Realmark Commercial is pleased to present 1/628 Newcastle Street, Leederville to the market For Sale.Positioned on the ground floor within a prominent city-fringe complex, this 90sqm* strata office offers an exceptional opportunity for owner-occupiers and investors seeking a well-located commercial asset in one of Perth's most tightly held precincts.With direct street presence to Newcastle Street and excellent natural light, the property benefits from outstanding connectivity, just minutes from the Perth CBD, Northbridge and a short walk from Leederville's vibrant retail and hospitality strip.Key Features:- 90sqm* ground floor strata office- Excellent exposure and signage potential- Functional layout with partitioned offices and open-plan workspace- Air-conditioned throughout- Secure complex- 1 Allocated on-site parking bayLeased Investment Details:- Tenant: Property Assist- Lease Expiry: 21/03/2027- Net Income: $25,392.56 p.a.- Rent Reviews: fixed 3% annual increases- Options: 2 yearsThis is an outstanding opportunity to secure a well-positioned city-fringe office with flexibility for occupation or investment in a proven commercial location.SET DATE SALE with absolutely ALL offers being presented on Wednesday, the 11th of March at 4 pm. The Seller reserves the right to sell prior to this date, so we encourage offers as early as possible.For further information or to arrange an inspection please contact Jordan Hunter or Justin Baker. *Approximate
The size of Leederville is approximately 1.5 square kilometres. There are 5 parks, covering nearly 23.1% of the total area. The population of Leederville in 2016 was 3158 people. By 2021 the population was 3686 showing a population growth of 16.7% in the area during that time. The predominant age group in Leederville is 30-39 years. Households in Leederville are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Leederville work in a professional occupation.In 2021, 52.90% of the homes in Leederville were owner-occupied compared with 50.70% in 2016.
Leederville has 2,407 properties. Over the last 5 years, Houses in Leederville have seen a 71.80% increase in median value, while Units have seen a 73.15% increase. As at 30 April 2026:
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