OFF MARKET

14 Bin Sallik Avenue
Cable Beach WA 6726

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 57m2
Land area: 3615m2
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Property Details for 14 Bin Sallik Ave, Cable Beach

Building Type
Commercial
Floor Size
57m2
Land Size
3615m2
Local Government
Broome
Lot/Plan
607/P044350

Last Listing description (January 2024)

Essentially a mini resort this ideal Cable Beach investment consists of 31 self-contained apartments (15 x 2 bedroom and 16 x 1 bedroom). All enjoy the benefit of a shared resort style swimming pool and great location with the beach just a short ten minute walk away.

Full concrete construction the single bedroom apartments are located on the ground floor and the two bedrooms are on the upper lever. They are all fully furnished with modern kitchens, open plan dining and lounge areas plus their own balcony and parking bay.

The property requires minimal management experience and is easily operated. For investors, the Breezes Resort offers a low risk return with no bar or restaurant facilities to maintain. Considerable savings on operating expenses are available to a "hands on" owner/operator couple or with a live-in caretaker on site.

-Unique Opportunity - 31 Apartment Resort Complex
-15 x 2 bedroom units
-16 x 1 bedroom units
-Full concrete construction
-Long & short term accommodation
-Caretaker on site
-Resort style swimming pool
-Walk to Cable Beach
-Shire Rates $ 31,383.43 pa Water Rates $20,000.00 pa
-Year built 2011
-Lot size 3,615 sqm
-43 car parking bays (30 undercover)

For a full information memorandum contact us today.

Property History for 14 Bin Sallik Ave, Cable Beach, WA 6726

A timeline of how this property has performed in the market
Last Sold
$1,140,000
11 Jun 2010
Listed for Rent
$370/w
19 Jun 2020
  • 21 Jul 2020
    Listed for Rent $369 / week
  • 11 Jul 2019
    Listed for Rent - Price not available
  • 17 Aug 2018
    Listed for Rent $370 / week
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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 3,079 properties. Over the last 5 years, Houses in Cable Beach have seen a 69.09% increase in median value, while Units have seen a 59.52% increase. As at 30 September 2024:

  • The median value for Houses in Cable Beach is $653,744 while the median value for Units is $373,936.
  • Houses have a median rent of $1,000 while Units have a median rent of $765.
There are currently 63 properties listed for sale, and 6 properties listed for rent in Cable beach on OnTheHouse. According to CoreLogic's data, 195 properties were sold in the past 12 months in Cable beach.

Suburb Insights for Cable Beach 6726

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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.