280 Hay StreetSubiaco WA 6008
Property Details for 280 Hay St, Subiaco
Last Listing description (June 2026)
MLV Property, as exclusive agents, are proud to present 280 Hay Street, Subiaco - a compelling opportunity for owner-occupiers, investors, or developers looking to secure a strategic asset in the heart of Subiaco.
Subiaco is undergoing significant transformation, led by the Subi East redevelopment, which is set to deliver thousands of new residents, enhanced connectivity, and substantial investment into the precinct. This evolution, alongside a broader push toward mixed-use activation, is expected to drive increased demand for well-located commercial space and underpin long-term value.
The property comprises a green title site of approximately 605sqm, improved with a two-level office building offering approximately 664sqm of Lettable Area. The building is configured into seven individual suites, with one 81sqm suite currently leased on a month-to-month basis.
Additional income is generated via undercroft parking for approximately 16 vehicles, some which are also leased on a month-to-month basis.
Some capital works will unlock the full potential of this asset; however, the owners are realistic and this property provides flexibility and scope to accommodate a range of investor and owner-occupier strategies.
The current building configuration also lends itself to potential strata titling (STCA), which would then allow units to be sold off individually, or in one line, offering further value-add opportunities and investment risk mitigation.
Prominently positioned with Hay Street frontage, the property benefits from strong exposure and direct integration with Subiaco's established retail and commercial core.
Asset Snapshot:
Prime 605sqm* green title landholding
664sqm* two-level office building with flexible suite configuration
Modest holding income from one office suite and undercroft parking (month-to-month)
Capital works will unlock full leasing potential and maximise returns
Significant value-add opportunity through refurbishment, repositioning or redevelopment (STCA)
Potential for strata titling given existing building configuration (STCA)
Prominent Hay Street frontage with strong exposure to Subiaco's retail and commercial core
Located within a rapidly evolving precinct
Opportunity to benefit from increasing demand for well-located commercial space
Suitable for owner-occupiers, investors or developers
Don't miss the opportunity to secure a complete building at an affordable level in one of Perth's best commercial precincts.
For inspections, please contact exclusive agents Alice Brydges 0415 799 723 or Tony Gorman (Director of Agency) 0403 589 994.
Property History for 280 Hay St, Subiaco, WA 6008
- 14 Apr 2026Listed for Sale Expressions of Interest
- 23 Mar 2007Sold for $3,000,000
Recent sales nearby
See more recent sales nearby/assets/perm/jitj5acmdui6zkrppuxoefdona?signature=7a2b3fb7827c4c991c156d34da3219824ad35aa877bb1af1dac6b5828e9c5f38){kind=logo}
0
/assets/perm/am3oo3p77ei6tdrcd6oaoitbai?signature=b7b5d810c880fab4de50befd4e6b95a4a5c679023e9cd946ea10f55f6bfdf91a){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
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 7,453 properties. Over the last 5 years, Houses in Subiaco have seen a 69.14% increase in median value, while Units have seen a 74.12% increase. As at 30 June 2026:
- The median value for Houses in Subiaco is $2,389,233 while the median value for Units is $914,510.
- Houses have a median rent of $1,193 while Units have a median rent of $750.
Suburb Insights for Subiaco 6008
Market Insights
Subiaco Trends for Houses
N/A
N/A
View TrendN/A
N/A
Subiaco Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
