BREAKING NEWS PRICE REDUCTION & POTENTIAL TENANTED INVESTMENT @ 5% YIELDAfter 28 years on the high exposure Hay Street Strip, the owners of this classic property are returning to Sydney after a successful 28 year trading history .For the new owners this unique brick and iron property has numerous features that will make the transition both smooth and welcoming with very little outlay. Presented with :-* ceiling to foot window frontage with double doors* Fujitsu ceiling mounted robust air conditioning - heating and cooling* ceiling mounted LED lighting * travertine marble flooring* back-lit cabinetry with glass adjustable shelving including sealed storage above * internal Onkyo sound system including outdoor mounted speakers* Commercial Twin Samsung Panels for Advertising with Lenovo media player* Rear Wash area with stainless steel bowl and mixer* Security - Alarm / Internal camera's and offsite monitoring to mobile . Security locks to rear.* Under-awning advertising sign x 2 plus large new LED box mounted on external wall as new.* 4 yes, 4 Car Bays generating approx $10,000 per annum total* Land rates $3,168.00 ; Water rates $2,190.00 ; Levies $1,600.00 per quarter.* LOCATION LOCATION LOCATION* Potential lease back opportunity at a 5% yieldfor more details or for an inspection BY APPOINTMENT!Michael Martino0417474105
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:
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