A freehold office building in West Perth has sold to a local owner occupier for $3 million.

Colliers Investment Services Manager, Shane Isaacs and joint selling agent, Rocco Demaio of SVN I Perth were appointed to sell the property at 6-12 Gordon Street, West Perth and were inundated with enquiries from interested parties.

The property consisted of a two storey, 1,256sqm office building on a 903sqm landholding sold with vacant possession reflecting a strong land rate of $3,322sqm.

Mr Isaacs said “We were pleasantly surprised by the level of interest in the property with buyers being attracted by its premium West Perth address and the rare opportunity to purchase a freehold office in the area.”

The property also gave buyers the option to redevelop the site taking advantage of its city fringe location and generous development guidelines.

Mr Demaio said “Land values in West Perth are steadily increasing due to the tight supply of office buildings offered for sale and an ever-increasing demand from owner-occupiers and investors alike which are reflected in the success of this sales campaign.”

To request a sales analysis please contact the selling agents via the below contact details. 

Related Reading:

Sign up here to receive COMMO newsletters and breaking news sent straight to your inbox.

Westralia Square full floor leased to global leader in the energy industry brokered by Colliers 

Second stage at The Saleyard Midland for lease - Colliers

Neighbourhood Shopping Centres High on Investors’ List - Colliers

A freehold office building West Perth sold to a local owner occupier for $3 million by Colliers & SVN