14 Bin Sallik AvenueCable Beach WA 6726
Property Details for 14 Bin Sallik Ave, Cable Beach
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
- 21 Jul 2020Listed for Rent $369 / week
- 11 Jul 2019Listed for Rent - Price not available
- 17 Aug 2018Listed 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 3,075 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:
- The median value for Houses in Cable Beach is $651,406 while the median value for Units is $385,155.
- Houses have a median rent of $1,000 while Units have a median rent of $800.
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