Approved Port Coogee SDA project offered for sale
A boutique coastal development site within Port Coogee’s marina precinct has been listed for sale.
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 – passing | 4.76% |
| Price/land sqm: | $3,220/sqm |
| Vendor: | Private Investor |
| Purchaser: | Private Investor |
| Sales Process: | Sold off-market by invitation only |
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