Sterling Property is pleased to exclusively offer Units 2-9, 65 Hay Street, Subiaco, available individually or in-one-line. These high quality strata opportunities offer vacant possession for owner-occupiers or secure income streams for investors, all within a modern, well-appointed building featuring an on-site cafe and rooftop terrace.Ideally positioned just a few hundred metres from the Hay Street / Thomas Street intersection, the property benefits from excellent connectivity between Subiaco and West Perth, strong public transport access, prominent exposure and generous on-site parking. The accommodation is well suited to office, medical, consulting or allied health users (STCA).The building comprises two levels of quality commercial accommodation with residential apartments above and is enhanced by premium amenity, including an on-site cafe, end-of-trip facilities, a shared rooftop terrace, balconies, excellent natural light and signage opportunities.The Offerings: Lots 2-5 | Ground Floor - Vacant PossessionFitted office / consulting accommodation comprising a welcoming reception area, boardroom, meeting rooms, offices, open plan areas and internal kitchenette / toilet facilities. Ideal for owner-occupiers seeking office, medical, consulting or allied health accommodation (STCA).Lots 6-7 | Leased Investment- Tenant: Vault Security- Lease Expiry: 30 November 2028- Net Income: $101,994 pa- Rent Reviews: Fixed 4% annual increases - Options: Nil Lots 8-9 | Leased Investment- Tenant: Fogarty Services- Lease Expiry: 31 October 2026- Net Income: $90,962.56 pa- Rent Reviews: Fixed 4% annual increases- Options: Nil - Suits Future Owner-OccupiersAreas & Parking:- Lots 2-5: 414 sqm* | 9 car bays | 1 store room (Lot 3)- Lots 6-7: 252 sqm* | 5 car bays- Lots 8-9: 206 sqm* | 4 car baysAsking Price:- Lots 2-5: $2,279,000 + GST - Lots 6-7: $1,389,000 (Going Concern) - Lots 8-9: $1,139,000 (Going Concern) Key Benefits- Suits office, medical, consulting or allied health uses (STCA)- Vacant possession and leased investment options- Cafe within the building providing excellent occupier amenity- Prime city-fringe location between West Perth & Subiaco- Excellent on-site parking ratios- Showers & bike parking (end-of-trip facilities)- Rooftop shared terrace & balconies- Signage opportunities and strong exposure- Abundant natural light throughoutZoningR-AC0 'Centre' (City of Subiaco)For further details or to request the Information Memorandum, please contact the Exclusive Selling Agents: Jack Bradshaw or Brian Neo
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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