361 Rokeby RoadSubiaco WA 6008
Property Details for 361 Rokeby Rd, Subiaco
Last Listing description (July 2025)
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 - 600mSubiaco Square Shopping Centre - 700mBob Hawke College - 750mKings Park - 1.5kmPerth CBD - 2.7kmAsking Price:Offers from $2,300,000 (Going Concern)Exclusive Selling Agents:For further information, contact the Exclusive Selling Agents Brian Neo on 0411 868 486 or Jack Bradshaw on 0439 095 336.
Property History for 361 Rokeby Rd, Subiaco, WA 6008
- 29 May 2025Sold for $2,300,000
- 23 May 2025Listed for Sale Offers from $2,300,000 (Going Concern)
- 01 Jul 2021Sold for $1,853,500
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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 7,459 properties. Over the last 5 years, Houses in Subiaco have seen a 62.40% increase in median value, while Units have seen a 71.79% increase. As at 31 July 2026:
- The median value for Houses in Subiaco is $2,332,449 while the median value for Units is $911,840.
- Houses have a median rent of $1,150 while Units have a median rent of $750.
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