FOR SALE
Done Deal by Tank Lee!

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 Housequest .

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 4,474 properties. Over the last 5 years, Houses in Raceview have seen a 101.62% increase in median value, while Units have seen a 121.82% increase. As at 30 November 2024:

  • The median value for Houses in Raceview is $672,420 while the median value for Units is $454,647.
  • Houses have a median rent of $540 while Units have a median rent of $425.
There are currently 26 properties listed for sale, and 12 properties listed for rent in Raceview on OnTheHouse. According to CoreLogic's data, 213 properties were sold in the past 12 months in Raceview.

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