24 Barrgana Road, Cable Beach WA 6726

Executive residence in Six Seasons Estate | 800m² lot with grand entertaining area | 2010 build meticulously maintained | Strong rental demand in Cable Beach This property presents a competitively strong offering within Broome’s exclusive Six Seasons Estate, distinguished by its substantial 800m² lot and expansive under-roof living. The 2010 custom build exhibits precise execution and immaculate presentation, translating to lower immediate capital demands. It serves best as a high-quality permanent residence or a premium rental investment, capitalizing on the proven rental appetite in the sought-after Cable Beach locale. Decision hinges on reconciling the current asking premium against recent market evidence. The primary risk is paying an estate premium not yet fully substantiated by comparable sales, while the opportunity lies in securing a superior, low-maintenance property in a tightly held estate. Acquire for long-term hold, leveraging its configuration for strong rental yield or personal use. Recent comparable sale nearby: – August 2023: $860,000 for a 303sqm property on an 800sqm land parcel in Cable Beach. This sale, while on similar land size, involved a property with significantly smaller internal area, underscoring the value premium commanded by this home’s larger 169m² internal footprint and extensive covered entertaining spaces. It establishes a credible baseline, indicating this property’s superior scale justifies a higher valuation.