swan River.
 
“Elizabeth Quay is truly the new heart of Perth. Sitting alongside the new Ritz-Carlton Hotel and the new HQ for Chevron to commence construction early 2020, and over $2 billion worth of developments, this is as gilt-edged as it can be packaged,” Zoiti said.

“The Towers and Ritz-Carlton Hotel, delivered by Far East Consortium, enjoy unparalleled, panoramic views of the Swan River, as well as high-profile exposure as a landmark in the city’s skyline.”

Mr Zoiti said that The Towers featured 275 luxury apartments, with the five retail tenancies on the ground floor, alongside a second tower with the Ritz-Carlton Hotel which has 205 luxury rooms and 104 luxury apartments above.
 
Expressions of interest close on Wednesday 13 November 2019 at 4pm (AWST).

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