2/158 Frederick Street, Broome, WA 6725

Retail | Showrooms | Medical

For Sale Offers to Purchase

  • Property ID: 385862
  • Floor Area: 982m²
  • Land Area: 2186m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the node (FTTN)

- Dominant corner position
- Govt & Institutional tenants
- $316,423pa net income

Ray White Commercial (WA) and PRD Broome present 158 Frederick Street, Broome WA for sale.

This commercial showroom/retail investment comprises modern buildings in a prominent central location.

The property is fully leased by REPCO and North Regional TAFE being long term stable secure tenancies.

Both tenants have recently reviewed and the property is and achieving a current net income is $316,423pa.

The Location

- Broome is the largest town in the north west Kimberley region
- The property occupies a major arterial road corner position

The Property

- The buildings are of an attractive contemporary design
- Versatile high end commercial / retail uses approved

The Covenants

- A-class Government and International lease covenants
- Property meets stringent occupancy criteria of this tenancy class
- Both tenants are well established and recently renewed leased
- Both tenants have high grade internal fit-outs

To discuss and obtain further details contact

Brett Wilkins
Ray White Commercial (WA)
E: brett.wilkins@raywhite.com
M: 0478 611 168

Michael Milne
Ray White Commercial (WA)
E: michael.milne@raywhite.com
M: 0403 466 603

Andrew Blackley
PRD Broome Real Estate
E: andrew@prdbroome.com.au
M: 0409 113 358

Broome Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $4262 $264 6.19%
Retail $3055 $414 13.57%
Offices $3433 $349 10.15%
This is the average advertised price, rent and yield for Broome, WA 6725*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in WA for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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