SOLD
Sold on 06 Jul 2024 for $880,000

5/375 Hay Street
Subiaco WA 6008

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 77m2
Land area: 91m2
Sold By
Care Realty
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Property Details for 5/375 Hay St, Subiaco

Building Type
Commercial
Year Built
1980
Floor Size
77m2
Land Size
91m2
Local Government
Subiaco
Lot/Plan
44/S008383

Last Listing description (September 2024)

Now is the time to secure your own restaurant premises in Subiaco, which is undergoing a major transformation with significant development projects. Located next to a very busy Nando's Restaurant and the famous Lapa Restaurant in the central Subiaco Mews complex, opposite the Colonnade complex and close to Rokeby Road.
Price includes all plant and equipment, ready for you to start trading.
Possible transfer of the Liquor Licence.

NOTE - GST may apply to the sale price.

Contact Tony Gates - 0429 999 066 to arrange an inspection.

Property History for 5/375 Hay St, Subiaco, WA 6008

A timeline of how this property has performed in the market
Last Sold
$880,000
06 Jul 2024
Listed for Rent
$690/w
24 Sep 2024
  • 06 Jul 2024
    Sold for $880,000
  • 26 Jun 2024
    Listed for Sale Offers
  • 26 Jun 2024
    Listed for Rent $36,000 / year
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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 7,101 properties. Over the last 5 years, Houses in Subiaco have seen a 62.30% increase in median value, while Units have seen a 50.12% increase. As at 31 August 2024:

  • The median value for Houses in Subiaco is $1,850,466 while the median value for Units is $655,759.
  • Houses have a median rent of $1,000 while Units have a median rent of $650.
There are currently 51 properties listed for sale, and 30 properties listed for rent in Subiaco on OnTheHouse. According to CoreLogic's data, 412 properties were sold in the past 12 months in Subiaco.

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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.