335 Churchill Avenue, Subiaco, WA, 6008

Sterling Property, as Exclusive Selling Agents, are pleased to present 335 Churchill Avenue, Subiaco For Sale by Offers Invited.

Positioned in the heart of Subiaco near the corner of Churchill Ave and Rokeby Road, the property presents an attractive opportunity for investors and owner-occupiers, combining established income, a ground-floor vacant possession opportunity and longer-term redevelopment potential.

The property comprises approximately 730sqm of building area on a 695sqm landholding and directly adjoins the Council-owned Barker Road car park providing approximately 80 bays.

Key Highlights

- Land Area: 695sqm*

- Building Area: 730sqm*

- Car Bays: 3

- Current Net Passing Income: $212,508.16 p.a.

- Estimated Fully Leased Net Income: $287,308.16 p.a.

- 176sqm ground-floor tenancy offered with vacant possession*, providing an ideal owner-occupier or re-leasing opportunity

- Estimated market rental of $74,800 p.a. net for the vacant tenancy, based on $425/sqm

- Established tenants including Ticketmaster, Strength Lab Pilates and CrossCorp Business Advisors

- Adjoins the Council-owned Barker Road car park with approximately 80 bays

- Low outgoings

- Flexible R-AC0 'Centre' zoning which could suit a range of uses including office, retail, medical and showroom or other (STCA)

- Well-maintained and presented commercial building

- Future redevelopment potential for 4 storeys + 2 bonus levels (STCA)

- Strategically positioned to benefit from Subiaco’s continued resurgence and the nearby Subi East precinct

The vacant 176sqm ground-floor tenancy provides purchasers with flexibility to occupy part of the property while receiving income from the balance, or alternatively re-lease the space and increase the property’s income.

With established tenants, rental upside, excellent surrounding parking amenity and longer-term redevelopment potential, 335 Churchill Avenue represents a rare opportunity to secure a versatile commercial asset in central Subiaco.

Statutory Outgoings FY26/27

Council Rates - $19,430 pa

Water Rates - $5,160 pa

Land Tax - $20,770 pa

Sales Process

Offers Invited - no set closing date, vendor reserves the right to accept an offer at any time.

For further information or to arrange an inspection, please contact the Exclusive Selling Agent:

Jack Bradshaw - 0439 095 336

[email protected]

Brian Neo - 0411 868 486

[email protected]

Remember to mention you found this property on CommercialReady