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Investment Highlights

  • Established riverside development with integrated amenities
  • Wellness-based advantage with gym, pool, and communal spaces
  • Quality office environment with contemporary finishes
  • Valuable on-site parking allocation supporting business access
  • Significant connectivity to Perth CBD via major arterial highways

Executive Summary

The property forms part of a mixed-use, strata-titled development in Mount Pleasant, featuring ground and upper-level office suites designed for small to mid-sized businesses. The remaining floors have residential spaces. Each tenancy offers secure accommodation with dedicated parking and access to high-quality lifestyle amenities, including fitness and recreational facilities. Prominently positioned near Canning Highway, the location delivers direct connectivity to the Perth CBD and key southern metropolitan business hubs, ensuring both convenience and profile appeal.

3 Units Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit C3
  • 839 SF
  • Office
  • $344,362 ($410.44/SF)
  • $17,436.89
Sale Type Investment or Owner User
Cap Rate 5.06%
No. Parking Spaces 2
APN/Parcel ID S043064
Description
Suite C3 at 1 The Esplanade, Mount Pleasant forms part of a premium mixed-use strata complex adjacent to the river within the Canning Bridge activation area. The property comprises a compact office tenancy with internal meeting space, a private balcony, and secure parking bays located underneath the building. Key building amenities include lift access, visitor parking, and contemporary common facilities. The location benefits from excellent arterial connectivity, being less than 10 minutes to Perth CBD, and proximity to rail, bus links, and retail lifestyle hubs. This site falls under a zoned commercial framework promoting continued professional and business occupancy.
Sale Notes
Suite C3 within the prestigious 1 The Esplanade commercial complex in Mount Pleasant offers a high-quality leased investment in one of Perth’s most desirable riverside locations. This A-Grade office asset is securely leased to an established tenant, delivering immediate income and long-term growth potential underpinned by the precinct's enduring appeal and limited supply.
The suite provides a total stratum area of approximately 91 square meters, incorporating 47 square meters of stylish internal office space and a 15-square-meter private balcony, complemented by two secure underground car bays. With quality finishes throughout, functional workspace design, and ample natural light, this asset aligns with the requirements of modern occupiers.
  • Unit C4
  • 839 SF
  • Office
  • $1,793,550 ($2,137.72/SF)
  • $86,090.40
Sale Type Investment or Owner User
Cap Rate 4.80%
No. Parking Spaces 3
APN/Parcel ID S043064
Description
Suite C4 at 1 The Esplanade represents a large-format strata office asset benefiting from prime positioning in a riverside mixed-use development. Featuring full-floor planning flexibility, private balconies, and secure basement parking, the property is located within a key growth zone that promotes commercial retention with ongoing infrastructure and planning commitments. The site offers convenient highway and freeway linkages, complemented by strong access to rail and bus services at Canning Bridge interchange, supporting connectivity to Perth CBD and the southern corridor.
Sale Notes
Comprising nearly 400 square meters of total strata area, the suite features a high-quality internal fit-out including private offices, meeting rooms, and open-plan workspaces, complemented by two private balconies delivering both function and lifestyle appeal. Eight secure basement parking bays provide unmatched convenience within this tightly held market. Currently leased to an established tenant through January 2028, the property produces an annual rental return of approximately $120,000 plus GST, supported by favorable leasing terms and annual CPI-linked increases. With mounting demand for well-located office accommodation in mixed-use activity centers, this asset offers stability with potential upside through scarcity-driven capital growth.
  • Unit C5
  • 839 SF
  • Office
  • $466,323 ($555.81/SF)
  • -
Sale Type Investment or Owner User
No. Parking Spaces 3
APN/Parcel ID S043064
Description
Suite C5 at 1 The Esplanade, Mount Pleasant is an upper-level office suite within a premium A-Grade strata complex overlooking the river in Perth's inner south corridor. The property offers approximately 63 square meters of internal area together with a 15sqm private balcony and multiple secure car bays. Internal configuration includes a reception zone and adaptable open-plan workspace finished to a modern standard. Building facilities include shared boardrooms, leisure amenities such as a gym and pool area, and lift access to all levels. The complex enjoys proximity to the Canning Bridge interchange, major arterial routes, and surrounding cafés and retail operators. Zoning supports ongoing commercial use with strata management overseeing building operations.
Sale Notes
This premium riverside office suite is strategically positioned within the tightly held 1 The Esplanade commercial complex in Mount Pleasant, one of Perth’s most sought-after professional and lifestyle destinations. Located within a modern A-Grade building, the property combines convenience, amenity, and connectivity just minutes from Perth CBD. Suite C5 provides a total stratum area of approximately 122 square meters, including 63 square meters of high-quality internal office space and a private 15-square-meter balcony offering an enhanced workplace environment with outdoor appeal. The layout features a contemporary fit-out with a large reception/waiting area and an open-plan workspace designed for functional flexibility. With three secure car bays included on title, the property ensures practical access for professionals and visitors alike.
Unit Unit Size Condo Use Price NOI
Unit C3 839 SF Office $344,362 ($410.44/SF) $17,436.89
Unit C4 839 SF Office $1,793,550 ($2,137.72/SF) $86,090.40
Unit C5 839 SF Office $466,323 ($555.81/SF) -

