Ground floor of Perth's The Towers at Elizabeth Quay offered to market

Five individual retail strata lots forming the ground floor of Perth’s The Towers at Elizabeth Quay has been offered for sale via expressions of interest.

Situated at 11 Barrack Street, the Towers at Elizabeth Quay were completed in July 2019 with the retail tenancies (Lots 276, 277, 278, 279 and 280) due to open in 2020.

The sites are being marketed and sold by Ray White Commercial (WA) Property Advisors Brett Wilkins and Phil Zoiti.

Wilkins said the five retail strata lots offered for sale separately or as a portfolio would be complemented by a further $2 billion investment at Elizabeth Quay, including the new Australian Chevron HQ, the two towers at EQ West which recently commenced construction, and the two towers proposed by Brookfield.

“The five tenancies comprise The Towers Sales Office, Six Senses, Convenience Store, Argyle Bar and Lucky Necko,” Wilkins said. 

“Four of the tenancies offered for sale have new 10-year leases plus options, and every high net worth buyer wanting a trophy investment really need to look no further.”

Zoiti said: “The Towers feature 275 luxury apartments, with the five retail tenancies on the ground floor, alongside a second tower with the Ritz-Carlton Hotel with 205 luxury rooms and 104 luxury apartments above.”

The expressions of interest campaign closes on Wednesday 13 November 2019.