FOR SALE
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157 York Street
Subiaco WA 6008

Bedrooms: 4
Bathrooms: 4
Car spaces: 4
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Strategic Mixed Use Investment in Central Subiaco

This is a truly unique opportunity to secure a significant "Town Centre" zoned, mixed use holding, in one building, in the heart of Subiaco's business and entertainment precinct.
Situated on the corner of York and Ellen Streets, "Directions" as it is known was built in 2005 and has become an iconic fixture in the area.
The opportunity on offer is to secure 4 properties in one package on one title, two currently used as residences and two as commercial offices and boasting 400m2 of total area. This package sits in a boutique Strata, strata fees $2,723pq (approx).
Specifically:
Two ground floor commercial units, each with a kitchenette and bathroom and with two car bays. This space has been most recently used as one office;
A spacious 3 bed, 1 bath "Penthouse apartment" directly above the commercial offices on the first floor, with, two tree top balconies and one car bay; and
A one bedroom one bathroom Mezzanine level apartment, adjacent to the Penthouse Apartment, with its own balcony and a car bay.
The opportunities are truly endless.
Live in the Penthouse upstairs, work in an office downstairs and enjoy income from the second office and one bed apartment.
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Property Details for 157 York St, Subiaco

157 York St, Subiaco is a 4 bedroom, 4 bathroom House with 4 parking spaces. The place is currently for sale with Edison McGrath.

Building Type
House

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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 7,093 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 54 properties listed for sale, and 27 properties listed for rent in Subiaco on OnTheHouse. According to CoreLogic's data, 422 properties were sold in the past 12 months in Subiaco.

Suburb Insights for Subiaco 6008

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Thea Samuel
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Alex Blain
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Edison McGrath
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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.