8 Kings Park Road, West Perth WA

 

Acquisition Date 18/01/2000
Acquisition Value $5,000,000
Sale Price $11,150,000
Sale Date 12/07/06
Term Held 6.48 years
Average Annual Income Return 5.51%
Average Annual Capital Return 55.56%
Average Annual Total Return 61.10%

This building was a refurbishment and repositioning opportunity from the outset with substantial office rent and car park revision opportunities. With the clever use of materials and some important yet impressive facade and landscaping changes, the building was transformed into a Kings Park Road showpiece. Investment returns, both income and capital, were substantial.

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