Expressions of interest are being sought for two of Carnarvon’s prime development properties at 69 Olivia Terrace and 85 Olivia Terrace in Carnarvon, WA.

 

The assets come with either 906 square metres on Olivia Terrace, or 7,422 square metres of land area on the main commercial address of Robinson Street and Olivia Terrace, opposite Carnarvon's Fascine Waterway.

 

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

 

Mr Zoiti said the assets were 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,” 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.”

 

Carnarvon is a coastal town around 900 km north of Perth situated at the mouth of the Gascoyne River on the Indian Ocean.

 

Brett Wilkins said that the popular Shark Bay world heritage area lies to the south of the town while the Ningaloo Reef and the popular tourist town of Exmouth lie to the north.

 

“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,” he said.

 

Ray White Carnarvon Principal Ted Schultz said Carnarvon’s location on the edge of the Gascoyne River Delta made it a tropical oasis in an otherwise arid landscape.