361 Rokeby Road,
Subiaco, WA 6008
Shops & Retail
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Map of 361 Rokeby Road
A Rare Freehold Investment Opportunity in the Heart of Rokeby Road's Bustling Hospitality Strip
- Current net income: $118,457.96 pa + GST
- Leased until 30 September 2027 + options
- 2 x 6-year options
Sterling Property, as Exclusive Selling Agents, are pleased to present for sale 361 Rokeby Road, Subiaco — a fully-leased food and beverage investment in the heart of one of Perth’s most desirable inner-city precincts.
Home to Piccolo Trattoria, a popular Italian restaurant, this property offers secure income, strong tenant covenant, and long-term development upside with its ‘Mixed Use’ zoning.
Key Highlights:
• Leased to established hospitality operator Piccolo Trattoria
• Current lease term to 30 September 2027 + 2 x 6-year options
• Net passing income: $118,457.96 per annum + GST
• Fixed 2.5% annual rent increases + market reviews at option
• Outgoings payable by the tenant under the Retail Tenancies Act
• Bank Guarantee: $30,000
• 292sqm building area
• 417sqm freehold landholding
• Zoning: ‘Mixed Use’ under City of Subiaco LPS5
• Plot ratio of 1.0, with potential uplift to 1.5 for residential mixed-use development
• Building height: up to 12m (subject to planning approval)
• Liquor Licence: Held by the tenant; may be transferred to the Landlord at lease end
• Offered for sale as a Going Concern (GST-free transaction)
Location:
Strategically positioned on Subiaco’s high-traffic Rokeby Road, this tightly held strip is home to numerous cafes, restaurants, boutique retailers, and professional services. The property benefits from excellent pedestrian visibility and strong surrounding demographics.
Key Surrounding Landmarks:
Subiaco Train Station – 600m
Subiaco Square Shopping Centre – 700m
Bob Hawke College – 750m
Kings Park – 1.5km
Perth CBD – 2.7km
Asking Price:
Offers from $2,300,000 (Going Concern)
Exclusive Selling Agents:
For further information, contact the Exclusive Selling Agents Brian Neo on 0411 868 4... or Jack Bradshaw on 0439 095 3....
Home to Piccolo Trattoria, a popular Italian restaurant, this property offers secure income, strong tenant covenant, and long-term development upside with its ‘Mixed Use’ zoning.
Key Highlights:
• Leased to established hospitality operator Piccolo Trattoria
• Current lease term to 30 September 2027 + 2 x 6-year options
• Net passing income: $118,457.96 per annum + GST
• Fixed 2.5% annual rent increases + market reviews at option
• Outgoings payable by the tenant under the Retail Tenancies Act
• Bank Guarantee: $30,000
• 292sqm building area
• 417sqm freehold landholding
• Zoning: ‘Mixed Use’ under City of Subiaco LPS5
• Plot ratio of 1.0, with potential uplift to 1.5 for residential mixed-use development
• Building height: up to 12m (subject to planning approval)
• Liquor Licence: Held by the tenant; may be transferred to the Landlord at lease end
• Offered for sale as a Going Concern (GST-free transaction)
Location:
Strategically positioned on Subiaco’s high-traffic Rokeby Road, this tightly held strip is home to numerous cafes, restaurants, boutique retailers, and professional services. The property benefits from excellent pedestrian visibility and strong surrounding demographics.
Key Surrounding Landmarks:
Subiaco Train Station – 600m
Subiaco Square Shopping Centre – 700m
Bob Hawke College – 750m
Kings Park – 1.5km
Perth CBD – 2.7km
Asking Price:
Offers from $2,300,000 (Going Concern)
Exclusive Selling Agents:
For further information, contact the Exclusive Selling Agents Brian Neo on 0411 868 4... or Jack Bradshaw on 0439 095 3....
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
361 Rokeby Road
Subiaco, WA 6008
Sterling Property CoSuite 6, 388 Hay Street
SUBIACO, WA 6008
SUBIACO, WA 6008
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