Situated in the heart of Old Broome this mixed use R40 property offers a great commercial opportunity with a strong lease and potential to develop the rear of the property.

Secure now at a great buying price with regular rental income and develop and prosper later amongst neighbours such as the Commonwealth Bank, Broome Dental Clinic, Shire of Broome Offices and the Courthouse. Just minutes from Chinatown the property is extremely convenient to a large array of retail stores, restaurants, banks, the post office and commercial properties.

The property is currently leased to a hairdressing salon
at $39,000 per annum gross rent until 30/9/2012 with two, 2 year options. Zoned mixed use the property can be used for Residential, Tourism, Offices, Galleries, Showrooms, the possibilities are all there.

Positioned at the front of the property is the leased premises with a tranquil and serene ambience from the delightful Balinese style entrance with fish pond and lush tropical gardens. The floor plan comprises a series of rooms to either side of the large main reception area as well as a kitchenette, laundry and bathroom.

The leased premises are set well forward with easy accessible driveway access to the rear, allowing for potential development with minimum fuss or interruption to the current tenant.

The Property Features:
-Potential to Add On or Completely Re-Develop Later
-Generous 1,013 sqm lot with Existing Residence
-Mixed Use Zoning, Great Location
-Side Access to Rear Development

-Leased to Secure Tenant at $39,000pa Gross
-Shire Rates $3545.00pa Water Rates $969.50 pa

If you're looking for an investment option that offers more potential than stock standard residential then make sure you consider this one.