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 2,004 properties. Over the last 5 years, Houses in Exmouth have seen a 100.59% increase in median value, while Units have seen a 201.00% increase. As at 30 November 2024:

  • The median value for Houses in Exmouth is $745,909 while the median value for Units is $409,833.
  • Houses have a median rent of $950 while Units have a median rent of $525.
There are currently 22 properties listed for sale, and 2 properties listed for rent in Exmouth on OnTheHouse. According to CoreLogic's data, 92 properties were sold in the past 12 months in Exmouth.

Suburb Insights for Exmouth 6707

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Darren Cossill
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Ray White Exmouth
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.