Be a part of the exciting Cable Beach redevelopment with this vacant cleared lot ready to build just a short walk to the beautiful waters of Cable Beach.

Across the road is a trail straight over the dunes to Cable Beach or a footpath that takes you to the nearby Cable Beach precinct as well as bars, restaurants and cafes. This exciting development opportunity has the potential to offer street front commercial and retail premises as well as much needed accommodation to facilitate increased numbers to Broome.

The site has been the subject of a number of development proposals over the years with the latest DA expired in 2010. The challenges for funding the estimated $30 million project after the Global Financial Crisis made it too difficult to proceed at that time.

AS A GUIDELINE ONLY to potential yield, there are copies of the site plan & elevations available for a 3 level Commercial/ Residential/ Tourism development that included:

*Residential apartments located above the commercial premises on the street front with ocean views from the top level comprising
» 1 x 4 bedroom apartment
» 1 x 3 bedroom apartment
» 12 x 2 bedroom apartments

*Commercial premises
» Approved alfresco on the wide road reserve

*Tourism
» 70 x 1 bedroom apartments
» 1 x Managers apartment
» 4 x Staff accommodation
» Approx. 1,300m2 lagoon pool plus business centre & gym

The Shire of Broome and State Government are currently in the process of dramatically improving the street scape and amenity of the Cable Beach Precinct and further information regarding the progress and cost of the project can be obtained online on the Shire of Broome website with an attachment available to download on this page.

The Shire is also in the process of reviewing the Precinct Structure Plan for Cable Beach which may provide for further commercial opportunities and any further information may only be provided by contacting Senior Planning Officers at the Shire of Broome.

The Seller is offering freehold title to the property by Invited Offers on or before 30 November 2024. The Seller reserves the right to accept any Offer on or before the prescribed date at the Seller’s total discretion.

Any potential Buyer should fully satisfy itself of the development potential of the subject site and carry out all due diligence prior to making any Offer. The Seller is not responsible for any costs or expenses incurred in undertaking any investigation or carry out due diligence, however the Seller will assist any genuine prospective Buyer by signing any required application to any statutory authority to assist the Buyer in obtaining any information required to support any decision to present an Offer.