We welcome you to our asset on Whadjuk land. This asset is a major commercial and retail complex, located in Perth’s Central Business District. The landmark 1.23 hectare site occupies the majority of the city block bounded by Murray, William, Wellington and Queen Streets.
Bankwest Place is a prime office building, constructed over 22 upper floors, providing over 43,500sqm of NLA. It is fully leased to Bankwest (a division of Commonwealth Bank of Australia). The 2 lower basement levels provide approximately 375 public and tenant car bays.
Raine Square is a 3 level retail complex positioned below Bankwest Place, accessed via Murray, William and Wellington Streets, plus a pedestrian tunnel access from the William Street rail station. Raine Square has been comprehensively redeveloped during 2018/2019. It provides some 28 specialty tenancies, focused on F&B and entertainment and is anchored by a Coles Supermarket, a new 13 screen Palace cinema complex and a Rebel Sports store.
The exciting International Fashion Precinct, comprises a stunning new “Glass Box” building, fronting Murray Street, linked into the tastefully refurbished, heritage Wentworth buildings. The Glass Box is the new home for the iconic International brand Louis Vuitton. A number of prestige retailers have joined Louis Vuitton, confirming Raine Square as the new home of International Fashion and Apparel. The upper levels are anchored by international Co Working brand Regis, who have leased approximately 3,000sqm for their “Spaces” brand.
The heritage Royal Hotel on the corner of William and Wellington Streets has been recently renovated, serving as the CBD's premier, modern Hotel/Tavern facility.
Additional buildings include the Bankwest retail Superstore at 306 Murray Street and a character 3 level building at 10 Queen Street.Note: Charter Hall pays our respects to the Traditional Owners of Country and note that reference to the traditional land(s) is based on current Land Title knowledge which can be contested and reviewed at any time.
|Year Built||2011 (refurbished 2023)|
|Typical Floor Plan||1740-2220sqm|
|Weighted Average Lease Expiry (WALE)||6.0|
|Major tenants||Palace Cinemas, Coles, Bankwest, Rebel|
|Fund Ownership||49.9% CPOF, 50.1% BSWF|