This is a genuine opportunity to purchase property in this tightly held precinct of Subiaco, being the first time offered in over a century.
This property boasts 3 buildings over 4 lots with a diverse range of tenancies with a two street frontage. Take advantage of the housing shortage by redeveloping or land bank with holding income
Three buildings being:
• 79-81 Rokeby Road is 2 level mixed use office, retail building
• 83-85 Rokeby Road is a 3 level mixed use office, retail and nightclub
• 14-16 Rowland Street is a 4 level office building
LOCATION
Subiaco is ideally positioned on the Western fringe of the Perth CBD. The property is situated in the heart of this vibrant and historical suburb which has every amenity available to the public.
The property is located metres from the main Subiaco intersection of Hay Street and Rokeby Road, home of the iconic Regal Theatre and Subiaco hotel. This affluent inner metropolitan suburb has an extensive trade catchment and is less than 3km from the Perth CBD. Subiaco is one of Perth's most beautiful and interesting suburbs, a leafy, sophisticated walking city full of heritage buildings, galleries and museums, boutique shopping, alfresco restaurants, cafes, small bars, niche providores, gourmet delis, patisseries and ice-creameries. With easy parking and a prime location on the rail line, next to Kings Parks and between the CBD and the beach, it is one of the most convenient locations in Perth. Blessed with an abundance of commercial and free community facilities, parks and lakes, gyms, tennis and basketball courts, major hospitals, health and beauty services and so much more, Subiaco is one of the most liveable cities in Perth. With close proximity to Bob Hawke College, Perth Modern School, St John of God hospital, Subiaco transit station, University of Western Australia including the significant 'One Subiaco' development located on the northeast block of the intersection. It is no wonder Subiaco is once again flourishing and has again become the go-to destination for locals and visitors for breakfast, lunch and dinner, seven days per week.
TITLE DETAILS
The land is comprised of 3 titles over 4 lots being 1,216sqm:
• Lot 29 - 79-81 Rokeby Road
• Lot 28 & 47 - 83-85 Rokeby Road
• Lot 48 - 14-16 Rowland Street
83-85 Rokeby Road is a standalone three level building and has ground floor retail with stairway and elevator entrance to the night club which occupies the first and second levels. This building is internally connected with 14-16 Rowland Street,
14-16 Rowland Street known as the Forest Centre is a standalone four level office building with basement level car parking, cool room and storage. This building is internally connected with 83-85 Rokeby Road.
79-81 Rokeby Road is a standalone two level building with retail on the ground floor and office on the first level. The northside of the property adjoins Hiddlestone laneway which is a thoroughfare between Rowland Street and Rokeby Road.
LICENCE
Nightclub Licence No. 6070007492 with maximum accommodation of 350 persons
4 lots being sold as one parcel via offers to purchase, over $7.5 million plus GST.
For further information or arrange an inspection, contact Michael Fuller & Phil Farris of Johnson Property Group
