40 Frame Court,
Leederville, WA 6007
Development Sites & Land • Shops & Retail • Offices
Price information
Sold
$12,587,500
Key property information
Land area
Floor area
Tenure type
Sold on
Map of 40 Frame Court
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.
• 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.
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Property ID: 502594606Last Updated: 5 Jul 2021
04179414...
40 Frame Court
Leederville, WA 6007
CBRE - Perth Level 25, QV1, 250 St Georges Terrace
PERTH, WA 6000
PERTH, WA 6000
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