FOR SALE
Interest Above $230,000

445 & 446/67 Cascade Street
Raceview QLD 4305

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Land area: 51m2
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Hugeeeeee Returns $910 F/night!

Secure both studios for $220,000
* $910 fortnight return for both units
* Body Corp fees approx $2325 qtr for both units
* Rates approx $440.60 qtr for both units
* Utilities approx $245.15 qtr for both units
* Property Management fees approx $96.59 fortnight for both units (optional)
* Tenants also pay for electricity cost for hot water service
Amazing return on investment for these 2 pidgeon pair units (1 lot and yes pricing is for both!) within an Over 50's gated community that gifts your tenants an awesome on-site manager and plenty of communal areas and services. Eureka Villages Whitehill Gardens is a separate unit complex found within Cascade Gardens Over 50's community on Cascade Street which has a bus at the front gate and is within walking distance or an electric scooter zip away from the Raceview tavern, medical/dental, Raceview Shopping Centre and 7-11 super servo with takeaway shops and more! These units rarely come available for sale.
Each unit is air conditioned and offers a large wheelchair/immobile friendly open design bathroom as well as a room that incorporates a kitchenette/dinette/lounge space and bedroom all in one! How great it is when everything is close by and easy to get to...and think of the cleaning time saved!
A rear courtyard space is accessed via a sliding glass door and the complex offers an Air conditioned communal room complete with books/computers/lounge area and a big covered outdoor seating area as well as a large air conditioned community centre that also has a kitchenette/lounge area/games room etc. A centrally located air conditioned dining and kitchen hall takes care of the occupants meal times with breakfast/chef prepared cooked lunch/coffee & tea facilities provided at an extra cost to the tenant/occupant. A coin laundry is also at the ready come clothes washing day and covered concreted walkways ensure a safe and covered passage around most the complex. Mailboxes are also located near the Reception office and tenants also have the ease of a post box on site if they still use the old style mail...however if they are tech savvy and want e-mail then NBN is also able to be connected to each unit thru the Reception office system.
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Property Details for 445 & 446/67 Cascade St, Raceview

445 & 446/67 Cascade St, Raceview is a 2 bedroom, 2 bathroom Studio. The property has a land size of 51m2. The place is currently for sale with House Quest Real Estate.

Building Type
Studio
Land Size
51m2

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About Raceview 4305

The size of Raceview is approximately 5.9 square kilometres. It has 23 parks covering nearly 11.7% of total area. The population of Raceview in 2011 was 8,686 people. By 2016 the population was 9,716 showing a population growth of 11.9% in the area during that time. The predominant age group in Raceview is 0-9 years. Households in Raceview are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Raceview work in a trades occupation. In 2011, 51.4% of the homes in Raceview were owner-occupied compared with 53% in 2016.

Raceview has 4,458 properties. Over the last 5 years, Houses in Raceview have seen a 99.05% increase in median value, while Units have seen a 102.38% increase. As at 31 October 2024:

  • The median value for Houses in Raceview is $669,499 while the median value for Units is $421,961.
  • Houses have a median rent of $530 while Units have a median rent of $425.
There are currently 40 properties listed for sale, and 8 properties listed for rent in Raceview on OnTheHouse. According to CoreLogic's data, 216 properties were sold in the past 12 months in Raceview.

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