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10 Marul Road, Cable Beach WA 6726

Sold price: $704,000 Sold: 29 May 2024
Sold
  • 4 Bedrooms
  • 2 Bathrooms
  • 2 Cars
  • Landsize 600m2
House
10 Marul Road, Cable Beach WA 6726

WHO WOULDNT WANT AN INVESTMENT WITH A LONG CORPORATE LEASE (GROH) AND AMAZING RETURNS

Located at 10 Mural Road, this spectacular 4-bedroom, 2-bathroom property offers an exceptional investment opportunity, particularly appealing due to its corporate lease with the Government Regional Officers' Housing (GROH) program for a 4-year term. This arrangement promises an amazing return on investment, providing stable and secure rental income for the duration of the lease.

Upon entering, you are greeted by spacious, modern open-plan living areas that create a welcoming and versatile environment, ideal for both relaxation and entertaining. The large kitchen is well-appointed with ample storage and workspace, catering perfectly to the needs of families or shared living arrangements.

Each of the four bedrooms is generously sized and feature built-in robes, ensuring plenty of storage space for occupants. The property includes two modern bathrooms, designed to comfortably accommodate family needs.

The outdoor entertaining area offers a delightful space for gatherings, BBQs, or simply enjoying the outdoors. Additional storage is provided by a garden shed, ideal for garden tools and outdoor equipment.

For parking, the property includes a double carport, providing convenient space for two vehicles, with additional room available for a boat or caravan. The gardens are reticulated and easy to care for, ensuring they remain green and lush with minimal effort.

Comfort is guaranteed throughout the year with split system air conditioning installed throughout the property. The bedrooms are carpeted, adding a touch of comfort and coziness.

In summary, this property at 10 Mural Road is not just a home; it's a smart investment choice with promising returns and long-term security. The combination of its desirable features, corporate lease with GROH, and excellent location makes it an attractive proposition for investors looking to expand their portfolio or secure a reliable income stream through property investment.

Investment returns

Currently leased for a four-year term with GROH

Currently leased at $1250.00 per week with yearly rent reviews.

Shire Rates $3,500 - Water Rates $1500 per annum

Contact Daryl Hunter to arrange a viewing and secure the ultimate investment.

Daryl Hunter

M - 0400 646 201
W - 9192 1677
E - [email protected]

Property features

  • Carports 2
  • Toilets 2
  • Floor area 150m2

Property snapshot by reiwa.com

This property at 10 Marul Road, Cable Beach is a four bedroom, two bathroom house sold by Daryl Hunter at Hutchinson Real Estate on 29 May 2024.

Looking to buy a similar property in the area? View other four bedroom properties for sale in Cable Beach or see other recently sold properties in Cable Beach.

Cost breakdown

  • Council rates: $3,506 / year
  • Water rates: $1,500 / year

Nearby schools

0.5km
1.2km
St Mary's College
  • Combined
  • Non-government
1.4km
St Martin De Porres School
  • Secondary
  • Non-government
Disclaimer

Cable Beach overview

Are you interested in buying, renting or investing in Cable Beach? Here at REIWA, we recognise that choosing the right suburb is not an easy choice.

To provide an understanding of the kind of lifestyle Cable Beach offers, we've collated all the relevant market information, key facts, demographics and statistics to help you make a confident and informed decision.

Our interactive map allows you to delve deeper into this suburb and locate points of interest like transport, schools and amenities. 

Cable Beach quick stats

High end $840k
Median $680k
Low end $550k
9.2 %
Annual growth
$680k
Annual median sales price
$1,000pw
Annual median rental price

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FAQ's

10 Marul Road, Cable Beach was sold by Daryl Hunter at Hutchinson Real Estate.

You can contact the agent here.

The median house price in Cable Beach is $680,000, the median unit price is $400,000.
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