OFF MARKET

3 Archer Street
Minyirr WA 6725

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 8000m2
Land area: 8122m2
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Property Details for 3 Archer St, Minyirr

Building Type
Commercial
Year Built
1999
Floor Size
8000m2
Land Size
8122m2
Local Government
Broome
Lot/Plan
2/D075514

Last Listing description (October 2022)

CBRE are pleased to present for sale 3 Archer Street, Minyirr, BROOME Western Australia. Minyirr is a strategically located and long established industrial area which is home to a number of national and international tenants within the township of Broome. Also located within close proximity to Broome's International Airport and Broome's Town Centre.

DESCRIPTION

Well designed industrial building with huge 8,122sqm* site area accommodating ample yard space and future development potential (STCA).

LOCATION
The property is situated within the shire of Broome. Broome is located in the Kimberley Region of Western Australia some 2,240 kms north of Perth.

NET INCOME
$160,000 per annum plus GST. Outgoings fully recovered from tenant.

LEASE TERM
Ten (10) years with 3 x Five (5) year options.

RENT REVIEWS
3% annual increases.

BUILDING AREAS
Total Building Area: 708sqm*
Site Area: 8,122sqm*
ZONING: General Industry

Please contact selling agents for a copy of the contract of sale document.

*approx

Property History for 3 Archer St, Minyirr, WA 6725

A timeline of how this property has performed in the market
Last Sold
$1,400,000
14 Aug 2018
Listed for Rent
$2.78k/w
10 Dec 2019
  • 10 Sep 2019
    Listed for Rent $145,200 / year
  • 14 Aug 2018
    Sold for $1,400,000
  • 22 Jun 2018
    Listed for Sale CONTACT AGENT
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About Minyirr 6725

The size of Minyirr is approximately 10.7 square kilometres. It has 3 parks covering nearly 12.2% of total area. The population of Minyirr in 2011 was 111 people. By 2016 the population was 95 showing a population decline of 14.4% in the area during that time. The predominant age group in Minyirr is 50-59 years. Households in Minyirr are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Minyirr work in a machinery operators and drivers occupation. In 2011, 46.1% of the homes in Minyirr were owner-occupied compared with 40% in 2016..

Minyirr has 184 properties. Over the last 5 years, Houses in Minyirr have seen a 14.12% increase in median value, while Units have seen a 104.72% increase. As at 30 November 2024:

  • The median value for Houses in Minyirr is $352,178 while the median value for Units is $228,059.
There are currently 2 properties listed for sale, and no properties listed for rent in Minyirr on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Minyirr.

Suburb Insights for Minyirr 6725

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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.