Monday 2 November, PERTH WA Colliers has launched the sale of 38 Oxford Close, West Leederville, presenting investors, future owner-occupiers and developers with a rare opportunity to secure a substantial mixed-use property in one of Perth’s tightly held city fringe commercial precincts.
The 1,487sqm* landholding comprises a two-level office building and a converted warehouse operating as a brewery and hospitality venue, with a combined building area of 1,420sqm*. The property is fully leased and generates current annual rent of approximately $400,499.38p.a* * and an attractive 4.45-year WALE.
Offered for sale by Expressions of Interest, closing at 3:00pm (AWST) on Wednesday 2 December 2026, the property is expected to attract interest from purchasers seeking a combination of immediate income, occupation flexibility and longer-term development potential.
The existing improvements comprise 816sqm* of office accommodation and a 604sqm* brewery and hospitality venue, featuring a fitted bar, commercial kitchen and brewery production equipment. The office accommodation benefits from high ceilings, natural light and a quality fitout, while the property has also been refurbished and reroofed and includes seven onsite car bays and a solar PV system.
The site benefits from Mixed Use zoning and development guidelines providing for building heights of up to 12 storeys and a plot ratio of 4:1.
Colliers’ Shane Isaacs, Manager, Investment Services, and Cory Dell’Olio, National Director, Investment Services, have been appointed as exclusive selling agents.
The property occupies a strategic position within the established West Leederville commercial precinct and benefits from access to major transport connections, including Mitchell Freeway, Graham Farmer Freeway, Loftus Street and West Leederville Train Station.
Shane Isaacs said the property presented an opportunity to acquire an established income-producing asset with flexibility for a range of future ownership strategies.
“38 Oxford Close offers a compelling combination of existing income, quality improvements and a substantial mixed-use landholding in a tightly held city fringe location,” Mr Isaacs said.
“The property is fully leased, providing purchasers with an established income stream while they consider their longer-term plans. It also offers flexibility for future owner-occupiers who may wish to occupy all or part of the building as the existing leases expire.
“With its prominent corner position and significant land area, the property provides purchasers with multiple avenues to create value, whether through continued investment, future occupation or redevelopment, subject to the relevant approvals.”
Cory Dell’Olio said the combination of the existing office and hospitality improvements and the site’s development potential would broaden its appeal to a diverse range of purchasers.
“Opportunities combining a fully leased commercial asset with this level of future development potential are increasingly attractive to purchasers looking beyond the immediate income stream,” Mr Dell’Olio said.
“The existing office and brewery provide a distinctive and functional use of the property today, while the development guidelines offer a potential pathway to a substantially different outcome over the longer term.
“Situated within an established commercial precinct with strong connectivity and surrounding amenity, 38 Oxford Close is well positioned to appeal to investors, owner-occupiers and developers seeking a strategic city fringe holding.”
West Leederville continues to benefit from its proximity to the Perth CBD, established transport infrastructure, surrounding commercial centres and limited availability of substantial freehold commercial properties. These characteristics support the precinct’s appeal to businesses, investors and developers seeking well-located assets with long-term flexibility.
The property is offered for sale by Expressions of Interest, closing at 3:00pm (AWST) on Wednesday 2 December 2026.
