46/99 Robinson Street, Broome WA 6725
Sold price: $345,000
Sold
Sold: 24 Mar 2022
2 Bedrooms
2 Bathrooms
Unit
Contact the agent
Tony Hutchinson
0418938198
Hutchinson Real Estate
DUEL INCOME HOLIDAY APARTMENT
If you're looking for an investment in Broome's bustling tourism industry then this property is a cracker. Managed by the successful Oaks Resorts with many corporate clients the returns are very good. The property can be let nightly as 2 one bedroom units maximizing the returns to the owner. There are 2 swimming pools as well as the 1869 Restaurant and Bar. The resort is conveniently located not far from the town beach area with a convenience store and bottle shop across the road and a 6 million dollar upgrade underway at the park on the beach. For full details contact Tony Hutchinson on 048938198Financials:
Apartment 1214/1214A
Income 2020/21 $32,399 less
Shire $ 2,496.54
Water $ 1835
Strata $ 12036 21/22
Net income $
Let out nightly as 2 units with Oaks Resorts
Popular town beach location
Owner stays for 3 months of the year
approx 5.5% net return
Property features
-
Air conditioned
Cost breakdown
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Council rates: $2,496 / year
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Water rates: $1,835 / year
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Strata fees: $3,009 / quarter
Nearby schools
| Broome Primary School | Primary | Government | 0.6km |
| Broome Senior High School | Secondary | Government | 1.2km |
| St Mary's College | Combined | Non-government | 1.5km |
| St Martin De Porres School | Secondary | Non-government | 1.8km |
| Cable Beach Primary School | Primary | Government | 2.2km |
| Roebuck Primary School | Primary | Government | 2.9km |
| Broome North Primary School | Primary | Government | 4.4km |
| La Grange Remote Community School | Combined | Government | 93.0km |
| Sacred Heart School | Combined | Non-government | 119.0km |
| Derby District High School | Combined | Government | 165.0km |