David Malcom Justice Centre
OFFICE

DAVID MALCOLM JUSTICE CENTRE, 28 BARRACK STREET

28 Barrack St, Perth, WA 6000

Developed by Mirvac and completed in late 2015, the David Malcolm Justice Centre (previously Treasury Building) is a 33 level office tower, which fronts on to Barrack Street and is immediately south of Town Hall. The property offers a vaulted multi-storey ground floor lobby, column-free floor plates and views of the Swan River above Level 4. The office tower received a 5 Star Green Star Design rating, a 6 Star Green Star Performance rating and has achieved a 5 Star NABERS Energy rating.

Grade
Premium
Nabers Rating
5.0 Star
Ownership
50% Mirvac, 50% Keppel REIT
NLA
31,881 SQM

Summary information

Acquisition/Agreement Date Sep-15
Last External Valuation Date Dec-23
Valuation at 31-DEC-23 $251.8m
Valuer JLL
Capitalisation Rate 5.50%
Discount Rate 6.75%
Gross Office Rent $876/sqm
Car Spaces 200
1. Book value represents Mirvac's ownership.

Lease Expiry Profile % Income

Wale: 17.2 YEARS

Major Tenants

Entity Name NLA / GLA SQM Lease Expiry
Minister for Works 30,588 Nov-40
David Malcolm Justice centre building lobby and elevators

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Mirvac acknowledges Aboriginal and Torres Strait Islander peoples as the Traditional Owners of the lands and waters of Australia, and we offer our respect to their Elders past and present.  

Artwork: ‘Reimagining Country’, created by Riki Salam (Mualgal, Kaurareg, Kuku Yalanji) of We are 27 Creative.