Westpac House is an iconic premium grade office tower located in the heart of the Adelaide CBD.

It has a target return of 10% plus and forecast distributions of 7-7.5% pa.

Investment highlights

  • Premier King William Street address with three street frontages
  • 31,600 sqm of lettable area (including Perpetual House and Delmont House)
  • Weighted average lease expiry of approximately 2.3 years (as at 31 December 2019)
  • 53 parking spaces
  • 4.5 Star NABERS energy rating
  • Occupancy of 95.8% (as at 31 December 2019)
  • Easy access to transport and retail precinct
  • A history of exceptional tenant retention