Engineering school spends $6.5m in West Perth
The Engineering Institute of Technology has forked out $6.475 million for neighbouring West Perth offices.
The three storey building at 6 Thelma Street and a historic home leased to an orthodontist at #8 cover a combined 1749 square metres.
Both are part-vacant allowing the school immediate occupation.
Ray White Commercial’s Brett Wilkins and Michael Milne were the agents.
“The outstanding property location attracted strong interest from a broad range of buyers,” Mr Wilkins said (story continues below).
“The sale displays strong confidence in the West Perth commercial office market as a desirable destination with strong parking ratios and public transport links,” he added.
The purchase comes just over a year since another engineering firm, Aerison, relocated from two offices in the suburb to a 1650 sqm portion of 56 Ord St, West Perth.
Subscribe to our newsletter at the bottom of this page.
