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8&10 / 184 Rokeby Road Subiaco, WA 6008

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8&10 / 184 Rokeby Road,
Subiaco, WA 6008

Shops & Retail • Offices

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Floor area

Tenure type

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Map of 8&10 / 184 Rokeby Road

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LOW RISK INVESTMENT; BANK TENANT - SOUGHT AFTER LOCATION

Offered for sale is an extremely rare opportunity to secure a securely leased investment property within Subiaco’s Crossways Shopping Centre with balance of 2.5 years (approx) on lease.

Property Features -

Total Strata Area: 157sqm
Suite 8: 94sqm
Suite 10: 63sqm
- Prime location within Subiaco commercial precinct.
- Frontage to Bagot Rd
- Approx. 2.5 years remain on Lease plus 5yr option
- Secure Blue Chip Tenant
- Investment returns 6% (approx.)


Lease Details -

Tenant:
Bank of Queensland

Lease Term:
5 years commencing 8th March 2011

Expires:
7th March 2016

Option:
N/A

Net Rental:
$86,424 p.a. plus GST

Outgoings:
Payable by tenant

Rent Reviews:
Fixed percentage increase of 4% in years 1 & 3 (March 2014)
CPI Review Dates in years 2 & 4 (2015)
(Market review at option 2016)

For Sale: $1,395,000 (Sold going concern for GST purposes)

For further information on this property or to arrange a viewing, contact the selling agents.

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
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8&10 / 184 Rokeby Road
Subiaco, WA 6008

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