First National Real Estate Casino are proud to offer for sale an investment property that makes the best use of both residential and commercial all in one package.
148 Walker Street Casino is situated in the CBD and consists of a large ground level retail space plus 2 shop top units.
The retail space consists of 145 m2 show room, 2 x 28m2 utility / storage rooms, 3rd smaller storeroom plus an office and is currently rented with the tenants operating TBS Pet Supplies from the premises since 2018.
Total gross rent collected per annum is $48,199
The entire property boasts a long rental history with little or no vacancy. Ideal CBD location with onsite parking and easy access.
For further details or to arrange an inspection please contact Mark Formaggin today
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 67.48% increase in median value, while Units have seen a 69.54% increase. As at 31 October 2024:
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