OFF MARKET

5 Mcdaniel Road
Minyirr WA 6725

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 24860m2
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Property Details for 5 Mcdaniel Rd, Minyirr

Building Type
Commercial
Land Size
24860m2
Local Government
Broome
Lot/Plan
1380/P214933

Last Listing description (October 2022)

Secure a 12,000m2 lot or two side by side 6,000m2 industrial lots available individually only 3 kms from the Broome Port and the proposed Kimberley Marine Support Base.

Currently undergoing a subdivision application, settlement will be available on issue of titles.

Secure this opportunity at today's price with a delayed settlement until new titles are issued.

The Buying Options are:

Option 1 (Lot A) - $2,750,000
-12,000m2 lot with two large, exceptionally well-built sheds complete with office space and ablutions totalling 920m2
-Access through two front gates, a side road or from the rear of the lot
-Suitable for triple road train access from front or rear of the lot
-Two additional buildings for offices, storage or staff amenities.

Option 2 (Lot 1) - $1,375,000
-Being sold with Vacant Possession
-6,000m2 with 483m2 shed including office, ablutions and hardstand
-140m2 building for office/storage/staff amenities
-Suitable for triple road train access from front or rear of the lot.

Option 3 (Lot 2) - $1,500,000
-Currently tenanted with 7% net return (room for growth)
-6,000m2 with 323m2 shed including office, ablutions, and hardstand
-114m2 office, 350m2 hardstand & 140m2 building for office/storage/staff amenities
-Suitable for triple road train access from front or rear of the lot.

Broome is fast developing into a major logistics base and regional centre. Each of these options provides a rare ground floor opportunity to be part of this emerging growth scenario.

Property History for 5 Mcdaniel Rd, Minyirr, WA 6725

A timeline of how this property has performed in the market
Listed for Rent
$9.20k/w
23 Feb 2019
  • 07 Jul 2021
    Listed for Sale Options from $1,375,000
  • 23 Feb 2019
    Listed for Rent $480,000 / year
  • 01 May 2018
    Listed for Rent $480,000 / year
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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.