SOLD
Sold on 29 Feb 2024 for $245,000

38/11 Oryx Road
Cable Beach WA 6726

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 50m2
Land area: 71m2
Sold By
Belle Property Broome
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Property Details for 38/11 Oryx Rd, Cable Beach

38/11 Oryx Rd, Cable Beach is a 1 bedroom, 1 bathroom Unit and was built in 2006. The property has a land size of 71m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 1 bedroom Unit sold in Cable Beach in the last 12 months.

Building Type
Unit
Year Built
2006
Floor Size
50m2
Land Size
71m2
Local Government
Broome
Lot/Plan
38/S047591

Last Listing description (April 2024)

Introducing Apartment 38 of the Oaks Cable Beach Sanctuary Resort, a rare poolside treasure and an opportunity not to be missed. This modern, fully furnished and equipped unit is one of only a handful of one bedroom, one bathroom apartments in the entire resort boasting a generous overall size of 71sqm.

Superbly situated, this apartment has consistently been a preferred choice among resort-goers and the current long-term owners have enjoyed the benefits of a strong return on investment. The property is managed expertly by the Oaks Resort Management which is available seamlessly for any new ownership, adding to the appeal of the complete resort experience.

Owners can utilise the property for a period of up to three months annually, allowing you to fully immerse yourself in the resort lifestyle while enjoying the benefits of your investment. This unique opportunity not only provides a personal retreat but also contributes to the property's allure, making it a well-rounded investment choice for those seeking a balance between financial returns and leisure.

Being part of the Oaks Cable Beach Resort offers full access to the resorts many facilities including multiple pools and entertaining areas, barbecues, restaurant and bar. With our famous Cable Beach and popular tourist precinct, restaurants and bars only a short walk away, this location is highly sort after.

This apartment features the following
* Ground floor superbly located apartment a stone throws away from the main pool, restaurant and bar
* One of only a handful of larger sqm one bedroom, one bathroom apartments
* Spacious separated bedroom with built-in robes
* Modern bathroom, shower, built in laundrette
* Cooling tiled floors throughout
* Modern furnishings and window treatments
* Modern kitchen, glass splashback, built-in pantry, stainless steel appliances, integrated dishwasher
* Fully furnished with all amenities
* Undercover outdoor area with views of the pool
* Ceiling fans and split system air-conditioning throughout
* Convenient parking, private entry

- Shire $1,928.91 approx. pa
- Water $1,427.52 approx. pa
- Strata $15,092 approx. pa
- Gross income last financial year $90,767.97
- Holiday up to three months annually, revenue free
- Built in 2006

This ideally located apartment won't last long, don't miss out on this unique opportunity, contact Helen on 0462 212 212

Property History for 38/11 Oryx Rd, Cable Beach, WA 6726

A timeline of how this property has performed in the market
Last Sold
$245,000
29 Feb 2024
  • 29 Feb 2024
    Sold for $245,000
  • 22 Feb 2024
    Listed for Sale Offers from $260,000
  • 13 Oct 2005
    Sold for $310,000

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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 3,075 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 60 properties listed for sale, and 7 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.

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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.