A PRICE REDUCTION AND $2250/WK IN RENTAL INCOME? INCREDIBLE RETURNS FOR THIS DUAL RESIDENCE / 6 BDM X 4 BATH TROPICAL OASIS NEAR CABLE BEACH
This property, known as "The Papaya House," is a remarkable residence situated in the prestigious Wirl Buru Gardens of Cable Beach. It boasts numerous features that make it an exceptional investment opportunity or a dream home for those seeking a luxurious lifestyle.
Occupying a corner lot of 800 square meters, this property offers ample space for relaxed, comfortable living for the whole family - and then some, since this property features two homes in one - a 4 Bedroom * 3 Bathroom family Residence on the ground floor with the Balinese Long House adding an extra bedroom / fun treehouse AND a completely separate 2 bedroom * 1 bathroom apartment on the first floor.
But that's just where the story starts with this one-of-a-kind property.
The Residence downstairs features an open plan living - dining - kitchen area with marble floor tiles throughout. Peel back the bi-fold doors and step out onto an extensive covered wooden deck that has to be seen to be believed... perfect for entertaining guests or whiling away the hours with the family while enjoying the essence of a Balinese vibe. The four bedrooms are all spacious with Balinese decorative floor and wall finishes and the standout bathrooms all have detailed craftwork tiling motifs and hand carved wooden vanity cabinets.
Upstairs, the Apartment, accessed through a side stairwell and dedicated entrance is similarly styled and painstakingly detailed in design. The open lounge-kitchen is spacious and well thought out. The kitchen island and cabinetry are all handcrafted and carved wood imported from Bali. The two bedrooms are spacious and bright and the bathroom even features slate tiles and a carved stone sink. No expense has been spared with the unique finishes and bespoke design details throughout.
The Roof of the Residence is an absolute entertainers paradise - with views of the Cable Beach sand-dunes as a background - enjoy amazing sunsets from a massive 200 sq meter terrace covered in Astro-turf with a huge traditional gazebo to celebrate special times with special people. This home exudes a 'relax, unwind and celebrate the tropics' from the ground floor up!
The Property sale also includes all the beautifully hand carved furnishings.
This Property would make an ideal Holiday Home for family and friends; an unsurpassed permanent residence in sunny Broome for a large family OR; can also be a home with rental potentials - live in one home and rent out the other for additional income as its currently proving to be ! Both the Residence and the Apartment are currently Leased until October 2025 for $1500 and $750 a week respectively - garnishing a handsome income potential for any Buyer in the interim.
With a price guide of Offers Above $1,095,000, this property offers a fantastic opportunity to own a piece of paradise in Cable Beach. Don't miss out on this rare opportunity and contact Phil Oakden on 0427735419 today to arrange your own Private Viewing.
Land Area : 802 Sq M
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