121-125 Centre StreetCasino NSW 2470
Property Details for 121-125 Centre St, Casino
121-125 Centre St, Casino is a 0 bedroom, 0 bathroom Unit. The property has a land size of 2042m2. While the property is not currently for sale or for rent, it was last sold in June 2007.
Last Listing description (March 2021)
This is a good size well priced motel leasehold business, with an excellent opportunity for a new owner to grow the profits. The motel features 26 rooms of various configurations and a licensed restaurant which is currently not operating. There is an opportunity to re-open the restaurant, utilise as a breakfast room, open it up as a conference room or keep it closed, the choice is yours.
Known as the Beef Capital, Casino is a strong rural town that is home of PRIMEX Agricultural Field Show and the popular Beef Week festival, attracting many visitors to the region. This is a great opportunity for an experienced operator who can see the motels potential or somebody looking for their first motel with excellent.
Owners are ready move on and have priced for a quick sale.
Property Code: 570
Property History for 121-125 Centre St, Casino, NSW 2470
- 14 Aug 2019Listed for Sale LEASEHOLD REDUCED $350,000
- 04 Jun 2007Sold for $1,075,000
- 14 Jul 1999Sold for $426,000
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0About 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 5,933 properties. Over the last 5 years, Houses in Casino have seen a 71.03% increase in median value, while Units have seen a 47.22% increase. As at 31 August 2024:
- The median value for Houses in Casino is $475,573 while the median value for Units is $349,460.
- Houses have a median rent of $478 while Units have a median rent of $350.
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