Sterling Property Senior Partner Jack Bradshaw and Partner Simon Brady have sold the West Leederville Portfolio, one of the best and most prominent corner landholdings at the junction of Railway Parade and Rosslyn Street, after a hotly contested campaign that drew multiple offers.
The 1,970sqm site comprises four adjoining freehold properties at 240–250 Railway Parade and 2–4 Rosslyn Street, West Leederville, positioned directly opposite West Leederville Train Station and approximately 2.5km from the Perth CBD. It was offered individually or in one line, with two local private doctors securing the entire holding with a view to future redevelopment.
The properties sit within the West Leederville Activity Centre Precinct Structure Plan, approved by the Western Australian Planning Commission in February 2026, and carry R-AC1 Centre zoning. The planning framework supports development of up to 18 storeys with a plot ratio of up to 6:1 (STCA), accommodating high-density residential and mixed-use outcomes including build-to-rent or build-to-sell.
West Leederville is one of Perth’s most tightly held inner-west suburbs, underpinned by strong demographics and direct rail connectivity. The site enjoys established hospitality and retail amenity within walking distance, including BESK, Mary Street Bakery, the Northwood Street café strip and West Leederville Shopping Centre (Coles), and sits within easy reach of Subiaco, Leederville and West Perth.
“This was one of the most contested campaigns we have run this year, which speaks to how rare a development site of this scale and position opposite West Leederville train station is,” Mr Bradshaw said.
“Securing it with local private buyers from our database with a redevelopment view reflects the confidence private capital continues to place in the precinct’s planning framework and lifestyle credentials.”
The $7 million result underscores sustained demand for development sites with density uplift in Perth’s tightly held western corridor.
For further information contact Jack Bradshaw on 0439 095 336 or Simon Brady on 0407 486 401.
