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Sold on 04 Jun 2024 - Price Unavailable

1 Gill Road
Cable Beach WA 6726

Bedrooms: 5
Bathrooms: 4
Car spaces: 2
Land area: 851m2
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Property Details for 1 Gill Rd, Cable Beach

1 Gill Rd, Cable Beach is a 5 bedroom, 4 bathroom House with 2 parking spaces. The property has a land size of 851m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 5 bedroom House sold in Cable Beach in the last 12 months.

Building Type
House
Land Size
851m2
Local Government
Broome
Lot/Plan
2263/P217326

Last Listing description (June 2024)

Boasting artistic flair and a design that is unparalleled with any other property in Broome, 1 Gill Road, Cable Beach is the unique, one-of-a-kind home that you've been waiting for.

Having purchased the property in 2012, the current owner, who is a renowned artist, has completed significant renovations and improvements to the home, creating a masterpiece that offers a truly enviable level of opportunity - and quirky style - to a lucky buyer.

There are far too many features of this home to list them all. However, stand out aspects include a fully self-contained granny flat PLUS a large beautifully renovated, self-contained studio which includes an exquisite outdoor bathroom that has to be seen to be believed.

The current owner has chosen to lease out both units which generate a significant combined passive income stream of $45,000 per annum. Needless to say, these units offer enormous potential to buyers, whether they continue to lease them under similar arrangements to significantly offset mortgage repayments, or lease one and use the other as a teenager's retreat, for guests or visiting family, a home business or lucrative Airbnb. The options really are endless.

But wait… it doesn't end there.

Moving into the main house, you'll find a warm and quirky interior with solid timber floors, timber lined ceiling and gorgeous French doors throughout the home. Natural light bounces off the freshly painted walls whilst the open plan kitchen has been refreshed with modern white cupboard doors, drawers and new splash backs. The master bedroom includes a beautifully renovated ensuite and an enormous walk-in dressing room.

Bedroom 2 offers a cosy escape from the rest of the home with freshly painted walls, French doors and new air conditioner making this the perfect retreat.

Bedroom 3 has undergone a significant renovation, incorporating an enclosed veranda, and is currently utilised as an art gallery and showroom. The space has bundles of charm and style with its feature windows, external entry door and curved boardwalks providing access to a delightful outside patio area. The design and amount of space on offer with Bedroom 3 means it adds yet another realm of opportunity to this remarkable home.

Outdoor entertainers will love the covered alfresco area which features a beautiful bar complete with plumbed in beer taps! There's also a below ground spa and a gorgeous billabong style pool hidden amongst the tropical palms.

Other notable features include gated access to a large garage, additional off street parking, attractive white picket fencing and much much more.

There are simply far too many features to list with this home so if you're a savvy buyer in the market for a one-off property that offers so much potential, then you must contact us TODAY!

ESSENTIAL DETAILS:
-Council Rates: $3,250 approximately per annum
-Water Rates: $1,564 approximately per annum
-Land Area: 851 sqm
-Year Built: 1996

For further property details or to arrange a private inspection please contact Giles Tipping and Cameron Loersch on 0499 322 120 or email cameron.loersch@raywhite.com.

Property History for 1 Gill Rd, Cable Beach, WA 6726

A timeline of how this property has performed in the market
Last Sold
04 Jun 2024
  • 25 May 2024
    Sold for $900,000
  • 04 Apr 2024
    Listed for Sale Offers Above $899,000
  • 11 May 2012
    Sold for $723,000
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About Cable Beach 6726

The size of Cable Beach is approximately 9.2 square kilometres. It has 8 parks covering nearly 2.6% of total area. The population of Cable Beach in 2011 was 5,156 people. By 2016 the population was 5,424 showing a population growth of 5.2% in the area during that time. The predominant age group in Cable Beach is 30-39 years. Households in Cable Beach are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Cable Beach work in a professional occupation. In 2011, 41.4% of the homes in Cable Beach were owner-occupied compared with 44.8% in 2016.

Cable Beach has 3,096 properties. Over the last 5 years, Houses in Cable Beach have seen a 59.37% increase in median value, while Units have seen a 50.11% increase. As at 31 July 2024:

  • The median value for Houses in Cable Beach is $638,383 while the median value for Units is $328,352.
  • Houses have a median rent of $1,025 while Units have a median rent of $750.
There are currently 63 properties listed for sale, and 7 properties listed for rent in Cable beach on OnTheHouse. According to CoreLogic's data, 202 properties were sold in the past 12 months in Cable beach.

Suburb Insights for Cable Beach 6726

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Contact agent
Giles Tipping
Show contact details
Cameron Loersch
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Ray White Broome
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.