13 Stuart Street, Carnarvon WA 6701

Attractive Commercial Investment Returning Over 11% Net*

An excellent opportunity to secure a leased commercial investment in the heart of the Carnarvon CBD.
Currently returning $38,986 per annum (ex GST), the property is leased until September 2027, with a further one-year option available. The tenant is responsible for all outgoings and has indicated a strong interest in remaining beyond the current lease term.

Positioned on a 529m² site with prominent Stuart Street frontage, the property comprises a well-maintained brick office building with a flexible dual-tenancy layout. Recent improvements include new flooring and a hot water system, while ducted air-conditioning services the building throughout. Rear parking is available with access from Egan Street.

Building Features:
Reception area
Multiple private offices
Meeting and work areas
Kitchen/tearoom
Male and female amenities
Rear parking with Egan Street access

Current Outgoings (paid by the tenant):
Shire Rates: Approx. $4,549 p.a.
Water Rates: Approx. $2,772 p.a.
Insurance: Approx. $4,291 p.a.

Offers From $350,000 + GST if Applicable
Representing a net return of approximately 11.1% p.a. at the asking price.*

*Based on the current annual rent of $38,986 (ex GST) and the asking price of $350,000. Prospective purchasers should make their own enquiries and calculations.