Alcoa Building, Booragoon
Iris Residential acquired the Alcoa Building in early 2012. Located at 576 Marmion Street, Booragoon, the asset is fully leased to A Grade tenants and is situated on a 2ha site adjoining Garden City Shopping Centre – one of Western Australia’s biggest and most successful retail centres.
The five-level building comprises a total of 7,645sqm of quality office accommodation, with tenants enjoying local amenity including easy access to Garden City, Booragoon Bus Station, a medical centre and surrounding established suburbs including Winthrop, Booragoon, Applecross and Melville.
This substantial asset is approximately 12 kilometres from the Perth CBD and just 3 kilometres from the new Murdoch Activity Centre precinct, including the new $2 billion Fiona Stanley Hospital, St John of God Hospital and Murdoch University.