7 Napier Terrace, Broome, WA 6725

Offices | Medical | Retail

Sold $961,400

  • Property ID: 409794
  • Floor Area: 438m²
  • Land Area: 765m²
  • NBN Availability: Service Available - Fibre to the node (FTTN)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 438m2 765m2 N/A
One Chinatown Investment with Multiple Leases

Rarely available is this Chinatown investment opportunity on prominent Napier Terrace with four separate areas to lease. Currently the property is being utilised as two ground floor commercial spaces and two first floor residential units.

This is a great mix for generating income with growth potential and in an iconic location.

-Highly visible street front location
-Eastern end of Napier Terrace with views
-Unit 1 ground floor 138m2 commercial space
-Unit 2 ground floor 100m2 commercial space
-Unit 3 first floor 100m2 residence with veranda
-Unit 4 first floor 100m2 residence with veranda
-Ample street and rear parking
-Currently generates 9% net return

This is a rare investment opportunity in Chinatown amongst the recently redeveloped commercial and tourism heart of Broome.

Broome Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail --- $645 ---
Industrial --- $256 ---
Offices --- $323 ---
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 Offices 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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