414 Rokeby Road, Subiaco WA 6008

Purchase or Lease a Piece of Subiaco's History - Occupy / Invest / Develop

Sterling Property as Exclusive Agents are pleased to present for sale or lease a truly iconic property located at 414 Rokeby Road, Subiaco.

Located at the southern entry of Subiaco, one of Perth’s most vibrant suburbs, this property offers high visibility, a charming façade and multiple balconies. Previously home to the Mediterranean Restaurant, the courtyards still feature original grapevines, maintaining its classic ambiance.

Rokeby Road is renowned for its mix of cafes, restaurants, boutique shops, and professional services, creating a dynamic business environment.

414 Rokeby features 17 onsite car bays—rare in this area—with ample street parking and easy access to public transport, including the Subiaco train station and bus routes.

Key Features:
- Total Building Area 646sqm
- Total Land Area 748sqm
- 17 onsite car bays
- High profile location rich in history
- Short term holding income
- 2 street frontage with ROW
- Current Mixed Use Development Approval
- Flexible layout that can be easily adapted for types of business's over 2 levels

New Asking Price:
From $3,250,000 (Going Concern)

Asking Rent:
$250/sqm or $161,500 pa + GST

Asking Car Bay Rent:
17 bays @ $200 per bay/month + GST

Outgoings:
TBA

Current Zoning:
Mixed Use - R80

Development Approval:
In December 2023 the Metro Inner-North Joint Development Assessment Panel approved The DA for a five-storey mixed-use development, including seven apartments, three offices, and a private roof terrace. A copy of the DA is available via the Exclusive Agents.

For further information or to arrange an inspection please contact Exclusive Agents Jack Bradshaw 0439 095 336 or Brian Neo 0411 868 486.