9 Lucas Street, Broome, WA 6725 sold on 24 April 2026 | OnTheHouse
SOLD
Sold on 24 Apr 2026 for $2,650,000

9 Lucas Street
Broome WA 6725

Bedrooms: -
Bathrooms: -
Car spaces: 15
Floor area: 2728m2
Land area: 2728m2
This property is currently on the market
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Property Details for 9 Lucas St, Broome

Building Type
Commercial
Floor Size
2728m2
Land Size
2728m2
Local Government
Broome
Lot/Plan
1685/P215912

Last Listing description (July 2026)

Ray White Broome is proud to present 9 Lucas Street, Broome - a fully leased light industrial investment offering strong net income, a brand new 5-year lease, and long-term security in Broome's main Light Industrial precinct. This is an amazing opportunity! This substantial industrial asset provides immediate income with built-in rental growth and future upside, underpinned by a versatile, high-quality facility with extensive improvements and full concrete hardstand.PROPERTY SUMMARY: Site Area: 2,728 sqm Lettable Area: 1,285 sqm Lease: 5 + 5 + 5 (potential to 2041) Zoning: Light Industry LEASE SUMMARY: Brand new 5 year lease to established quality tenant. 2 further 5 year options providing long term security CPI Reviews throughout the term. MKT @ option. Net Lease structure - Tenant pays all outgoings.PROPERTY HIGHLIGHTS: Fully concrete hardstand across the entire site - low maintenance and highly functional. Substantial improvements (1,285 sqm) comprising 2 x large workshops, two-level office and a warehouse. Functional site layout and improvements. Flexible configuration to the rear worksheds Purpose built and designed by Builders. Secure site with full boundary fencing and gated access. Ample parking on site and street parking. Excellent access with dual entry points and horseshoe driveway.REAR WORKSHOP 1 (408 sqm): Large insulated Workshop space with 4 x automatic roller doors, both front and rear (4m clearance) 2 x air-conditioned offices. 2 x bathrooms (toilet, shower and hand basin) Insulated covered storage area. Fenced concrete storage area at rear.REAR WORKSHOP 2 (408 sqm) Large insulated Workshop space with 4 x automatic roller doors, both front and rear (4m clearance) 2 x air-conditioned offices. 2 x bathrooms (toilet, shower and hand basin) Concrete and covered storage area at the rear.Both workshops are designed with flexibility to potentially configure into 4 separate workshop/office tenancies (204 sqm each) as an option.OFFICE (391 sqm), built over two levels comprising: 13 offices, plus board room and meeting room. Kitchen, bathroom/laundry facilities. Display room, printing station, store/archive room, server room. Balcony, front and rear verandah with bar area, gazebo/carport. Fully air-conditioned.WAREHOUSE (78 sqm) 2 x roller doors, 1 x PA door. Storage racks, enclosed storage area plus mezzanine.Broome's growing population, major infrastructure investment and evolving industrial landscape continue to fuel economic confidence and support long-term growth.9 Lucas Street represents a rare opportunity to secure a large-scale fully leased industrial asset in Broome, underpinned by strong income, long lease security and a highly functional, low-maintenance site. High quality improvements.For further information to arrange an inspection, please contact Nick Johnston on the following: Phone: 0417 714 976Email: nick.johnston@raywhite.comBuilding areas have been estimated by building plans an on site measurements and are approximate only.

Property History for 9 Lucas St, Broome, WA 6725

A timeline of how this property has performed in the market
Last Sold
$2,650,000
24 Apr 2026
  • 24 Apr 2026
    Sold for $2,650,000
  • 26 Mar 2026
    Listed for Sale Not Disclosed
  • 23 Feb 2017
    Sold for $1,650,000
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About Broome 6725

The size of Broome is approximately 5.8 square kilometres. There are 9 parks, covering nearly 3.5% of the total area. The population of Broome in 2016 was 4042 people. By 2021 the population was 3797 showing a population decline of 6.1% in the area during that time. The predominant age group in Broome is 30-39 years. Households in Broome are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Broome work in a professional occupation.In 2021, 37.10% of the homes in Broome were owner-occupied compared with 35.30% in 2016.

Broome has 2,238 properties. Over the last 5 years, Houses in Broome have seen a 55.11% increase in median value, while Units have seen a 53.59% increase. As at 30 June 2026:

  • The median value for Houses in Broome is $645,820 while the median value for Units is $421,275.
  • Houses have a median rent of $1,075 while Units have a median rent of $823.
There are currently 28 properties listed for sale, and 14 properties listed for rent in Broome on OnTheHouse. According to Cotality's data, 103 properties were sold in the past 12 months in Broome.

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Nick Johnston
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Ray White Broome
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.