353 Rokeby Road Subiaco WA 6008

+ Rare two level freehold office
+ 501sqm land parcel
+ 12 onsite parking bays
+ Flexibility for Owner Occupiers/Investors/Developers
+ Zoned 'Mixed Use R80'
+ 278sqm* office building over two levels
+ Premium Rokeby Road location
+ Prime land holding with strong development upside
+ Suitable for a variety of purchasers
+ Rear laneway access
+ Directly next door to iconic Boucla café.
+ Blue Chip asset
+ Ability to develop up to 5 stories in height limit
+ Part Leased with holding ground floor income of $55,282.37 pa.

Burgess Rawson are pleased to present to the market for sale via Offers Invited, 353 Rokeby Road, Subiaco.

This first class asset presents an incredibly rare opportunity to purchase a premium freehold landholding in the heart of the 'Paris End' of Rokeby Road. The property adjoins popular Boucla Café with improvements of 278sqm* over two levels.

The building offers buyers a variety of opportunities with the ability to occupy the first floor and collect income from the ground floor or lease out the first floor and collect a passive income.

The attractive 'Mixed Use R80' zoning and 500sqm parcel of land with rear laneway access affords buyers future development upside with the ability to build up to 5 levels.

The 12 onsite parking bays are also a rare commodity in Subiaco where parking is at a total premium.

Key Features include;

+ Rare two level freehold office
+ 501sqm land parcel
+ 12 onsite parking bays
+ Flexibility for Owner Occupiers/Investors/Developers
+ Zoned 'Mixed Use R80'
+ 278sqm* office building over two levels
+ Premium Rokeby Road location
+ Prime land holding with strong development upside
+ Suitable for a variety of purchasers
+ Rear laneway access
+ Directly next door to iconic Boucla café.
+ Blue Chip asset
+ Ability to develop the up to 5 stories in height limit
+ Part Leased with holding ground floor income of $55,282.37 pa.

Location

The property is ideally located in the heart of the Southern end of Rokeby Road and is just;

+ 2.9km* from Perth CBD
+ 600m* from Kings Park
+ 70m* from Chez Jean-Claude Patisserie
+ Directly next door to Boucla Café
+ 1.1km* from Subiaco train station
+ 1.1km* from Rosalie Park

Zoning
The property is zoned 'Mixed Use R80' according to the City of Subiaco Local Planning scheme No. 5.

The property resides within the 'Rokeby Road South Local Development Plan' with the ability to develop a building height up to 5 storeys.

Legal Description
Described as Lot 8 on Plan 830 2352 Volume 1893 Folio 78

Asking Price
Offers Invited Closing at 4pm on the 19th March 2025

Offer Documentation is available from the selling agents.

For further information please contact the exclusive sales agents Luke Randazzo on 0417 181 309 & Rob Selid 0412 198 294.