58 Kings Park Road, West Perth, WA 6005 | Property Value & History | OnTheHouse
OFF MARKET

58 Kings Park Road
West Perth WA 6005

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Property Details for 58 Kings Park Rd, West Perth

Building Type
Commercial
Local Government
Perth
Lot/Plan
51/P063852

Last Listing description (March 2026)

Sterling Property are pleased to exclusively offer Lots 1, 2 & 3, 58 Kings Park Road, West Perth, a rare opportunity to secure one, two or three adjoining full-floor strata offices, offered individually or in one line, within one of West Perth's most distinguished locations.Prominently positioned along the iconic Kings Park Road boulevard, the property offers outstanding corporate appeal, excellent natural light and strong long-term fundamentals for both investors and owner-occupiers. The building is surrounded by blue-chip occupiers and is regarded as one of West Perth's most tightly held commercial addresses.Property OverviewLot 1 (Ground Floor) - Leased Investment- 419 sqm* full-floor office- 8 car bays (4 secure undercover / 4 open)- Net passing income: $198,066 pa- Approx. 6.83% net yield- Leased to established legal practice ASB Law- Lease expiry: 31 August 2030 + 2 x 3-year options- 3.75% annual rent increases + market review at option- Fully net leaseAsking Price: Lot 1 (Ground Floor): $2,900,000 (Going Concern)Lot 2 (Level 2) & Lot 3 (Level 3) - Owner-Occupiers or Investors - 499 sqm* per floor or 998 sqm combined*- 7 secure undercover car bays per floor- Offered with vacant possession- Fully fitted premium office accommodation- Previously occupied by a single corporate occupier across Lots 2 & 3 for over a decade, demonstrating long-term suitability as a consolidated headquarters- Each floor is fully fitted with modern, functional layouts incorporating open-plan work areas, private offices, meeting rooms, boardrooms, reception areas and kitchen/breakout facilities. Expansive glazing provides excellent natural light across all floors, creating a high-quality working environment.Asking Price:Lot 2 (Level 2): $3,250,000 + GSTLot 3 (Level 3): $3,250,000 + GSTKey Benefits- Clear investor play via long-leased Lot 1- Owner-occupier opportunity across 499sqm or 998sqm- Secure full-floor strata ownership on Kings Park Road- Premium fitouts already in place- Strong natural light and corporate appeal- Blue-chip West Perth location- Offered individually or in one lineLocationKings Park Road is one of Perth's most recognised commercial boulevards, linking the CBD with West Perth and Kings Park. The location is highly sought after by professional services firms, offering ease of access to the CBD, freeway connections and public transport, while benefiting from proximity to cafes, restaurants and Kings Park amenity.Asking PricesLot 1: $2,900,000 (Going Concern)Lot 2: $3,250,000 + GSTLot 3: $3,250,000 + GSTNext Steps For further details or to request the Information Memorandum, please contact the exclusive selling agents Jack Bradshaw or Brian Neo of Sterling Property.

Property History for 58 Kings Park Rd, West Perth, WA 6005

A timeline of how this property has performed in the market
  • 11 Mar 2026
    Listed for Sale Please Call Agent For Details
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About West Perth 6005

The size of West Perth is approximately 2.3 square kilometres. It has 11 parks covering nearly 10.3% of total area. The population of West Perth in 2016 was 5608 people. By 2021 the population was 6102 showing a population growth of 8.8% in the area during that time. The predominant age group in West Perth is 30-39 years. Households in West Perth are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Perth work in a professional occupation.In 2021, 33.70% of the homes in West Perth were owner-occupied compared with 33.00% in 2016.

West Perth has 5,856 properties. Over the last 5 years, Houses in West Perth have seen a 58.58% increase in median value, while Units have seen a 63.29% increase. As at 28 February 2026:

  • The median value for Houses in West Perth is $1,411,555 while the median value for Units is $714,142.
  • Houses have a median rent of $850 while Units have a median rent of $715.
There are currently 53 properties listed for sale, and 31 properties listed for rent in West perth on OnTheHouse. According to Cotality's data, 436 properties were sold in the past 12 months in West perth.

Suburb Insights for West Perth 6005

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.