Positioned right in the centre of Subiaco’s iconic Rokeby Road strip, this is one of those opportunities that rarely comes to market. Combining strong street presence, character charm and a fully leased profile, this mixed-use asset delivers both immediate income and long-term upside.
Set across two titles on a 638sqm landholding, the property blends three high-exposure retail tenancies with four residential townhouses to the rear – creating a well-balanced and diversified income stream in one of Perth’s most tightly held lifestyle precincts.
The existing improvements present exceptionally well, with over 21 metres of frontage to Rokeby Road and a character faade that anchors the property within the streetscape. Behind, the residential component offers charming two-level townhouses with private courtyards, timber features and strong ongoing rental appeal.
This is a holding defined by position, consistency and future potential – whether as a long-term investment or a strategic addition to a commercial portfolio.
PROPERTY FEATURES
638sqm landholding across two titles
Prime Rokeby Road frontage of over 21 metres
Three retail tenancies with strong exposure
Four residential townhouses (2×1 configuration)
Character improvements with excellent presentation
Total building area of approximately 641.9sqm
Centre (R-AC0) / Town Centre zoning allowing flexible use
INCOME PROFILE
A compelling circa 8% ROI, supported by multiple tenancies and consistent holding income.
Fully leased with a diverse mix of retail and residential tenants
Established tenants including Bagel O’s, wellness and service-based operators
Balanced income stream across multiple tenancies
Strong underlying rental demand in a premium location
LOCATION
Positioned in the heart of Subiaco’s retail and commercial precinct
Surrounded by established businesses, cafs and lifestyle amenity
Approximately 2.5km to the Perth CBD
Excellent connectivity via major arterial roads and freeway access
A tightly held precinct with strong ongoing demand from both tenants and investors
A property like this is all about location, scale and long-term performance – and in Subiaco, opportunities of this calibre are few and far between.
For more information or to arrange a viewing, contact Samantha or Mark today.
DISCLAIMER
This information is provided for general information purposes only and is based on information supplied by third parties including the seller and relevant authorities. While believed to be accurate, interested parties should rely on their own enquiries.