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23 Railway Rd 2,292 SF Office Condo Unit Offered at $1,049,941 in Subiaco, WA 6008
Investment Highlights
- Landmark mixed-use building in Subiaco
- End-of-trip and integrated lifestyle amenities onsite
- Short walk to Subiaco Train Station and café precinct
- 4,129 m² footprint segregated across retail, office and residential
- Secure basement car parking for commercial strata lots
- Designed for optimal natural light and connectivity
Executive Summary
23 Railway Road represents a five-level mixed-use development completed in 2015, aggregating approx. 4,129 m² over integrated podium frameworks. The design includes ground-level retail cafés and hospitality, Levels 1–4 dedicated to commercial offices, and Level 5 residential apartments. Construction entails reinforced concrete framing and high-performance curtain wall glazing systems, incorporating premium-grade interior common facilities inclusive of EOT, secure underground parking and dual-lift configurations.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
Lots 18 & 19 at 23 Railway Road, Subiaco, a premium 213 m² fully fitted office suite within a contemporary 2015-built mixed-use landmark known as Railway 23.
Sale Notes
Sterling Property offers for sale Lots 18 & 19 at 23 Railway Road, Subiaco, a premium 213 m² fully fitted office suite within a contemporary 2015-built mixed-use landmark known as Railway 23. Positioned less than 100 m from Subiaco Train Station and within proximity to CBD (approx. 5 km), this asset combines modern design, superior accessibility and integrated amenity into a turnkey commercial solution.
Configured to deliver immediate operational efficiency, the office incorporates a boardroom, meeting room, five private offices, six open-plan workstations, a large storage zone, kitchen facilities and breakout areas, all furnished in line with executive-grade sit/stand ergonomic standards. Delivered as a combined unit aligning Lots 18 (125 m²) and 19 (88 m²), the property includes four secure basement car bays forming part of title.
Benefiting from adjacency to blue-chip commercial occupiers and Subiaco’s hospitality ecosystem, the offering suits corporate users seeking occupation-ready tenancy or investors targeting low-risk acquisition with strong future leasing liquidity in a growth-focused metropolitan corridor.
Asking Price: $1,495,000 + GST (Price Reduced). Inspections strictly via Sterling Property.
Configured to deliver immediate operational efficiency, the office incorporates a boardroom, meeting room, five private offices, six open-plan workstations, a large storage zone, kitchen facilities and breakout areas, all furnished in line with executive-grade sit/stand ergonomic standards. Delivered as a combined unit aligning Lots 18 (125 m²) and 19 (88 m²), the property includes four secure basement car bays forming part of title.
Benefiting from adjacency to blue-chip commercial occupiers and Subiaco’s hospitality ecosystem, the offering suits corporate users seeking occupation-ready tenancy or investors targeting low-risk acquisition with strong future leasing liquidity in a growth-focused metropolitan corridor.
Asking Price: $1,495,000 + GST (Price Reduced). Inspections strictly via Sterling Property.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 18 & 19 | 2,292 SF | Office | $1,049,941 ($458.09/SF) | - |
Unit 18 & 19
| Unit Size |
| 2,292 SF |
| Condo Use |
| Office |
| Price |
| $1,049,941 ($458.09/SF) |
| NOI |
| - |
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Unit 18 & 19
| Unit Size | 2,292 SF |
| Condo Use | Office |
| Price | $1,049,941 ($458.09/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| Lots 18 & 19 at 23 Railway Road, Subiaco, a premium 213 m² fully fitted office suite within a contemporary 2015-built mixed-use landmark known as Railway 23.</li></ul> | |
| Sale Notes | |
| Sterling Property offers for sale Lots 18 & 19 at 23 Railway Road, Subiaco, a premium 213 m² fully fitted office suite within a contemporary 2015-built mixed-use landmark known as Railway 23. Positioned less than 100 m from Subiaco Train Station and within proximity to CBD (approx. 5 km), this asset combines modern design, superior accessibility and integrated amenity into a turnkey commercial solution.<br> Configured to deliver immediate operational efficiency, the office incorporates a boardroom, meeting room, five private offices, six open-plan workstations, a large storage zone, kitchen facilities and breakout areas, all furnished in line with executive-grade sit/stand ergonomic standards. Delivered as a combined unit aligning Lots 18 (125 m²) and 19 (88 m²), the property includes four secure basement car bays forming part of title.<br> Benefiting from adjacency to blue-chip commercial occupiers and Subiaco’s hospitality ecosystem, the offering suits corporate users seeking occupation-ready tenancy or investors targeting low-risk acquisition with strong future leasing liquidity in a growth-focused metropolitan corridor.<br> Asking Price: $1,495,000 + GST (Price Reduced). Inspections strictly via Sterling Property.</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 44,444 SF | Floors | 4 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 11,111 SF |
| Property Subtype | Apartment | Lot Size | 0.29 AC |
| Building Class | C |
| Total Building Size | 44,444 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 4 |
| Typical Floor Size | 11,111 SF |
| Lot Size | 0.29 AC |
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Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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23 Railway Rd
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