58 Mounts Bay Road, also known as Alluvion, is a contemporary A-Grade office building located in the central forefront of the Perth CBD with dual access on St George Terrace. The 20 level tower features an impressive triple height marble clad ground floor lobby with a plaza café on the external landscaped terrace.

The property benefits from large, efficient, column-free floor plates with breathtaking views of the Swan River and the city on all but the first level.

The building has direct access to public transport from walkway bridges over Mounts Bay Road to the Esplanade Train and Bus Stations. For motorists there are 96 car parking bays and 24 motorcycle bays across three basement levels, as well as end-of-trip facilities including bicycle racks and lockers.

Being at the heart of the city centre the building is surrounded by a variety of clothing retailers, world class restaurants, bars and cafés, fitness facilities, hotels and childcare services.

  • NABERS Energy
    5 Star Energy Rating
  • NABERS Water
    4.5 Star Water Rating

Property Details

Building type
A Grade - office
Title
Freehold
Site area (hectares)
0.3
Lettable area ('000sqm)
22.4
Lettable area adjusted for ownership ('000sqm)
5.6
Typical floor area (sqm)
1,570
Number of buildings
1
Car parking spaces
96
NABERS Energy rating (with Green Power)
5.0
NABERS Energy rating (without Green Power)
5.0
NABERS Water rating
4.5
Green star rating
4.0 Star (Office Design v2)
Year built
2010
Major tenant
Clough Projects
Owner
DXS
Ownership (%)
25
Co-owner
Dexus Office Partner / Cape Bouvard Investments Pty Ltd

Property Statistics

Metro area
Perth CBD
Zoning
City Centre
Acquisition date
April 2014
Book value at ownership ($m)
53.5
Independent valuation date
December 2018
Independent valuation at ownership ($m)
53.5
Market cap rate (%)
6.75
Initial yield (%)
9.11
Leased by area (%)
97
Weighted lease term by income (years)
3.6