2/531 Hay Street,
Subiaco, WA 6008

Shops & Retail

Key property information

Floor area

Sold on

Map of 2/531 Hay Street

Directions

Quality Investment, Outstanding Location

This shop has Hay St frontage & is between Rokeby Rd & the Railway & Roberts St intersection. It is approx 4km west of the Perth CBD.
The shop is a ground floor unit of 37sqm & there are 20 units within the Subiaco Village Complex. This shop features a reception area, 3 treatment rooms & kitchen. However, the partitioning & fitout belong to the tenant.
The shop is leased to the Subiaco Skin Care Centre. The latest lease commenced on 1st Jan 2011 & is for 3 years with a 3 year option.
The rental is $24,000.00 per annum with the tenant paying normal retail tenancy outgoings. The rent reviews are annual and are to CPI, other than when the option is exercised, then there is a market review on 1st Jan 2014.
Price: $425,000.00 - There is no GST with the proprietor not being registered for GST

Subiaco, 6008 demographic data

The median household income for Subiaco is $2,219, 19% higher than Greater Perth's household income of $1,865. Subiaco has an older age profile compared to the rest of Greater Perth (median age 40 vs 37). Property ownership data shows 45% of property owners in Subiaco have a mortgage.

9,940

Population

$2,219 per week

Median household income

40 years

Median age

Owners

Most residents

Families

Most households