



40 Frame Court, Leederville is an asset primed for repositioning by way of refurbishment or redevelopment in the thriving Leederville Town Centre. The property is improved with a standalone two-level commercial office building and is offered with genuine value-add potential in one of Perth's most established and tightly held inner-city precincts. An approved mixed-use development scheme is in place, comprising residential towers of up to 25 storeys, 273 dwellings and ground-floor commercial activation. Positioned approximately 2 km from the Perth CBD and within walking distance of Leederville Train Station, the site benefits from exceptional connectivity, surrounding amenity and favourable planning controls — providing multiple development outcomes. Additional Features: • Existing Improvements: Two-level office building and parking for 46 vehicles • Occupancy: Offered with a tenant in place on a continuing short-term license • Approved Development: Residential development comprising a 17-storey Build to Rent (BTR) tower and a 25-storey Build to Sell (BTS) tower, comprising ~ 273 apartments together with ground-floor commercial and retail tenancies • Approved GFA: 26,145 sqm approx. (GBA 50,175 sqm approx.) • NABERS Rating: 4.5 Star NABERS Energy Rating 100% freehold interest is offered for sale by Expressions of Interest campaign, closing Wednesday 28th October 2026 at 4pm (AWST). For further information or to arrange an inspection, please contact the exclusive selling agents.
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Property ID: 505235276
Original Property ID: 505235276