SOLD
RECENT ADVICE
Sold on 08 Oct 2024 for $2,350,000

384 Rokeby Road
Subiaco WA 6008

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 434m2
Land area: 384m2
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Property Details for 384 Rokeby Rd, Subiaco

Building Type
Commercial
Floor Size
434m2
Land Size
384m2
Local Government
Subiaco
Lot/Plan
101/P027589

Last Listing description (November 2024)

Burgess Rawson are pleased to present to the market for sale, 384 Rokeby Road, Subiaco. This freestanding two level office building resides in the 'Paris' end of Rokeby Road with outstanding accessibility to the Western Suburbs and the Perth CBD.The office is currently part owner occupied affording buyers the flexibility of buying the office and collecting income from both floors or alternatively occupying the first floor and collecting rent from downstairs. Both floors are fully fitted out with partitions and present to a high standard.Key Features;+ Two level freestanding Rokeby Road office+ 436.9sqm office building over two levels+ Flexibility for owner occupiers or investors+ Zoned 'Mixed Use R80' + Located in the 'Paris' end of Rokeby Road+ Both floors fully fitted out office space+ Ground Floor leased to longstanding tenant+ Opportunity to collect income from both floors or occupy level 1 + 384sqm Freehold parcel of landAsking PriceLow to Mid $2 millionsIncomeGround Floor is fully leased to a Financial Planning & Accounting practice with a net income of $61,148.04 pa. + Outgoings + GST. The lease expires on the 28th February 2025 with a further 5 year option. Legal Description Lot 101 & 103 on Plan 27589 Volume 2229 Folio 443Goods and Services TaxThe property will be sold as a Going ConcernFor further information please contact the exclusive selling agents Luke Randazzo on 0417 181 309 and Rob Selid on 0412 198 294.

Property History for 384 Rokeby Rd, Subiaco, WA 6008

A timeline of how this property has performed in the market
Last Sold
$2,350,000
08 Oct 2024
Listed for Rent
08 Apr 2019
  • 08 Oct 2024
    Sold for $2,350,000
  • 28 Aug 2024
    Listed for Sale Price on Application
  • 30 Apr 2019
    Listed for Sale $1,750,000 + GST
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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 7,097 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 57 properties listed for sale, and 30 properties listed for rent in Subiaco on OnTheHouse. According to CoreLogic's data, 419 properties were sold in the past 12 months in Subiaco.

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Burgess Rawson
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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.