OFF MARKET

72/11 Oryx Road
Cable Beach WA 6726

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 75m2
Land area: 91m2
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Property Details for 72/11 Oryx Rd, Cable Beach

72/11 Oryx Rd, Cable Beach is a 2 bedroom, 1 bathroom Unit and was built in 2006. The property has a land size of 91m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in August 2019.

Building Type
Unit
Year Built
2006
Floor Size
75m2
Land Size
91m2
Local Government
Broome
Lot/Plan
76/S047591

Last Listing description (November 2019)

This solid investment opportunity is set in a superb Cable Beach location with three resort pools at your disposal. You can stay in your stylish apartment and enjoy the Broome lifestyle for up to 12 weeks each year. Spend your winter in paradise.This self-contained 2 bedroom apartment is fully furnished and ready for you to use. It has its own private deck, washing machine and a dryer (a god send when on holidays). Boasting quality fittings and finishes, this stylish ground floor apartment even has a pool just outside the front door. There is the option to extend your investment return by purchasing the interconnecting studio room (no 73), which is also self-contained with its own bathroom, this will open up your apartment to become a 3 bedroom, 2 bathroom premises, perfect for when the whole family joins in on the Broome vacation. This interconnecting room can be locked off and remain managed separately by the Oaks Hotels to provide income whilst you enjoy your holiday.Set amongst the lush tropical surrounds of the Oaks Cable Beach Sanctuary Resort with access to an impressive lagoon swimming pool, infinity pool and a dedicated children's wading pool, you won't even need to leave the resort. There's ample decking and lounging space plus outdoor entertaining areas and a popular restaurant and bar. This represents one of the best options for entering into the managed accommodation market, this really is your chance to secure a perfectly presented contemporary investment that is packaged to go and has the potential to offer some good financial returns. -Modern 2 bedroom, 1 bathroom apartment-Recently refurbished with contemporary design-Open plan and fully furnished -Private outside deck-Ground floor entry-Apartment wing pool-Huge resort swimming pools -Walk to world famous Cable Beach-Leased together with Unit 73 at $600 pw until 27/09/2019-Occupy up to 3 months per year-Shire Rates $1,685.58 pa Water Rates $1,261.69 pa-Year built 2006-Strata Levies $10,630.90 pa-Lot size 91 sqm-Single parking spaceCall me now to make an appointment to view.

Property History for 72/11 Oryx Rd, Cable Beach, WA 6726

A timeline of how this property has performed in the market
Last Sold
$150,000
21 Aug 2019
Listed for Rent
$600/w
07 May 2019
  • 21 Aug 2019
    Sold for $150,000
  • 11 Apr 2019
    Listed for Rent $600 / week
  • 09 Jun 2017
    Listed for Sale $225,000
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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, 194 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.