Unit C3

Unit Size
839 SF
Condo Use
Office
Price
$344,362 ($410.44/SF)
NOI
$17,436.89

Unit C4

Unit Size
839 SF
Condo Use
Office
Price
$1,793,550 ($2,137.72/SF)
NOI
$86,090.40

Unit C5

Unit Size
839 SF
Condo Use
Office
Price
$466,323 ($555.81/SF)
NOI
-

Unit C3

Unit Size 839 SF
Condo Use Office
Price $344,362 ($410.44/SF)
NOI $17,436.89
Sale Type Investment or Owner User
Cap Rate 5.06%
No. Parking Spaces 2
APN/Parcel ID S043064
Description
Suite C3 at 1 The Esplanade, Mount Pleasant forms part of a premium mixed-use strata complex adjacent to the river within the Canning Bridge activation area. The property comprises a compact office tenancy with internal meeting space, a private balcony, and secure parking bays located underneath the building. Key building amenities include lift access, visitor parking, and contemporary common facilities. The location benefits from excellent arterial connectivity, being less than 10 minutes to Perth CBD, and proximity to rail, bus links, and retail lifestyle hubs. This site falls under a zoned commercial framework promoting continued professional and business occupancy.</li></ul>
Sale Notes
Suite C3 within the prestigious 1 The Esplanade commercial complex in Mount Pleasant offers a high-quality leased investment in one of Perth’s most desirable riverside locations. This A-Grade office asset is securely leased to an established tenant, delivering immediate income and long-term growth potential underpinned by the precinct&#39;s enduring appeal and limited supply.<br> The suite provides a total stratum area of approximately 91 square meters, incorporating 47 square meters of stylish internal office space and a 15-square-meter private balcony, complemented by two secure underground car bays. With quality finishes throughout, functional workspace design, and ample natural light, this asset aligns with the requirements of modern occupiers.</li></ul>

Unit C4

Unit Size 839 SF
Condo Use Office
Price $1,793,550 ($2,137.72/SF)
NOI $86,090.40
Sale Type Investment or Owner User
Cap Rate 4.80%
No. Parking Spaces 3
APN/Parcel ID S043064
Description
Suite C4 at 1 The Esplanade represents a large-format strata office asset benefiting from prime positioning in a riverside mixed-use development. Featuring full-floor planning flexibility, private balconies, and secure basement parking, the property is located within a key growth zone that promotes commercial retention with ongoing infrastructure and planning commitments. The site offers convenient highway and freeway linkages, complemented by strong access to rail and bus services at Canning Bridge interchange, supporting connectivity to Perth CBD and the southern corridor.</li></ul>
Sale Notes
Comprising nearly 400 square meters of total strata area, the suite features a high-quality internal fit-out including private offices, meeting rooms, and open-plan workspaces, complemented by two private balconies delivering both function and lifestyle appeal. Eight secure basement parking bays provide unmatched convenience within this tightly held market. Currently leased to an established tenant through January 2028, the property produces an annual rental return of approximately $120,000 plus GST, supported by favorable leasing terms and annual CPI-linked increases. With mounting demand for well-located office accommodation in mixed-use activity centers, this asset offers stability with potential upside through scarcity-driven capital growth.</li></ul>

Unit C5

Unit Size 839 SF
Condo Use Office
Price $466,323 ($555.81/SF)
NOI -
Sale Type Investment or Owner User
No. Parking Spaces 3
APN/Parcel ID S043064
Description
Suite C5 at 1 The Esplanade, Mount Pleasant is an upper-level office suite within a premium A-Grade strata complex overlooking the river in Perth&#39;s inner south corridor. The property offers approximately 63 square meters of internal area together with a 15sqm private balcony and multiple secure car bays. Internal configuration includes a reception zone and adaptable open-plan workspace finished to a modern standard. Building facilities include shared boardrooms, leisure amenities such as a gym and pool area, and lift access to all levels. The complex enjoys proximity to the Canning Bridge interchange, major arterial routes, and surrounding caf&#233;s and retail operators. Zoning supports ongoing commercial use with strata management overseeing building operations.</li></ul>
Sale Notes
This premium riverside office suite is strategically positioned within the tightly held 1 The Esplanade commercial complex in Mount Pleasant, one of Perth’s most sought-after professional and lifestyle destinations. Located within a modern A-Grade building, the property combines convenience, amenity, and connectivity just minutes from Perth CBD. Suite C5 provides a total stratum area of approximately 122 square meters, including 63 square meters of high-quality internal office space and a private 15-square-meter balcony offering an enhanced workplace environment with outdoor appeal. The layout features a contemporary fit-out with a large reception/waiting area and an open-plan workspace designed for functional flexibility. With three secure car bays included on title, the property ensures practical access for professionals and visitors alike.</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 40,655 SF
Property Type Multifamily
Property Subtype Apartment
Building Class C
Floors 6
Typical Floor Size 6,781 SF
Lot Size 0.78 AC

Amenities

Site Amenities

  • Pool
  • Sauna
  • Listing ID: 40658941

  • Date on Market: 5/25/2026

  • Last Updated:

  • Address: 1 The Esplanade, MOUNT PLEASANT, WA 6153

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