117/11 Oryx Rd, Cable Beach is a 1 bedroom, 1 bathroom Unit and was built in 2007. The property has a land size of 85m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
Invest in your own fabulous light and airy 1st floor apartment at Oaks Cable Beach Sanctuary.
This one bedroom unit is located in a prime location overlooking one of the main pools and grassed areas of the 4ha estate. You can use the property yourself for up to 3 months of the year and rent out nightly with the Resort managers or keep for your own use. Oaks Hotels and Resorts are well renowned for their management with a focus on corporate rentals as well as the leisure market. If you want they will rent your property out on a nightly basis and take any hassle out of maintaining the property .
There is a separate bedroom, good size kitchen , full air conditioning with a refurbishment being completed in recent years.
Call Tony Hutchinson on 0418938198 for full details and inspection
Holiday Apartment-use for 3 months of the year
Fully furnished and equipped
Annual returns $45,000 PA less the below costs
Cable Beach area with over 10% return
Shire rates $1979.07
Water Rates $1387
Strata levies $13,409
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 3,074 properties. Over the last 5 years, Houses in Cable Beach have seen a 65.53% increase in median value, while Units have seen a 76.10% increase. As at 31 October 2024:
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