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.
*approximately
| Sale Analysis | |
| Sale Price: | $2,100,000 |
| Sale Date: | July 2021 |
| NLA Area: | 330sqm* |
| Land Area: | 652sqm* |
| Yield – passing | 4.76% |
| Price/land sqm: | $3,220/sqm |
| Vendor: | Private Investor |
| Purchaser: | Private Investor |
| Sales Process: | Sold off-market by invitation only |
A significant slice of Perth’s eastern CBD is set to change hands, with the prominent development site at 228 Adelaide Terrace formally launched to the market by Andrew Woodley-Page and Brett Wilkins of RWC WA. Occupying a substantial 3,275sqm freehold landholding, the property presents a rare large-scale CBD development opportunity … Read more
Leading commercial agents Andrew Woodley-Page and Brett Wilkins of RWC WA have been appointed to market for sale the freehold interest in 256 St Georges Terrace, Perth, with price expectations understood to be in the $200 million range. Prominently positioned at the “top of the Terrace” in Perth’s tightly held … Read more