157 York Street, Subiaco WA 6008

This is a truly unique opportunity to secure a significant "Town Centre" zoned, mixed use holding, in one building, in the heart of Subiaco's business and entertainment precinct.

Situated on the corner of York and Ellen Streets, "Directions" as it is known was built in 2005 and has become an iconic fixture in the area.

The opportunity on offer is to secure 4 properties in one package on one title, two currently used as residences and two as commercial offices and boasting 400m2 of total area. This package sits in a boutique Strata, strata fees $2,723pq (approx).

Specifically:

Two ground floor commercial units, each with a kitchenette and bathroom and with two car bays. This space has been most recently used as one office;

A spacious 3 bed, 1 bath "Penthouse apartment" directly above the commercial offices on the first floor, with, two tree top balconies and one car bay; and

A one bedroom one bathroom Mezzanine level apartment, adjacent to the Penthouse Apartment, with its own balcony and a car bay.

The opportunities are truly endless.

Live in the Penthouse upstairs, work in an office downstairs and enjoy income from the second office and one bed apartment.

OR

Live in the Penthouse, have a family member move into the one bed apartment and rent out both offices.

OR

Live in the Penthouse and rent out the 3 additional properties.

OR

Rent out all 4 as an investment, take a large stake in this prime corner plot and enjoy the significant potential income on offer.

Whatever your preference may be, don't miss this rare opportunity to take a strategic position in this thriving pocket of Subiaco.

This property is co listed between Thea Samuel and Alex Blain at Edison McGrath Residential and Alan Mijacika of Edison Commercial and is available for viewing by appointment.