20/22 Railway RoadSubiaco WA 6008
Property Details for 20/22 Railway Rd, Subiaco
Last Listing description (March 2025)
RWC WA proudly presents a prime leased investment opportunity: modern second floor office space with an exceptional parking ratio in a prominent building.Ideally located in a suburb experiencing a renaissance and surge in popularity, the property is just 400m* from Subiaco Train Station. This strata office, part of a 2007 built multi level commercial building, features a reception, boardroom, meeting rooms, open plan area, spacious individual offices, two balconies with independent amenities, and abundant natural light. Leased to a financial services company with a strong WALE and option.Property features:- Net lettable 357sqm*- 4 year lease + 4 year option- Net income of $132,800pa- 3% fixed reviews- 10 car baysFor further information or to arrange an inspection please contact:Stephen HarrisonM: 0421 622 777E: stephen.harrison@raywhite.com*Approx
Property History for 20/22 Railway Rd, Subiaco, WA 6008
- 10 Dec 2024Sold for $1,905,000
- 25 Jun 2024Listed for Sale $1,950,000
- 27 Sep 2023Listed for Sale All Offers Presented
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About Subiaco 6008
The size of Subiaco is approximately 3.1 square kilometres. There are 12 parks, covering nearly 5.0% of the total area. The population of Subiaco in 2016 was 9202 people. By 2021 the population was 9940 showing a population growth of 8.0% 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 2021, 52.80% of the homes in Subiaco were owner-occupied compared with 52.40% in 2016.
Subiaco has 7,461 properties. Over the last 5 years, Houses in Subiaco have seen a 56.79% increase in median value, while Units have seen a 66.85% increase. As at 31 August 2026:
- The median value for Houses in Subiaco is $2,286,433 while the median value for Units is $877,168.
- Houses have a median rent of $1,200 while Units have a median rent of $750.
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