59 Hamersley RoadSubiaco WA 6008
Property Details for 59 Hamersley Rd, Subiaco
Last Listing description (June 2023)
LJ Hooker Commercial Perth and The Health Linc as Joint Exclusive Agents are pleased to offer For Sale 59 Hamersley Road, Subiaco.
This is a fantastic opportunity to purchase a fully leased medical property in the heart of Subiaco.
Key Details:
- Long standing medical tenant (BUPA)
- Total building area 300sqm*
- Total land area: 973sqm*
- Up to 14 onsite car bays
- Excellent connectivity to public transport routes and various road networks
- Near One Subiaco by Blackburne, the regeneration of the Pavilion Markets site
- Easy walking distance to Kings Park
Permitted Use:
Dental Practice under the City of Subiaco.
The City of Subiaco recently endorsed the new Local Planning Scheme No.5 (LPS5).
Location:
Situated in an affluent inner metropolitan suburb only 3km west of the Perth CBD, the property is located on the southern side of Hamersley Road on the corner of Townshend Road.
The property benefits from dual street frontages and ROW access to parking and is close to the Subi East development project area that includes Subiaco Oval, Bob Hawke College, Mueller Park, the former Princess Margaret Hospital site.
The property is occupied by a strong lease covenant (BUPA Dental Corporation) and is within close proximity to Subiaco Train Station, Subiaco Square and major transport routes and amenities.
Current Lease Particulars:
Lessee: DC Holdings WA Pty Ltd (BUPA)
Lease Term: 10 years
Lease Expiry: 27th March 2024
Option: 2 x 5 year options
Current Net Income: $155,000 pa + GST
Rent Reviews: Fixed CPI annual increases. Market review at option.
Outgoings: Payable by the Lessee
For Sale By:
Expressions Of Interest
Price Guide
$2,500,000 (Going Concern)
To arrange an inspection or obtain an Information Memorandum please contact Exclusive Selling Agents Brian Neo on 0411 868 486 or Brad Potter on 0411 185 006.
*approx
Property History for 59 Hamersley Rd, Subiaco, WA 6008
- 15 Apr 2020Listed for Sale Expressions of Interest
Recent sales nearby
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0About 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 7,456 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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