418 Robinson Street, East Carnarvon WA 6701

Flood overlay | commercial zoning | tenant in situ at low rent | caretaker mindset limits vacancy risk The property demands a dual lens: the light industrial zoning and main street frontage offer speculative upside but the flood overlay costs any buyer leverage at negotiation time and the current rent of $200 per week is approximately half market as light industrial with attached accommodation. This is not a passive hold but a strategic buffer before you upgrade the lease or convert use, and a buyer should plan to hold it for five years minimum to see the zoning potential crystallise. What makes this rare is the combined live-work format on a 1,145 m² lot with three-phase power and two fully separate offices, which suits a tradesperson wanting to reduce commute time or a small business owner who values having a caretaker tenant covering the mortgage while they lease out the shed space later. The flood overlay and heritage constraints are risks but they also keep the price below what a pure commercial site would cost, and the existing tenant’s willingness to stay removes vacancy cost during your ownership period. Your next step is to model a lease reset from two hundred to three hundred and fifty dollars per week before engaging a solicitor to confirm the zoning pathway.