71 Pratt St, Casino is a 8 bedroom, 4 bathroom BlockOfUnits with 4 parking spaces. The property has a land size of 1110m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 8 bedroom BlockOfUnits sold in Casino in the last 12 months.
Seize this opportunity for outstanding returns with a hassle-free, low-maintenance brick and tile investment. This block of four units, held on a single title, is generating a remarkable $68,640 per annum, a 7.3% gross rental yield, has excellent proximity to shops, and has the added benefit of long-term tenants on 12-month leases.
Each unit features:
• 2 spacious bedrooms with built-in robes, 1 bathroom, and 1 carport
With a new rent return of $1,320 per week commencing in September, this property is set for sustained growth. Don't miss out on this high-potential investment. Call now to book a viewing.
Please note that floodwaters encroached the property grounds during the February 2022 flood event. None of the residences were affected.
DISCLAIMER: The information contained in the advertising of this property is based on information provided to the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters.
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 5,931 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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