58 Mounts Bay Road, Perth
Overview
58 Mounts Bay Road, also known as Alluvion, is a contemporary A-Grade office building located in the central forefront of the Perth CBD with dual access on St George Terrace. The 20-level tower features an impressive triple height marble clad ground floor lobby with a plaza café on the external landscaped terrace.
The property benefits from large, efficient, column-free floor plates with breathtaking views of the Swan River and the city on all but the first level.
The building has direct access to public transport from walkway bridges over Mounts Bay Road to the Esplanade Train and Bus Stations. Car parking is provided across three basement levels, as well as end-of-trip facilities including bicycle racks and lockers.
Being at the heart of the city centre the building is surrounded by a variety of clothing retailers, world class restaurants, bars and cafés, fitness facilities, hotels and childcare services.
- Triple height ground floor lobby with plaza café
- Large efficient column-free floor plates
- Direct access to public transport
Asset Information
- Asset typeA Grade - office
- Year built2010
- Asset locationPerth CBD
- Site area (hectares)0.34
- Lettable area ('000sqm)22.27
- Lettable area adjusted for ownership ('000sqm)5.57
- Typical floor area (sqm)1570
- Car parking spaces96
- OwnerDXS
- Ownership (%)25
- Co-ownerDexus Office Partner, Cape Bouvard Investments Pty Ltd
- Major tenantNational Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA)
- Acquisition dateApril 2014
- Book value at ownership ($m)50.0
- Independent valuation dateJune 2024
- Independent valuation at ownership ($m)50.0
- Market cap rate (%)7.00
- 12 month rolling yield (%)5.69
- Leased by area (%)98
- Weighted lease term by income (years)3.8
- NABERS Energy rating (with Green Power)5.0
- NABERS Energy rating (without Green Power)5.0
- NABERS Indoor Environment6.0
- NABERS Waste2.0
- NABERS Water rating4.0
- Green Star rating4.0 Star (Office Design v2) 4.0 Star (Performance v1.2)