Laidback luxury on offer in Broome

One of Broome’s most prestigious properties is on the market with an opportunity to convert it into a boutique holiday retreat.

The property at 22 Lawrence Road, Waterbank is fully licensed for guest accommodation and incorporates a main residence with two bedrooms as well as two separate apartments.

“It is ideally suited to investors looking to operate a tropical Boutique Retreat. Should additional accommodation be required, planning permission has been granted to further develop of the property. There is also an option to purchase the 3.7 hectare adjoining property with extensive sea views,” selling agent, Clare Cowen of Ray White Broome said.

Sitting on more than three hectares and overlooking Coconut Well Tidal Lagoon and the Indian Ocean, the property underwent significant renovation over a six year period in the early 2000s and is now considered one of the finest properties in Broome.

Current owners Don and Jan Hodgson purchased the property 12 years ago after selling their gourmet food and kitchenware business, The Essential Ingredient.

“It was an extremely busy and hectic time as we grew the business over 15 years to include importing, manufacturing, wholesale, retail and franchised businesses across multiple locations.

“When we reached our early 50’s we decided we needed a lifestyle change. We sold the business and moved to Broome,” Don explained.

Located at the northern end of Cable Beach in a semi-rural area of around 30 properties, Don said the property provides a quiet, relaxed and comfortable lifestyle with all the benefits of having the centre of Broome less than 20 minutes away.

“We live in a wonderful, friendly community with a variety of neighbours, some with young families and others that are semi-retired just like us. Most of us have beach vehicles with a Friday evening beach sundowner being a regular community occurrence,” he said.

The property at 22 Lawrence Road, Waterbank is accepting Expressions of Interest above $3 million.