40 The Esplanade • Elizabeth Quay Office Space For Lease Perth

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40 The Esplanade is a 15 level tower providing 11,000sqm of A Grade office accommodation supported by 127 parking bays, extensive lobby services and an open alfresco area.

Flexible floor plates of 930sqm were designed to maximise the natural light and appealing views over the Swan River and Kings Park. 40 The Esplanade is undoutably one of the best located office buildings in Perth.

CURRENT AVAILABILITY – For the first time in many years, there are opportunities to lease office configurations of between 400 sqm, 930 sqm and 1,860 sqm on contiguous floors.

SHOW SUITES – 3 show suites presented to the market in October 2024, measuring 1,350 sqm, were all leased by December 24.

An upgraded full floor on L2 will be available in March 25, and a warm shell ( ceilings, carpets, lighting, aircon and sprinklers) will be completed in December 24.

APPEALING LEASING PROPOSITION – The building offers a compelling value proposition for tenants , with occupancy costs calculated at approximately 30% less than new developments in the Elizabeth Quay precinct.

Face Rents sqm/pa	$585 – $625
Incentives	25% – 45%
Outgoings sqm/pa	$175
Net Effective Rents pa	$500 – $650

Leasing Opportunities Location

Full of history with an exciting future.

A Distinctive Landmark CBD Tower

40 The Esplanade comprises 10,926 sqm of A Grade office accommodation over 12 levels. The asset is situated on a commanding corner site, linking the Perth CBD and Elizabeth Quay, and offers direct access to road and rail infrastructure. Together with both Tenant and Public car parking, the location has been central to its leasing success and continued appeal to prospective tenants.

Flexible and Functional Accommodation

Offering 930 sqm floor plates, the building's rear core configuration maximises natural light and viewing aspects over the Swan River and Kings Park. The relocation of Development WA in June 24 has opened up unique leasing opportunities from 400 sqm to 930 sqm and up to 2800 sqm on contiguous floors.

Proven Leasing Performer

40 The Esplanade is an attractive proposition to all potential user groups including government, resources, and professional services. This is highlighted by the asset outperforming headline market and A Grade vacancy rates over the past few years.

Further proof of the performance of the building is that all 6 sitting tenants with lease renewals between October 24 and January 25, have exercised their options to extend their leases.

An unbeatable location.

1 minute walk to

Elizabeth Quay Train and Bus Stations

2 minute walk to

Elizabeth Quay

3 minute walk to

Perth Convention Centre