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Sterling Property Co

167 Carr Place Leederville, WA 6007

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167 Carr Place,
Leederville, WA 6007

Development Sites & Land • Other

Key property information

Land area

Floor area

Property extent

Tenure type

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Sterling Property Co
Jake Wallman
Jack Bradshaw

Sterling Property Co

Suite 6, 388 Hay Street
SUBIACO, WA 6008
Sterling Property Co
167 Carr Place
Leederville, WA 6007

Map of 167 Carr Place

Directions

Blue-Chip Leederville Block of Units – Location, Income & Development Upside

  • Fully leased boutique complex
  • Prime 1,354sqm corner landholding
  • Endorsed planning framework
Sterling Property is pleased to exclusively present 167 Carr Place, Leederville – a boutique block of 12 strata-titled 1-bedroom units across a 3-storey complex. This rare freehold corner site offers strong income now with significant future redevelopment potential in one of Perth’s most vibrant inner-city precincts.

Key Highlights
- Land Area: 1,354sqm*
- Improvements: 12 x 42sqm 1-bedroom units (3-storey complex)
- Tenure: Rare single ownership across 12 strata titles
- Zoning: Regional Centre – City of Vincent LPS No. 2
- Planning Framework: Residential R80 (Leederville PSP – Urban Frame Type B)
- Current Height Limit: 4 storeys
- Endorsed PSP Height Limit: 8-10 storeys (STCA)
- Gross Income: $285,480 pa
- Estimated Statutory & Variable Outgoings: $63,913.30 pa
- Estimated Net Income: $221,567 pa
- Prime Location: High-exposure corner with dual frontage

167 Carr Place represents a triple advantage for investors and developers:
- High-amenity location – footsteps to Leederville town centre, train station, cafes, bars, and lifestyle precinct.
- Strong income security – fully leased and well-maintained complex with diversified rental base across 12 units.
- Future development upside – planning certainty supporting 8–10 storeys, unlocking genuine long-term growth potential.

With historically low vacancy rates, rising rental demand, and constrained supply, this is a boutique blue-chip investment seldom offered to market.

Sales Process:
The property is offered For Sale via Offers Invited.

Price Guidance:
Mid–high $5,000,000s (no GST).

Inspections:
Strictly by appointment.

Exclusive Agents:
Jack Bradshaw – Sterling Property
Jake Wallman – Sterling Property

Leederville, 6007 demographic data

3,686
Population
$2,316 per week
Median household income
35 years
Median age
Owners
Most residents
Families
Most households

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