Land area: 384 sqm
Floor area: 428sqm
Tenure type: Tenanted/Going Concern
Car bays: Nine, seven undercover
Storage area: 10.8 sqm
'402' is an iconic building with perhaps the best street presence and most striking façade at the 'Paris end' of Rokeby Road.
For decades it has housed a leading advertising and marketing firm and it reflects the business's focus on the importance of a strong and distinctive brand image.
From its huge, Jah Roc-custom-created, solid- jarrah double-door entry, to its unmatched undercover rear parking facility and covered barbecue/relaxation deck, this is the kind of building which would suit any organisation with a need to keep clients impressed.
And staff members well looked after and happy.
All the amenities visitors and employees want are here:
Two separate toilets (male and female).
An end-of-journey shower.
Two kitchenettes one upstairs, one down.
Plenty of meeting rooms (including an impressive boardroom).
Even more open plan space for work and play.
Air conditioning throughout.
A large storage shed at the rear, next to the 7 undercover car parking bays and 2 open bays.
What's more, there is two-lane access to the site, off Rokeby Road and Rupert Street, making it the ideal redevelopment site.
Speaking of redevelopment potential, '402' is directly across the road from the magnificent, 6-level Elysian, luxury apartment complex currently well under construction at 385 Rokeby Road.
And it's directly across the three-metre-wide lane from the former Julie Bishop Offices/Mediterranean Restaurant site whose redevelopment proposal for a six-level apartment complex is currently under review by the relevant Authority.
'402' is just metres from the most impressive collection of cafes and restaurants in Subiaco.
There's even the original Jean Claude bakery and patisserie, and Juanita's popular bar, mere seconds away.
And Elysian will soon offer its own mix of food shopping and other retail attractions, right across the road.
402 Rokeby Road is currently leased to its current tenant until the end of July 2023.
Net income is $120,000 (excluding GST)
Outgoings are $27,866
Contact Joyce Kong on 0423 467 515 for more details