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Sold on 18 Dec 2023 - Price Unavailable

100 Barker Street
Casino NSW 2470

Bedrooms: -
Bathrooms: -
Car spaces: 13
Floor area: 433m2
Land area: 1726m2
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Property Details for 100 Barker St, Casino

Building Type
Commercial
Floor Size
433m2
Land Size
1726m2
Local Government
Richmond Valley
Lot/Plan
1/DP661148

Last Listing description (December 2023)

Opportunity abounds in this gracious 2-storey building situated in a prime position next door to the Post Office in Barker Street right in the heart of the Casino central business district.

A landmark since 1883, the former bank and managers residence has outstanding original features including high pressed metal ceilings, timber staircase wooden floorboards, strong room picture rails, large timber doors with decorative glass, fireplaces with timber mantles and coach house.

• Today the property is split into 8 lettable areas with a variety of tenants.

• Suite 1 is the original bank front office that currently tenanted as a watch sales / repair shop boasting a show room, 2 private offices and a kitchenet.
• Suite 2 is the largest area and has been tenant as a popular long running fully licenced local café restaurant boasting a commercial kitchen, cold room, inside dining room, large covered area along with gardens and shaded dining areas.
• Suites 3,4, and 5 are professional rooms.
• The upstairs suits of 6,7 and 8 located in the original residence are also used as professional rooms along with a waiting room, sunroom, and bathroom.
• There is also an opportunity to create an additional lettable area upstairs that is currently utilised by the current owners.
• The property also boasts off street secure tenant parking.
• Current gross income of over $85,000 p/a with real scope to increase this figure.
Landmark commercial premises with established tenants along with tremendous potential for renovation or new commercial venture right in the heart of the CBD

For information or to arrange an inspection contact Mark Formaggin on 0418 623 779 or mark@fncasino.com.au

Property History for 100 Barker St, Casino, NSW 2470

A timeline of how this property has performed in the market
Last Sold
18 Dec 2023
  • 18 Dec 2023
    Sold for $760,000
  • 01 Sep 2023
    Listed for Sale $780,000
  • 17 Jan 2005
    Sold for $400,000

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About Casino 2470

The size of Casino is approximately 90.3 square kilometres. It has 31 parks covering nearly 2.5% of total area. The population of Casino in 2011 was 10,557 people. By 2016 the population was 10,909 showing a population growth of 3.3% in the area during that time. The predominant age group in Casino is 0-9 years. Households in Casino are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Casino work in a labourer occupation. In 2011, 62.5% of the homes in Casino were owner-occupied compared with 60.4% in 2016.

Casino has 5,932 properties. Over the last 5 years, Houses in Casino have seen a 61.76% increase in median value, while Units have seen a 61.60% increase. As at 30 September 2024:

  • The median value for Houses in Casino is $476,503 while the median value for Units is $390,206.
  • Houses have a median rent of $480 while Units have a median rent of $350.
There are currently 69 properties listed for sale, and 6 properties listed for rent in Casino on OnTheHouse. According to CoreLogic's data, 315 properties were sold in the past 12 months in Casino.

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Contact agent
Mark Formaggin
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PRD Real Estate Casino
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.