Cygnet West and Knight Frank are proud to present a 100% freehold interest in 34-50 Stirling Street, which is being offered for sale via an Expressions of Interest campaign.
Opportunity to secure a major city-fringe landholding, fully leased to the WA Government, that offers multiple future development opportunities.
Two-storey office building offering 6,657 sqm of NLA, featuring expansive floorplates of 3,999 sqm and 2,658 sqm, along with basement parking for 25 vehicles and dedicated storage facilities.
Significant 6,085 sqm city-fringe landholding with three street frontages, offering potential for future development exceeding 34,000sqm, unrestricted by height limits.
$2.8m of net income underpinned by the state government's Public Transport Authority until December 2025.
The precinct is reshaping Perth's CBD, shifting focus from Adelaide Terrace to become the hub for key government departments, the upcoming Edith Cowan University campus, and a range of associated developments.
The location provides a perfect link between Perth's accessible northern oce precinct, the Perth Train Station and Yagan Square, Northbridge and the Core CBD.
With WA's leading economy and leasing market at its most active in a decade, this asset is positioned to deliver strong future returns.
Expressions of Interest close on Thursday 27th March 2025 at 3pm (AWST).
For further information please contact the below agents.