Following are some brief examples highlighting a cross section of projects specifically undertaken by Charles Kellett



  • Perth CBD based Multi National Company (4,100 sqm) engaged the services of CKPC to assess and facilitate future accommodation options for its corporate head quarters. A comprehensive and exhaustive analysis of the Perth CBD market ultimately saw the client renew its lease after compelling terms were agreed by the Lessor. Part of the brief required various sustainability and green initiatives to be incorporated into a “Green” lease. The landlord agreed to commit to achieving Green Star and NABERS ratings for the property within a 12 month period. In addition substantial upgrades to the building and incentives were negotiated and incorporated into the final agreement.


  • Appointment to State Government of WA panel of professional leasing consultants representing various Government agencies throughout Western Australia in all facets of lease negotiation including New Leases, Lease Renewals, Rent Reviews and Re-instatement Obligations. Charles Kellett has had a long standing professional association with this client that has, through his direct involvement, seen in excess of 200,000 sqm of office space negotiated on behalf of the State Government of Western Australia. This has seen Charles engaged in many hundreds of separate appointments. As a result of this appointment, CKPC is conversant with a wide range of issues that currently affect property markets throughout the metropolitan area as well as regional and rural Western Australia.


  • Charles Kellett acted as the lead advisor to a WA Public Company in an organisational restructure which involved office leases in all major CBD’s throughout Australia. In particular, he provided a range of lease options after an exhaustive financial analysis of the company’s 5,000 sqm Perth office lease commitment. The preferred option necessitated a complex leasing negotiation requiring the existing lease being part surrendered on an acceptable basis, part of the business being sold to management (MBO) and the creation of a new entity under a new lease arrangement. Charles’s role saved the client in excess of $5.0m in rental costs over a five year period.



  • Preliminary Feasibility, Due Diligence work undertaken and preparation of a comprehensive Business Case presented to the Board of Western Australian property developer on large residential sub division with potential for site acquisition. This role involved reviewing all land use issues, structure plans, including potential rezoning of the site, native title etc. A market value assessment was undertaken by Charles on the subject property, which has a proposed yield of 500 R20 lots plus 2 x 20 ha super lots. A comprehensive overview of the residential market was undertaken to establish demand and supply dynamics. Key specialist consultants were coordinated by Charles to provide cost estimates and identify potential fatal flaws / issues. Development costs were prepared along with forecast Gross and Net realisable values to determine the project’s anticipated Internal Rate of Return (IRR) using a discounted cash-flow model (DCF Analysis). Subject to detailed due diligence being undertaken it was recommended that the project be advanced to the client’s Acquisition Team for further action.


  • Various other similiar projects have been undertaken over the last 24 months. This has resulted in preliminary feasibility analysis and due diligence undertaken on various sites for commercial, industrial and residential use. Strategic planning input as well as Business Case preparation were key delivery elements in the briefs. These projects have included small to large scale residential, commercial and industrial land use concepts. Some of these include:


  • Site analysis and preliminary feasibility for possible “Big Box Retail” land subdivision in the town-site of Port Hedland;


  • Medium to long term industrial land strategy and feasibility undertaken for the town-site of Karratha. 3 sites identified with all recommendations to proceed agreed to (gross realisable value $500+M);


  • Light Industrial and Residential land subdivision feasibilities undertaken in the town site of Kununurra;


  • Mixed used Light Industrial, Residential and Hospitality/Tourism land subdivision analysis in the town-site of Exmouth;
  • Light Industrial land subdivision analysis, preliminary feasibility and business case prepared on contentious / strategic site in Perth’s northern suburbs;
  • Numerous other studies, preliminary feasibilities, strategic plans and business cases have been undertaken throughout WA and within the Perth metropolitan area.


  • Prominent WA Health Benefits Fund engaged Charles to provide advice on whether the organisation should remain at its existing owned 6,000 square metre premises or alternatively relocate to a purpose built or leased premises. Charles evaluated the cost to remain in the existing building (including the costing of a building upgrade) and the cost to relocate elsewhere. In consultation with the client various assumptions were made and financial analysis was considered over a ten year period. The purpose of the assignment was to provide the Board with a preliminary assessment of what the client should consider in relation to its medium to long term accommodation requirements. After a thorough analysis of all factors the client accepted the recommendation for it to remain at its present location.


  • Strategic Facility Plan prepared for Multi National Organisation located in 4,500 m² facility with impending lease expiry. Analysis of the existing premises and all future business requirements and technology was taken into consideration and reported on. Expressions of Interest called in local press from prospective landlords to submit details on accommodation options. Detailed analysis, transaction management and project coordination saw the client relocate to a purpose built “design and construct” office warehouse facility of some 3,200 m². Charles Kellett was instrumental in all aspects of the site acquisition, analysis and negotiation of this outcome. Construction of the new facility and move in was orchestrated and finalised within a 7 month period.