Realmark Commercial are proud to present to the market for Sale or Lease 128 Hay Street, Subiaco. A pure development, occupier or investment opportunity presents to secure one of the last remaining multi opportunity sites on Hay Street, Subiaco.Develop |Offering 1,838sqm* of prime inner city land with improved 1,626sqm* internal building area the subject property is located in close proximity to an abundance of thriving restaurants, bars and cafes and has dual street frontage's to Hay Street & York Street.Occupy |The property is currently vacant with substantial Office improvement's available to the prospective Tenant or Owner Occupier looking to take advantage.Invest |Take advantage of the gentrification of Subiaco which is rife with development and urban infill which is currently being realised.What to know;- Significant 1,838* sqm land holding- Dual Street frontage site- Develop | Occupy | Invest- Multiple development & Use opportunities- 4 to 6 storey height limit STCA- Vacant possession- 25* meter Hay Street frontage- 25* meter York Street frontageZoning;Sitting on a 1,838* sqm of land with front and rear access (ROW), this property is makes up part of the 'City of Subiaco- Activity Centre- TPS5' and is zoned 'Centre' which is capable of future higher density 6-storey redevelopment subject to council approval.Sales and Leasing campaign128 Hay Street, Subiaco - is offered for Sale & Lease via Expressions of Interest.For more information or to request a copy of the Information Memorandum, please contact Justin Baker or Wayne Chorley. *Approximate
The size of Subiaco is approximately 3.1 square kilometres. It has 12 parks covering nearly 5% of total area. The population of Subiaco in 2011 was 8,015 people. By 2016 the population was 9,188 showing a population growth of 14.6% in the area during that time. The predominant age group in Subiaco is 30-39 years. Households in Subiaco are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Subiaco work in a professional occupation. In 2011, 50.9% of the homes in Subiaco were owner-occupied compared with 52.4% in 2016.
Subiaco has 7,167 properties.
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