<b>The Office Market</b><br><br>Subiaco is home to a diverse office market, with a mix of businesses spanning various industries. Prominent sectors include professional services (law, accounting, and consulting), healthcare, and creative industries such as design, advertising, and media. The area also houses a growing number of tech companies and startups, benefiting from its proximity to Perth's central business district. Additionally, Subiaco's office market attracts retail, hospitality, and education-related businesses, particularly due to its vibrant local community and easy access to transportation.<br><br>Regarding development density, Subiaco's office market features a moderate to high density of commercial spaces, primarily concentrated around the Subiaco town center. The area combines heritage buildings with modern office towers, providing a range of space options. Recent developments include mixed-use projects that integrate office spaces with residential and retail offerings. Despite its established nature, Subiaco continues to experience gradual densification with smaller-scale developments, maintaining a balanced urban environment. This blend of heritage preservation and new construction makes Subiaco a desirable office location within Perth.<br><br><b>Lifestyle &amp; Population</b><br><br>Subiaco has evolved into a vibrant, sought-after suburb with a dynamic lifestyle, attracting young professionals, families, and retirees. Over the last few years, it has undergone significant urban development, particularly along its central Rokeby Road and Hay Street, where cafes, restaurants, and boutique shops thrive. The area offers a mix of modern apartments, heritage homes, and townhouses, as well as parks and proximity to Kings Park, making it highly desirable for those seeking a balance between urban living and green spaces. Its strong public transport links and walkability add to its appeal.<br><br>In terms of population growth, Subiaco has seen steady increases, driven by its revitalization and the development of mixed-use spaces. With continued urban renewal, including new residential towers and improved infrastructure, Subiaco's population is expected to keep growing in the coming years. The suburb’s proximity to Perth’s CBD, universities, and workplaces further boosts its attractiveness, ensuring it remains one of the city's top locations for both residents and investors.<br>

will be owner occupied

Outgoings as per budget below sit at $72/sqm which is an expected rate for an office unit in this area. Depending on specs of the building we've seen rates as high as $160/sqm+.

Rental Comparison 7/71 Troy Terrace, Jolimont – 193m2 - $230/m2 1/330 Churchill Avenue, Subiaco – 148m2 - $250/m2 10/21 Roydhouse Street, Subiaco – 117m2 - $295/m2 4/100 Railway Road, Subiaco – 150m2 - $350/m2 6/29 Hood Street, Subiaco – 69m2 - $250/m2 1/21 Roydhouse St, Subiaco – 73m2 - $295/m2 Sales Comparable 7/71 Troy Terrace, Jolimont – 193m2 - $4,534/m2 10/21 Roydhouse Street, Subiaco – 117m2 - $6,154/m2 B1, 431-435 Roberts Road, Subiaco – 135m2 - $5,889/m2 5 & 5A Agnew Way, Subiaco – 214m2 - $5,911/m2 5/330 Churchill Avenue, Subiaco – 136m2 - $5,882/m2 4/431-435 Roberts Road, Subiaco – 102m2 - $5,716

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