Savills are excited to present to the market 10 strata units to be sold in one line located at 31 Robinson Street, Carnarvon.
Carnarvon is a coastal town located 900kms north of Perth and provides a diverse economy including tourism, agriculture, fishing and mining. The subject properties are located on Carnarvon s main street adjoining the post office and within 80m from the Carnarvon Central Shopping Centre and Woolworths.
The subject properties comprise 10 strata units ranging from 24sq m 135sq m with a total strata lot area of 798sq m. The properties have a passing rent of $80,574 and a fully leased income of $151,590. Tenants include TAB, Gascoyne Office Equipment and The Tax Shop. Approximately 1,700sq m of bitumen common car parking is included within the complex.
The size of Carnarvon is approximately 4.9 square kilometres. It has 4 parks covering nearly 2.9% of total area. The population of Carnarvon in 2011 was 224 people. By 2016 the population was 204 showing a population decline of 8.9% in the area during that time. The predominant age group in Carnarvon is 50-59 years. Households in Carnarvon are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Carnarvon work in a trades occupation. In 2011, 64.2% of the homes in Carnarvon were owner-occupied compared with 56.4% in 2016.
Carnarvon has 246 properties. Over the last 5 years, Houses in Carnarvon have seen a 60.03% increase in median value, while Units have seen a 28.94% increase. As at 31 October 2024:
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