FOR SALE
$1,800,000 plus gst.

5 Pellew Street
Exmouth WA 6707

Bedrooms: 3
Bathrooms: 3
Car spaces: 5
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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.
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Property Details for 5 Pellew St, Exmouth

5 Pellew St, Exmouth is a 3 bedroom, 3 bathroom House with 5 parking spaces. The place is currently for sale with Ray White Exmouth.

Building Type
House

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About Exmouth 6707

The size of Exmouth is approximately 50.7 square kilometres. It has 17 parks covering nearly 2.4% of total area. The population of Exmouth in 2011 was 2,206 people. By 2016 the population was 2,524 showing a population growth of 14.4% in the area during that time. The predominant age group in Exmouth is 30-39 years. Households in Exmouth are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Exmouth work in a trades occupation. In 2011, 48.1% of the homes in Exmouth were owner-occupied compared with 49.1% in 2016.

Exmouth has 2,001 properties. Over the last 5 years, Houses in Exmouth have seen a 103.58% increase in median value, while Units have seen a 254.70% increase. As at 30 September 2024:

  • The median value for Houses in Exmouth is $739,200 while the median value for Units is $475,106.
  • Houses have a median rent of $925 while Units have a median rent of $525.
There are currently 16 properties listed for sale, and 5 properties listed for rent in Exmouth on OnTheHouse. According to CoreLogic's data, 88 properties were sold in the past 12 months in Exmouth.

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Darren Cossill
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Ray White Exmouth
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