A large, under-developed property in the Cable Beach precinct of Broome in north-west Western Australia is being sold by Knight Frank and First National.

Located at 67 Dakas Street in the idyllic, tourist town, the property covers 3555 square metres with significant potential for further development.

It currently features a 586 square metre office/medical centre that is leased to the State Government through the Minister for Health.

At a glance:

• Community Health Centre at 67 Dakas Street to be sold
• Property comprises 3555 square metres with potential for further development
• The building features a 586 square metre office/medical centre leased to the State Government and provides income of more than $300,000 per annum 

Knight Frank senior director Tony Delich said the property was currently occupied by Broome’s highly regarded Community Health and Child Health Clinic on a four-year lease with options.

He said it provided a strong cash flow in excess of $300,000 per annum with fixed rent reviews.

“This is a great asset with both capital growth potential and the opportunity to further develop the site,” Delich said.

“Broome is one of Australia’s most desirable tourist destinations and freehold properties are relatively rare.”

First National’s Allan Griffiths said the existing office improvements were constructed Broom-style, being a steel frame with colorbond custom orb cladding and roof sheeting with a concrete raft floor.

He said the building was fitted-out to a very high standard for the community centre.

The property will be sold by Offers to Purchase closing on November 6, 2019.

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