Cable Beach, Western Australia

Boutique 8 Bungalow High-Performing MR Business with an outstanding reputation | Resort Brokers ID : MR009188

$1,292,000

Business Description

Cocos Beach Bungalows offers a boutique management rights opportunity in Cable Beach, one of Australia's most celebrated tourism destinations. This established operation comprises 8 freestanding Pearlers-style bungalows on 5,500sqm, generating a net profit of $179,000 for a 30 month average. The business benefits from Broome's resilient visitor demand, with all units in the letting pool contributing to consistent revenue. TripAdvisor Certificate of Excellence Hall of Fame recognition underpins the property's market reputation, driving repeat bookings and positive guest reviews across peak and shoulder periods.

The offering includes a 3-bedroom manager's residence with office facilities, providing comfortable live-in accommodation within the complex. Caretaking duties focus on guest services, property maintenance and upkeep of pool and garden areas, with a manageable scale suited to hands-on operators. Priced at $1.292 million, including the residence, this represents a straightforward entry into the accommodation sector with established systems, strong occupancy fundamentals and potential for revenue enhancement through targeted marketing and operational refinement.

Cable Beach's proximity to world-class beaches, dining precincts and regional attractions ensures ongoing appeal for tourists in Western Australia's premier northern destination.

- Automatic renewal of letting agreements until June 2045
- 100% of units in the letting pool, with no option to leave the letting pool until after June 2045
- All letting agreements are recently updated and are running concurrently
- Manager's residence has been refurbished
- Additional land available on manager's lot to allow for the construction of staff accommodation
- Excellent location near Cable Beach
- No fixed office hours
- Inspections are by appointment only
Date updated: 17 May 2026 23:00:08