23 Ventnor Avenue, West Perth delivers high quality fitted space in the sub 500sqm market.

The West Perth office market has been one of the shining beacons across the country with sustained periods of positive net absorption and net rental growth.

A recent leasing deal completed by Colliers Office Leasing Executive, Tessa Scholten and National Office Leasing Director, Jemma Hutchinson has successfully been executed in the modern 23 Ventnor, West Perth building located in the heart of West Perth.

FSG Geotechnics required a high quality speculative fit out with requirements for upgrading accommodation and found the perfect match at 23 Ventnor. 

Ms Scholten said “There is a distinct lack of high quality fitted space in the sub 500sqm market in West Perth. As such, 23 Ventnor Ave West Perth was one of the very few remaining options which provided the lessee the ability to move into a turnkey office solution. It’s a tight market to find the right fit.”

Ms Scholten said “One of the key upgrades we are seeing from tenants is they are increasingly choosing flexible workspace layouts and collaborative amenities, reflecting the changing preferences of modern businesses in West Perth’s office market. Prompting Landlords to adjust their offerings to meet the shifting demand for enhanced employee well-being.”

Colliers Associate Director of Office Leasing, Antonio Trimboli said “The West Perth office market has been one of the shining beacons across the country with sustained periods of positive net absorption and net rental growth. Whilst the most recent PCA data has shown an increase in the vacancy rate, this is largely due to a single occupier vacating as a result of a contract loss."

“Sentiment in the market remains strong and we anticipate continued net rental growth to occur over the coming periods with landlords being the beneficiaries of further rental growth and tightening of incentives” Mr Trimboli said.

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Below: Colliers Office Leasing Executive, Tessa Scholten