Carnarvon’s best commercial/tourism development site for sale

EXPRESSIONS of interest are being sought for Carnarvon’s very best commercial/tourism development sites at 69 Olivia Terrace and 85 Olivia Terrace.

The assets come with either 906sq m* on Olivia Terrace, or a 7,422sq m* land area on the main commercial address of Robinson Street and Olivia Terrace, opposite Carnarvon’s Fascine Waterway.

The sites are being marketed and sold by Ray White Commercial (WA) duo Phil Zoiti and Brett Wilkins, in conjunction  jointly with Ray White Carnarvon Principal Ted Schultz.

Mr Zoiti said the assets are steeped in history and would appeal to a tourist or commercial developer looking to take advantage of the location.

“There’s a great story here with 85 Olivia Terrace comprising an old police station, an old courthouse, an old jail and old residence, while 69 Olivia Terrace is down the road, opposite Carnarvon’s Fascine Waterway and on the main business street of Carnarvon,” Mr Zoiti said.

“The property enjoys a central location, with the Carnarvon business district directly opposite Carnarvon’s Fascine Waterway, and having two street frontages to Olivia Terrace and Robinson Street.

“The right developer will see the untapped potential here and will revel in the opportunity that has been afforded to them.”

Mr Wilkins said Carnarvon was a coastal town situated 900km* north of Perth and laid at the mouth of the Gascoyne River on the Indian Ocean.

“The popular Shark Bay world heritage area lies to the south of the town and the Ningaloo Reef and the popular tourist town of Exmouth lie to the north,” Mr Wilkins said.

“With its world class natural assets, established key industries, an entrepreneurial business community and innovative new opportunities, the Gascoyne is uniquely positioned, geographically, economically and culturally, to capitalise on new economic trends and satisfy the appetite of its communities, investors and foreign markets.”

Mr Schultz said Carnarvon’s location, seated on the edge of the Gascoyne River Delta 904km* north of Perth, made it a tropical oasis in an otherwise arid landscape.

“Paradoxically, Carnarvon has a fertile and thriving horticultural district that supplies the majority of Perth’s fruit and vegetables during the winter months,” Mr Schultz said.

“Carnarvon has long been recognised for its unique small and sweet banana but that reputation is widening with an extensive range of subtropical fruit and temperate climate vegetables grown on the plantations lining the Gascoyne River.”

*Approximately.