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.
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:
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