$1,800,000 NEG

5 Pellew Street, Exmouth

For Sale
Property Type: Block Of Units
8 Beds 3 Baths 1266 Square metres 11 car spaces

MIXED ZONING - RESIDENTIAL & COMMERCIAL - AN INVESTOR'S DREAM WITH RENTAL SHORTAGES IN EXMOUTH

A BEAUTIFUL LIMESTONE BLOCK MIXED USE COMMERCIAL & RESIDENTIAL PROPERTY PROVIDING A HUGE OPPORTUNITY FOR RENTAL INCOME.

COMMERCIAL/RESIDENTAL PROPERTY BUILT IN LIMESTONE BLOCKS - Situated in the town of Exmouth the gateway to the World Heritage Ningaloo Reef Marine Park and Cape Range National Park; this property offers a 1266sqm fully fenced block built with 5 units approved for workers accommodation and/or professional offices; 12 x 10 concrete tilt up workshop rear right hand side; total private residence rear left side of the property comprising of 2 open plan units under one roof; 5 kw solar system; CCTV security cameras; 3 phase power and sensor lighting.

COMMERCIAL: HUGE WORKSHOP AND 5 UNITS (APPROVED FOR USE FOR STAFF/WORKERS ACCOMMODATION OR PROFESSIONAL OFFICES).

5 x COMMERCIAL UNITS
- Approved for workers/staff accommodation or professional offices;
- Each commercial unit has a floor area of 45sqm; is beautifully 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
- CCTV Security
- 2 Driveway entrances either side of the offices; 5 parking lots in front of the building
- Solar HWS
- One office space currently being leased at $370 per week plus outgoings. Commercial lease in place until
24/06/2023

12 x 10 WORKSHOP
- Complete 12 x 10 concrete tilt up workshop with kitchenette; office & bathroom/laundry;
- Mezzanine floor 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.

RHS Residence
- Open plan Kitchen/Living
- Bedroom with Ensuite
- Daikin Airconditioning
- Bosch dishwasher/ Westinghouse Oven
- Solar HWS
- Beautiful huge alfresco area with established tropical landscaping

LHS Residence - Currently being rented at $350 per week with a lease in place until 24/06/2023
- Studio apartment
- Open plan kitchen, small living and bedroom area
- Separate bathroom and linen cupboard
- Daikin Airconditioning
- Own courtyard, fully fenced and separate entry.

The studio apartment/residence and one professional office are currently leased; the potential to lease out all the remaining offices and the main residence and workshop. This property has huge potential for commercial/residential leasing income.

The Council has approved the front offices for workers' accommodation if required.

Unique built and one that needs to be viewed to appreciate. To arrange your viewing call New Edge Real Estate today.

Make your offer! Don't miss out.

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