Approval Received for Circa $265M West Leederville Project
Summary
→ Development Approval received for a two-tower, 18 and 19 storey mixed-use development comprising 244 residential apartments and 210 sqm of ground-floor commercial space
→ Site comprises 4,657 sqm at 236 Railway Parade, West Leederville
→ Project estimated end value revised upward from $230m to $265m
→ Pre-sales expected to launch in 2H CY2026 and construction completion targeted for 2H CY2029
→ Subject to delivery timing, the project is anticipated to contribute to Finbar’s earnings in FY2029/FY2030
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