10 Marul Rd, Cable Beach is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2009. The property has a land size of 600m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in May 2024.
Located at 10 Mural Road, this spectacular 4-bedroom, 2-bathroom property offers an exceptional investment opportunity, particularly appealing due to its corporate lease with the Government Regional Officers' Housing (GROH) program for a 4-year term. This arrangement promises an amazing return on investment, providing stable and secure rental income for the duration of the lease.Upon entering, you are greeted by spacious, modern open-plan living areas that create a welcoming and versatile environment, ideal for both relaxation and entertaining. The large kitchen is well-appointed with ample storage and workspace, catering perfectly to the needs of families or shared living arrangements.Each of the four bedrooms is generously sized and feature built-in robes, ensuring plenty of storage space for occupants. The property includes two modern bathrooms, designed to comfortably accommodate family needs.The outdoor entertaining area offers a delightful space for gatherings, BBQs, or simply enjoying the outdoors. Additional storage is provided by a garden shed, ideal for garden tools and outdoor equipment.For parking, the property includes a double carport, providing convenient space for two vehicles, with additional room available for a boat or caravan. The gardens are reticulated and easy to care for, ensuring they remain green and lush with minimal effort.Comfort is guaranteed throughout the year with split system air conditioning installed throughout the property. The bedrooms are carpeted, adding a touch of comfort and coziness.In summary, this property at 10 Mural Road is not just a home; it's a smart investment choice with promising returns and long-term security. The combination of its desirable features, corporate lease with GROH, and excellent location makes it an attractive proposition for investors looking to expand their portfolio or secure a reliable income stream through property investment.Investment returnsCurrently leased for a four-year term with GROHCurrently leased at $1250.00 per week with yearly rent reviews.Shire Rates $3,500 - Water Rates $1500 per annumContact Daryl Hunter to arrange a viewing and secure the ultimate investment.Daryl HunterM - 0400 646 201W - 9192 1677E - daryl@hutchrealestate.com.au
The size of Cable Beach is approximately 9.2 square kilometres. There are 8 parks, covering nearly 2.6% of the total area. The population of Cable Beach in 2016 was 5436 people. By 2021 the population was 5730 showing a population growth of 5.4% in the area during that time. The predominant age group in Cable Beach is 30-39 years. Households in Cable Beach are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cable Beach work in a professional occupation.In 2021, 45.00% of the homes in Cable Beach were owner-occupied compared with 44.80% in 2016.
Cable Beach has 3,107 properties. Over the last 5 years, Houses in Cable Beach have seen a 48.77% increase in median value, while Units have seen a 74.40% increase. As at 30 June 2026:
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