FOR SALE
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10-12/188 - 198 Churchill Avenue
Subiaco WA 6008

Bedrooms: -
Bathrooms: -
Car spaces: 13
Floor area: 505m2
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Subiaco Investment

UNDER OFFER
RWC WA presents for sale this modern leased commercial office investment positioned in the heart of Subiaco.
188 - 198 Churchill Avenue, Subiaco, the sizeable 1,435sqm commercial property comprises 930sqm at ground level and 505sqm offices on level 1
In addition to this is exclusive amenities (male & female & tea prep facilities) and comes with 40 car parking bays within a secure access basement.
Directly adjacent to the property is two council public car parks in addition to generous street parking.
Investment Summary
• Modern building within the heart of Subiaco
• 505sqm strata area* plus exclusive amenities
• 13 basement car bays - secure access basement
• Current lease term extends to 31/08/26
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Property Details for 10-12/188 - 198 Churchill Ave, Subiaco

Building Type
Commercial
Floor Size
505m2

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About Subiaco 6008

The size of Subiaco is approximately 3.1 square kilometres. It has 12 parks covering nearly 5% of total area. The population of Subiaco in 2011 was 8,015 people. By 2016 the population was 9,188 showing a population growth of 14.6% in the area during that time. The predominant age group in Subiaco is 30-39 years. Households in Subiaco are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Subiaco work in a professional occupation. In 2011, 50.9% of the homes in Subiaco were owner-occupied compared with 52.4% in 2016.

Subiaco has 7,094 properties. Over the last 5 years, Houses in Subiaco have seen a 61.02% increase in median value, while Units have seen a 57.22% increase. As at 31 October 2024:

  • The median value for Houses in Subiaco is $1,850,686 while the median value for Units is $682,891.
  • Houses have a median rent of $1,000 while Units have a median rent of $650.
There are currently 55 properties listed for sale, and 30 properties listed for rent in Subiaco on OnTheHouse. According to CoreLogic's data, 409 properties were sold in the past 12 months in Subiaco.

Suburb Insights for Subiaco 6008

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Michael Milne
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Brett Wilkins
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RWC WA
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.