5 Pellew Street, Exmouth, WA 6707

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.