Centrally located, this property commands a prominent corner exposure on both Rokeby and Barker Roads, in Subiaco, with over 3.5 million vehicles passing along Rokeby Road per annum (Main Roads). Subiaco is a well-known suburban retail / commercial / residential precinct approximately 3km outside of Perth CBD.

The property benefits from public parking adjacent to the rear and is well serviced by public transport with a number of bus services passing along Rokeby Road and Subiaco Train Station located just 500 metres north.

Subiaco is undergoing extensive revitalisation and repositioning with a number of significant developments being undertaken within close proximity to the property. These major developments include the Subiaco Pavilion Markets, Station Street Markets and the Ace Cinema Complex.

The property comprises a single level shop currently leased to ASX Top 50 listed and one of Australia’s “Big Four” banks, Westpac.

The tenant has been in occupancy for over 15 years with a current lease term until 2022.

There is medium term redevelopment potential.

Area: 354m2

Frontage: 11.26 metres

Depth: 31.5 metres

Now Selling: All offers over $4.2M considered

To request a copy of the Information Memorandum or to arrange an inspection, please contact:

Jim Tsagalis - 0411 760 7... or email mdpa@lease-equity.com.au