The last strata office suite of 11 in a Station Street building has settled.
A family office buyer has secured the last of 11 strata office suites in a Cottesloe building along Station Street, with the settlement bringing the total sales to more than $10 million.
Bond Super Nominees bought suite 104 at 28 Station Street for $1 million, according to RP Data.
Australian Securities and Investments Commission records show Bond Super is owned by Cottesloe’s Duncan and Jennifer Bond, with Mr Bond the chief commercial officer of shipping company Berge Bulk.
The Bonds bought the 147-square metre suite on the ground floor from the entity 533 Stirling Hwy, the owner of the building.
According to ASIC, the entity is owned by Peppermint Grove’s Jane Whiddon.
Ms Whiddon is married to Glenn Whiddon, who is non-executive chair of Amani Gold, and holds other roles at MinRex Resources, Carbine Resources and Calima Energy.
The Bonds join Yolk Property Group co-founder Tao Bourton, who purchased the most expensive suite for $1.59 million through Riverpoint Holdings.
Members of the Bunning family, including Bob Bunning through Aileendonan Flinders, also purchased another for $891,000 in 2024.
When the building was completed in 2023, it was the first new commercial office development in Cottesloe in more than 25 years.
Sterling Property negotiated all 11 sales, with managing director Brian Neo saying the sell out is an indicator of continued demand for western suburbs premium strata offices.
“Cottesloe has no new commercial supply in the pipeline,” he said.
“Every suite at 28 Station Street was tightly contested and the majority ended up in the hands of family offices – buyers who are making long-term decisions about where they want to operate and who they want to be near.”
The offices sit close by to Sirona Urban’s $508 million luxury hotel, apartments and hospitality project.
With the recent sale of 1 Station Street and 24-26 Napoleon Street, Sirona told Business News development plans would expanding.
“These are not speculative plays,” Mr Neo said.
“This is serious capital making deliberate moves, and it is driving land values in Cottesloe to levels that would have been difficult to justify even two years ago.”
