402 Rokeby Road, Subiaco, WA 6008 | Property Value & History | OnTheHouse
OFF MARKET

402 Rokeby Road
Subiaco WA 6008

Bedrooms: -
Bathrooms: -
Car spaces: 9
Floor area: 358m2
Land area: 385m2
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Property Details for 402 Rokeby Rd, Subiaco

Building Type
Commercial
Year Built
1974
Floor Size
358m2
Land Size
385m2
Local Government
Subiaco
Lot/Plan
19/P002808

Last Listing description (June 2023)

Land area: 384 sqmFloor area: 428sqmTenure type: Tenanted/Going ConcernCar bays: Nine, seven undercoverStorage area: 10.8 sqm'402' is an iconic building with perhaps the best street presence and most striking facade at the 'Paris end' of Rokeby Road.For decades it has housed a leading advertising and marketing firm and it reflects the business's focus on the importance of a strong and distinctive brand image.From its huge, Jah Roc-custom-created, solid- jarrah double-door entry, to its unmatched undercover rear parking facility and covered barbecue/relaxation deck, this is the kind of building which would suit any organisation with a need to keep clients impressed.And staff members well looked after and happy.All the amenities visitors and employees want are here:Two separate toilets (male and female).An end-of-journey shower.Two kitchenettes - one upstairs, one down.Plenty of meeting rooms (including an impressive boardroom).Even more open plan space for work and play.Air conditioning throughout.A large storage shed at the rear, next to the 7 undercover car parking bays and 2 open bays.What's more, there is two-lane access to the site, off Rokeby Road and Rupert Street, making it the ideal redevelopment site.Speaking of redevelopment potential, '402' is directly across the road from the magnificent, 6-level Elysian, luxury apartment complex currently well under construction at 385 Rokeby Road.And it's directly across the three-metre-wide lane from the former Julie Bishop Offices/Mediterranean Restaurant site whose redevelopment proposal for a six-level apartment complex is currently under review by the relevant Authority.'402' is just metres from the most impressive collection of cafes and restaurants in Subiaco.There's even the original Jean Claude bakery and patisserie, and Juanita's popular bar, mere seconds away.And Elysian will soon offer its own mix of food shopping and other retail attractions, right across the road.402 Rokeby Road is currently leased to its current tenant until the end of July 2023.Net income is $120,000 (excluding GST) Outgoings are $27,866Contact Joyce Kong on 0423 467 515 for more details

Property History for 402 Rokeby Rd, Subiaco, WA 6008

A timeline of how this property has performed in the market
Last Sold
$2,000,000
12 May 2023
Listed for Rent
$2.28k/w
31 May 2023
  • 12 May 2023
    Sold for $2,000,000
  • 09 Mar 2023
    Listed for Sale $2,500,000 negotiable
  • 09 Mar 2023
    Listed for Rent $119,000 / year
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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 7,453 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.
There are currently 44 properties listed for sale, and 15 properties listed for rent in Subiaco on OnTheHouse. According to Cotality's data, 362 properties were sold in the past 12 months in Subiaco.

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

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.