Raine and Horne commercial are pleased to present to the market for sale 7A Centro Avenue Subiaco.
Positioned in one of Perth's most dynamic inner-city precincts, this commercial offering presents a great opportunity to secure a Leased investment with a long-standing tenant in place.
Property Features
• Building: 89sqm
• Parking: 3 secure bays
• Central Subiaco location
• Street front / ground floor position
• Long standing tenant (20+ years)
• Common ablutions (shared with one tenant - incl. disabled toilet)
• Partitioned: Entry / Reception, 4 offices (or 3+ Boardroom), storage room and Kitchenette area.
• Short distance to Subiaco train Station, Homebase Subiaco, Public parking (along Roydhouse), Rokeby Rd, Coles / Target development and abundance of other amenity.
Currently leased on a 3-year lease expiring in December 2027.
Total income: $35,580pa + GST
For Sale: $535,000 (Going Concern)
For further information please contact the Sale agents.
The size of Subiaco is approximately 3.1 square kilometres. It has 12 parks covering nearly 5.0% of 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 7,443 properties. Over the last 5 years, Houses in Subiaco have seen a 70.08% increase in median value, while Units have seen a 75.34% increase. As at 31 March 2026:
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