5 Pellew Street, Exmouth WA 6707
$1,800,000
-
3 Bedrooms
-
3 Bathrooms
House
View
Rare Mixed Use Commercial/Residental Property With Huge Potential Income
This beautiful limestone block, mixed use commercial/residential property provides a unique opportunity and potentially huge rental income.
Situated in the town of Exmouth, this property offers a 1266sqm fully fenced block built with 5 commercial units approved for workers accommodation and/or professional offices. The property layout in addition to the 5 units includes a 12 x 10 concrete tilt up workshop at the rear right hand side; a private residence at the rear left side of the property comprising of 2 open plan units under one roof. 5 Pellew St also has a 5 kw solar system, CCTV security cameras and 3 phase power and sensor lighting.
Current rental income on 3 of the commercial units @ $450pw + gst and outgoings = $70,393pa
Potential income
- 5 Units @ $450pw + gst and outgoings = $117,321+ gst and outgoings
- 1 Bedroom Studio $500pw = $26,071
- 1 Bedroom Unit $650pw = $33,892
- Workshop: include with the unit or rent as a separate entity. The choice is yours.
- Total $177,284 + pa.
COMMERCIAL AREA: Huge Workshop and 5 Units which can be used for staff/workers accommodation with council approval.
5 x COMMERCIAL UNITS
- Each commercial unit has a floor area of 45sqm;
- Tiled with built in kitchenettes (except one office)
- Cooled by Daikin air conditioning
- Communal toilet block that offers men's, ladies and disabled toilets
- Communications room with optic fibre lead in
12 x 10 WORKSHOP
- Complete 12 x 10 concrete tilt up workshop with kitchenette; office & bathroom/laundry;
- Mezzanine floor with upstairs area fully airconditioned (previously used as a bedroom)
- 5 KW Solar system & GAS hot water system
- Safe Room with keypad lock
- Lockable office, fully tiled and airconditioned, can also be used as a bedroom.
RESIDENTIAL (2 UNITS UNDER ONE ROOF WITH SEPARATE ENTRIES)
The residence offers 2 open plan units under one roof; separated by a common wall with separate entrances to each unit creating complete privacy for each unit. Ideal for workers accommodation.
A unique build and one that needs to be viewed to be appreciated. Don't miss out on this rare opportunity. Call Darren Cossill to arrange a viewing on 0439 931 877.
Property snapshot by reiwa.com
This property at 5 Pellew Street, Exmouth is a three bedroom, three bathroom house listed for sale by Darren Cossill at Ray White Exmouth.
For more information about Exmouth, including sales data, facts, growth rates, nearby transport and nearby shops, please view our Exmouth profile page.
If you would like to get in touch with Darren Cossill regarding 5 Pellew Street, Exmouth, please call 0439 931 877 or contact the agent via email.
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Exmouth overview
Exmouth is a townsite on the north west coast, 1260 kilometres north of Perth. It was gazetted a townsite in 1963, and was founded as a support town to the Harold E. Holt Communications Station run by the U.S. Navy.
Exmouth is situated on the western side of Exmouth Gulf from which it takes its name. The feature was named by Commander Phillip Parker King RN of HMS "Mermaid" during hydrographic surveys in the area in 1818. The name honours the Viscount Exmouth, Edward Pellew. Edward Pellew was born in Dover, England in 1757 and died in 1833. He had a very distinguished career in the navy, and was regarded as British naval hero. Pellew entered the Royal Navy at 13 years of age, was appointed Lieutenant in 1778 and received his commision as post Captain in 1780. In 1793 he received a knighthood for his heroic conduct in capturing the "Cleopatra", a French frigate. Three years later he was created a Baronet for his heroic services in saving the troops and crew of the British transport "Dutton". In 1804, he was promoted to the rank of Rear Admiral. In 1814, having risen to the rank of Admiral of the Blue, he was elevated to the peerage as Baron Exmouth of Canonteign, County Devon; and, finally, was advanced to a Viscountcy in 1816 for his gallantry in bombarding and totally destroying the fleet and arsenal of Algiers in that year.
Exmouth quick stats
High end
$850k
Median
$750k
Low end
$649k
This listing
11.5 %
Annual growth
$750k
Annual median sales price
$875pw
Annual median rental price
