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Investment Highlights

  • High-profile Kings Park Road address
  • Recognized as prime West Perth commercial real estate
  • Mixed-use building with premium finishes
  • Secure basement and surface parking

Executive Summary

58 Kings Park Road is a mixed-use tower of approximately 4,207.39 m² incorporating basement car parking, three full office floors, and premium residential apartments (Levels 3–7). Building design features reinforced concrete slab systems with curtain wall glazing to Kings Park Road frontage. Upper office strata lots are lift-served and secured by electronic control systems. Zoning under the City of Perth Mixed-Use Policy supports professional office, lifestyle and residential engagement, delivering functional elasticity in one of West Perth’s premier precincts.

2 Units Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit Lot 1
  • 4,510 SF
  • Office
  • $2,036,674 ($451.59/SF)
  • $139,104.85
Sale Type Investment
Cap Rate 6.83%
Description
Lot 1, 58 Kings Park Road, West Perth – a secure ground-floor investment opportunity within one of West Perth’s most prestigious mixed-use developments. Spanning 419sqm.
Sale Notes
Sterling Property presents Lot 1, 58 Kings Park Road, West Perth – a secure ground-floor investment opportunity within one of West Perth’s most prestigious mixed-use developments. Spanning 419 m², this full-floor tenancy delivers a stable income stream backed by an established legal practice, ASB Law, under a fully net lease expiring 31 August 2030 with two 3-year options.
Offering $198,066 per annum net income, annual 3.75% increases, and robust lease terms, this property provides an investor-ready asset in a tightly held commercial boulevard environment. The broader building integrates secure basement parking, lift connectivity, and modern amenities, positioned just steps from Kings Park with exceptional access to Perth CBD and arterial networks.
Offered at $2,900,000 on a Going Concern basis, this lot combines long WALE security, premium address credibility, and rental growth mechanics underpinned by zero landlord expense risk via net lease structuring.
  • Unit Lot 3
  • 5,371 SF
  • Office
  • $2,282,480 ($424.96/SF)
  • -
Sale Type Investment or Owner User
Description
Lot 3, Level 2, 58 Kings Park Road is a 499 m² premium office floor suite.
Sale Notes
Sterling Property offers Lot 3, Level 2, 58 Kings Park Road – a 499 m² premium office floor presenting the ultimate owner-occupier or investor prospect in one of Perth’s most coveted commercial environments.
Delivered with vacant possession, this lot comes fully fitted for immediate occupation, integrating modern design frameworks including executive boardrooms, multi-suite meeting rooms, open-plan workspace paradigms, and hospitality-standard kitchen areas. Expansive glazing underscores floor-wide natural light penetration, complemented by CBD adjacency and freeway intercept linkages.
On-title allocation of seven secure undercover car bays reinforces the premium scale and operational advantage inherent to this property.
Purchase at $3,250,000 + GST with optional consolidation opportunities should adjoining strata lots be considered concurrently.
Unit Unit Size Condo Use Price NOI
Unit Lot 1 4,510 SF Office $2,036,674 ($451.59/SF) $139,104.85
Unit Lot 3 5,371 SF Office $2,282,480 ($424.96/SF) -

Unit Lot 1

Unit Size
4,510 SF
Condo Use
Office
Price
$2,036,674 ($451.59/SF)
NOI
$139,104.85

Unit Lot 3

Unit Size
5,371 SF
Condo Use
Office
Price
$2,282,480 ($424.96/SF)
NOI
-

Unit Lot 1

Unit Size 4,510 SF
Condo Use Office
Price $2,036,674 ($451.59/SF)
NOI $139,104.85
Sale Type Investment
Cap Rate 6.83%
Description
Lot 1, 58 Kings Park Road, West Perth – a secure ground-floor investment opportunity within one of West Perth’s most prestigious mixed-use developments. Spanning 419sqm.</li></ul>
Sale Notes
Sterling Property presents Lot 1, 58 Kings Park Road, West Perth – a secure ground-floor investment opportunity within one of West Perth’s most prestigious mixed-use developments. Spanning 419 m&#178;, this full-floor tenancy delivers a stable income stream backed by an established legal practice, ASB Law, under a fully net lease expiring 31 August 2030 with two 3-year options.<br> Offering $198,066 per annum net income, annual 3.75% increases, and robust lease terms, this property provides an investor-ready asset in a tightly held commercial boulevard environment. The broader building integrates secure basement parking, lift connectivity, and modern amenities, positioned just steps from Kings Park with exceptional access to Perth CBD and arterial networks.<br> Offered at $2,900,000 on a Going Concern basis, this lot combines long WALE security, premium address credibility, and rental growth mechanics underpinned by zero landlord expense risk via net lease structuring.</li></ul>

Unit Lot 3

Unit Size 5,371 SF
Condo Use Office
Price $2,282,480 ($424.96/SF)
NOI -
Sale Type Investment or Owner User
Description
Lot 3, Level 2, 58 Kings Park Road is a 499 m&#178; premium office floor suite.</li></ul>
Sale Notes
Sterling Property offers Lot 3, Level 2, 58 Kings Park Road – a 499 m&#178; premium office floor presenting the ultimate owner-occupier or investor prospect in one of Perth’s most coveted commercial environments.<br> Delivered with vacant possession, this lot comes fully fitted for immediate occupation, integrating modern design frameworks including executive boardrooms, multi-suite meeting rooms, open-plan workspace paradigms, and hospitality-standard kitchen areas. Expansive glazing underscores floor-wide natural light penetration, complemented by CBD adjacency and freeway intercept linkages.<br> On-title allocation of seven secure undercover car bays reinforces the premium scale and operational advantage inherent to this property.<br> Purchase at $3,250,000 + GST with optional consolidation opportunities should adjoining strata lots be considered concurrently.</li></ul>

Property Facts

The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 45,284 SF
Property Type Multifamily
Property Subtype Apartment
Building Class B
Floors 3
Typical Floor Size 5,662 SF
Lot Size 0.24 AC
  • Listing ID: 40839415

  • Date on Market: 6/8/2026

  • Last Updated:

  • Address: 58 Kings Park Rd, West Perth, WA 6005

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