Case Studies

415 Rokeby Road, Subiaco, Western Australia

SUBIACO INVESTMENT/DEVELOPMENT

The property comprises a character, extended 330sqm* two level converted house, situated over two adjoining lots on the corner of Nicholson Road and Rokeby Road at the southern end of Subiaco on a future development site of 652sqm*, backing onto a laneway.

The property was leased to the Subiaco Physiotheraphy clinic and a rear office tenancy.

  • 652sqm* total site area
  • Passing rent: $100,000
  • 1 year WALE

*approximately

Sale Analysis
Sale Price:$2,100,000
Sale Date:July 2021
NLA Area:330sqm*
Land Area:652sqm*
Yield – passing4.76%
Price/land sqm:$3,220/sqm
Vendor:Private Investor
Purchaser:Private Investor
Sales Process:Sold off-market by invitation only
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