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Brought to market for the first time in over 25 years, Belle Property Commercial Perth as exclusive selling agents are pleased to present 36–38 Rowland Street, Subiaco.
Positioned within the heart of Subiaco’s coveted Village precinct, this boutique two-storey building sits on a substantial 639sqm* landholding with 876sqm* of NLA.
Level 1 includes a high-quality 219sqm vacancy, offering an exceptional opportunity for an owner-occupier to capitalise on rental income while occupying part of the building.
With strong tenant covenants in place, including an ASX-listed company, the property offers stability and a reliable income stream. This quality tenant mix underscores its appeal as a secure investment.
With 90% occupancy, each tenancy offers high end fit outs, abundant natural light, private balconies, and modern amenities creating a professional and elevated workspace. The layouts combine open-plan areas with glass-partitioned offices and boardrooms, ensuring both aesthetics and functionality.
Surrounded by cafés, retail, public transport and ongoing revitalisation, this is a rare opportunity to secure a blue-chip asset in one of Perth’s most tightly held locations, poised for continued growth.
Key Features:
• Iconic Subiaco commercial asset - first time offered in 25+ years
• Landholding 639sqm* with 876sqm* NLA
• 219sqm* vacancy on Level 1 – ideal for owner-occupiers or investors
• 90% leased with a combined $250,000* Net income
• Strong tenant covenants including an ASX-listed company
• High-end fitouts, dual balconies, and excellent natural light
• Direct pedestrian right of way access to Rokeby Road via carpark
• Secure under cover parking for 26 cars
• Flexible zoning: R-AC0 (Centre) under Subiaco LPS5
• Surrounded by retail, cafés, and walking distance to Subiaco Train Station
• Rare Subiaco opportunity with immediate income and long-term upside
Zoning:
Zoned ‘Centre’ (R-AC0) under Subiaco’s LPS5, the site offers outstanding development flexibility and long-term growth potential. This premium zoning permits a broad range of mixed-use outcomes including commercial, retail and residential, with no prescribed height or plot ratio limitations, subject to relevant design and planning approvals.
Sale Process:
Offered for sale via Expressions of Interest closing Tuesday, 16 September 2025 at 5:00pm AWST (unless sold prior). The Seller reserves the right to accept an offer prior to the closing date.
An Information Memorandum, EOI document, and further lease details are available upon request.
Inspections:
Private inspections available strictly by appointment only.
To arrange a private inspection, please contact the exclusive listing agent.
Disclaimer – While best effort is made to ensure information is correct at time of listing, it is provided for reference only and may be subject to change. Chattels depicted or described are not included in the sale unless specified in the Offer and Acceptance. The owners reserve the right to sell the property prior to the closing date.
Remember to mention you found this property on CommercialReady
Brought to market for the first time in over 25 years, Belle Property Commercial Perth as exclusive selling agents are pleased to present 36–38 Rowland Street, Subiaco.
Positioned within the heart of Subiaco’s coveted Village precinct, this boutique two-storey building sits on a substantial 639sqm* landholding with 876sqm* of NLA.
Level 1 includes a high-quality 219sqm vacancy, offering an exceptional opportunity for an owner-occupier to capitalise on rental income while occupying part of the building.
With strong tenant covenants in place, including an ASX-listed company, the property offers stability and a reliable income stream. This quality tenant mix underscores its appeal as a secure investment.
With 90% occupancy, each tenancy offers high end fit outs, abundant natural light, private balconies, and modern amenities creating a professional and elevated workspace. The layouts combine open-plan areas with glass-partitioned offices and boardrooms, ensuring both aesthetics and functionality.
Surrounded by cafés, retail, public transport and ongoing revitalisation, this is a rare opportunity to secure a blue-chip asset in one of Perth’s most tightly held locations, poised for continued growth.
Key Features:
• Iconic Subiaco commercial asset - first time offered in 25+ years
• Landholding 639sqm* with 876sqm* NLA
• 219sqm* vacancy on Level 1 – ideal for owner-occupiers or investors
• 90% leased with a combined $250,000* Net income
• Strong tenant covenants including an ASX-listed company
• High-end fitouts, dual balconies, and excellent natural light
• Direct pedestrian right of way access to Rokeby Road via carpark
• Secure under cover parking for 26 cars
• Flexible zoning: R-AC0 (Centre) under Subiaco LPS5
• Surrounded by retail, cafés, and walking distance to Subiaco Train Station
• Rare Subiaco opportunity with immediate income and long-term upside
Zoning:
Zoned ‘Centre’ (R-AC0) under Subiaco’s LPS5, the site offers outstanding development flexibility and long-term growth potential. This premium zoning permits a broad range of mixed-use outcomes including commercial, retail and residential, with no prescribed height or plot ratio limitations, subject to relevant design and planning approvals.
Sale Process:
Offered for sale via Expressions of Interest closing Tuesday, 16 September 2025 at 5:00pm AWST (unless sold prior). The Seller reserves the right to accept an offer prior to the closing date.
An Information Memorandum, EOI document, and further lease details are available upon request.
Inspections:
Private inspections available strictly by appointment only.
To arrange a private inspection, please contact the exclusive listing agent.
Disclaimer – While best effort is made to ensure information is correct at time of listing, it is provided for reference only and may be subject to change. Chattels depicted or described are not included in the sale unless specified in the Offer and Acceptance. The owners reserve the right to sell the property prior to the closing date.
Remember to mention you found this property on CommercialReady
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