Castlerock signs deal to buy Workzone East Perth CBD office asset for $79.4 million

  • Castlerock Property signed contracts to acquire Workzone East, a fully government-leased office asset in Perth CBD, for AUD 79.4 million for Castlerock Government Property Fund.
  • Seven-storey building at 1 Nash Street has 12,360 sqm net lettable area, 81 car bays, full occupancy by Western Australian Government tenants.
  • Asset is certified carbon neutral, holds 6 Star NABERS Energy rating.
  • Fund has about AUD 658 million funds under management, 99% occupancy, 5.5-year WALE.


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