278 Railway ParadeWest Leederville WA 6007
Property Details for 278 Railway Pde, West Leederville
Last Listing description (September 2023)
Ray White Commercial WA presents 278 Railway Parade, West Leederville WA for sale as a high grade, securely leased commercial/retail investment property.
This offer comes with new leases, modern fit-outs and massive depreciation benefits.
Key Features:
Stunning contemporary design and finishes
477sqm* retail and office areas
12 secured and covered car parking bays
Lead corner position opposite train station
Emerging exclusive retail, bar and caf precinct
Neighbouring the 'Subi East' master plan project
Strong secure lease income - new leases
MASSIVE DEPRECIATION BENEFITS
For more information please contact:
Michael Milne
Ray White Commercial (WA)
0403 466 603
michael.milne@raywhite.com
Property History for 278 Railway Pde, West Leederville, WA 6007
- 31 Aug 2023Listed for Sale Contact Agent
- 17 Jul 2023Sold for $3,580,000
- 25 Aug 2014Listed for Sale Contact Agent
Recent sales nearby
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About West Leederville 6007
The size of West Leederville is approximately 1.5 square kilometres. It has 5 parks covering nearly 11.5% of total area. The population of West Leederville in 2016 was 3978 people. By 2021 the population was 4340 showing a population growth of 9.1% in the area during that time. The predominant age group in West Leederville is 30-39 years. Households in West Leederville are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in West Leederville work in a professional occupation.In 2021, 59.20% of the homes in West Leederville were owner-occupied compared with 58.80% in 2016.
West Leederville has 2,666 properties. Over the last 5 years, Houses in West Leederville have seen a 77.48% increase in median value, while Units have seen a 78.43% increase. As at 31 December 2025:
- The median value for Houses in West Leederville is $1,991,420 while the median value for Units is $629,433.
- Houses have a median rent of $1,050 while Units have a median rent of $600.
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