SOLD
RECENT ADVICE
Sold on 24 Jul 2024 for $940,000

71 Pratt Street
Casino NSW 2470

Bedrooms: 8
Bathrooms: 4
Car spaces: 4
Land area: 1110m2
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Property Details for 71 Pratt St, Casino

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.

Building Type
BlockOfUnits
Land Size
1110m2
Local Government
Richmond Valley
Lot/Plan
21/DP595889

Last Listing description (July 2024)

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

• Electric hot water and appliances for everyday ease and efficiency
• Reverse cycle air conditioning for year-round comfort
• Updated kitchens providing a modern and functional living space
• Low-maintenance, partially fenced 1,110 sqm land

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.

Property History for 71 Pratt St, Casino, NSW 2470

A timeline of how this property has performed in the market
Last Sold
$940,000
24 Jul 2024
Listed for Rent
$180/w
18 Jul 2015
  • 24 Jul 2024
    Sold for $940,000
  • 27 Mar 2024
    Listed for Sale $940,000
  • 06 Jul 2020
    Listed for Rent $225 / week
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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 5,931 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:

  • The median value for Houses in Casino is $477,429 while the median value for Units is $395,874.
  • Houses have a median rent of $490 while Units have a median rent of $350.
There are currently 66 properties listed for sale, and 8 properties listed for rent in Casino on OnTheHouse. According to CoreLogic's data, 322 properties were sold in the past 12 months in Casino.

Suburb Insights for Casino 2470

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Contact agent
Josh Cacciola
Show contact details
Elders Real Estate Lismore
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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.