40 Frame Court Leederville WA 6007

Development / Land
4,306 m²
Sold, $12,587,500

EXCEPTIONAL MIXED USE DEVELOPMENT OPPORTUNITY WITH HOLDING INCOME LOCATED IN THE HEART OF TIGHTLY HELD LEEDERVILLE

4,306sqm* land parcel
$540,000 pa* net income
Leased to State Government tenant

A significant rare land parcel strategically positioned in direct proximity to the retail, cafe and entertainment precinct; major transport networks, nearby sporting arenas, educational and recreational facilities.

4,306sqm* land parcel located on the doostep to the Perth CBD
3,181sqm* of specialised offices and data room facility
46 car bays (13 undercover)
5 year lease to WA State Government tenant - mutual break clause at year 3
$540,000 pa* net income
Fixed 3% annual rental increases
Potential for high density redevelopment options (STCA)
Central strategic Leederville Town Centre position
One of perth's most vibrant and cosmopolitan precincts
Immediate access to train/bus station and freeway networks

The property is being offered for sale via Expressions of Interest closing Thursday 23rd November 2017 at 2.00pm AWST.

*approx.

Property Highlights

Date Sold	3 Dec 2018
Sold Price	$12,587,500
Floor Area	3,181 m²
Land Area	4,306 m²
Energy	Ask Agent
Parking	On site parking available
Property ID	2013932168
Category	Development / Land Offices Shop & Retail
Last updated	5 Jul 2021

Map for 40 Frame Court Leederville WA 6007

Property Highlights

Date Sold	3 Dec 2018
Sold Price	$12,587,500
Floor Area	3,181 m²
Land Area	4,306 m²
Energy	Ask Agent
Parking	On site parking available
Property ID	2013932168
Category	Development / Land Offices Shop & Retail
Last updated	5 Jul 2021