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Subiaco Hotel, 455-465 Hay Street, Subiaco, WA, 6008

Subiaco

SOLD

Subiaco Hotel, 455-465 Hay Street, Subiaco, WA, 6008

Properties / Sold / Western Australia / Subiaco

Development Potential

Property Type

Residential, Mixed Use

Land Area

2,060 m² (*approx)

Selling Method

SOLD: Contact Agent

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THE ICONIC SUBIACO HOTEL

First time offered in over 120 years
100% freehold plus business offered
Prominent 2,060sqm corner site

JLL as exclusive selling agent acting jointly with Richard Noble is pleased to offer for sale the iconic Subiaco Hotel.

"The Subi" represents a generational opportunity to acquire arguably Perth’s most recognised inner-metro Hotel, which also offers very significant redevelopment potential.

For over 100 years the Subiaco Hotel has been the city’s “go to” food and beverage destination, being less than 3km west of the Perth CBD.

The Subiaco Hotel benefits from its position on the most prominent intersection in the heart of Subiaco’s food and beverage, retail and entertainment precinct.

Key features of this once in a lifetime opportunity are summarized as following;

First time offered in over 100 years
100% freehold plus business available
Classic heritage pub constructed in 1897
Prominent 2,060sqm corner site
High amenity location
Proximity to the Perth CBD and public transport
Significant mixed-use development potential
Flexible planning regime with many potential uses
Attractive plot ratio and building height provisions
Affluent residential catchment
Extensive circa $6.5million renovation in 2014
Strong holding income potential

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