Every now and then, a property comes along that simply cannot be replicated. Standing proudly in the leafy surrounds of West Leederville and gazing across the ever-changing beauty of Lake Monger and the sparkling city skyline, this remarkable three-level holding is exactly that.
From the moment you arrive, the entry statement across the koi pond sets the tone. Inside, you’ll find elevator access, vast storage, solar panels, parking for thirteen vehicles and a host of extras that make the property truly stand apart. Think wine cellar, sports bar, billiard room and more. It is an offering that lends itself to an array of enterprises and entrepreneurial visions.
Spread over 713 sqm of prime land, the property offers an enviable blend of work, lifestyle and investment. A total of 1200m2 floor area with the first two levels delivering commercial space across six separate tenancies. That translates to a solid income stream of approximately $330,000 per annum, with parking, storage and all the convenience required for today’s business operations. For the astute buyer, the current configuration allows excellent cash flow while providing scope to expand or reshape as your enterprise demands.
Perched on the top floor is a magnificent 238 sqm penthouse. With sweeping views across the lake and city lights, this commanding space is an ideal home or home office. Whether you keep it as a residence, convert to executive offices, or provide superior staff accommodation, the flexibility is immense. Few properties deliver this scale, diversity and prestige all in one.
This is not just about bricks and mortar. This is about position, presence and potential. Whether you wish to combine work and home, create a landmark office hub, or apply your own architectural flair, this near city gem will reward. The leafy, tightly held pocket of West Leederville places you minutes from the CBD, Subiaco and Leederville precincts, while still enjoying that residential charm and access to parklands.
Opportunities like this are few and far between and the long standing owners of 50 years are now giving you this rare opportunity. With strong income already in place, incredible upside, and a location that speaks for itself, this unique jewel is certain to attract strong enquiry.
For Sale by Expressions of Interest closing 12 November at 5.00pm WST (unless sold prior).