124 Centre StreetCasino NSW 2470
Property Details for 124 Centre St, Casino
Last Listing description (November 2020)
Cushman & Wakefield is pleased to present to the market 124 Centre Street, Casino (Northern Rivers) for Sale via Auction.
The property has the following key characteristics:
- New 10 year lease to 2030 + options to 2040
- Purpose built state of the art medical and dental facility equipped with 4 surgery rooms, x-ray room, sterilising room including modern offices and reception
- Medical & Dental facility providing depreciation benefits
- Landlord friendly net lease with the tenant paying all outgoings as per the lease
- Lease secured by Directors GTee & Bank GTee equivalent to 3 months rent & outgoings
- Casino Strong regional essential service town situated 26 km to Lismore Airport and 66 km to Ballina Byron Gateway Airport
- Northern Rivers NSW fastest growing region
- Guaranteed rental growth with fixed 3% increases
- Net Income $60,000 pa + GST
The property is for sale by way of Cushman & Wakefield Investment Auction. The Auction will be conducted on Thursday 5 November at 12 noon AEDT at Doltone House Hyde Park, located on level 3/181 Elizabeth Street, Sydney NSW 2000.
Prospective purchasers and interested parties in this tenanted investment will have access to remote bidding facilities in both Brisbane and Melbourne.
Should you have interest in bidding on the property, please contact the exclusively appointed property professionals at Cushman & Wakefield.
Property History for 124 Centre St, Casino, NSW 2470
- 05 Nov 2020Sold for $1,105,000
- 30 Sep 2020Listed for Sale Contact Agent
- 23 Jul 2019Sold
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0About Casino 2470
The size of Casino is approximately 90.3 square kilometres. There are 31 parks, covering nearly 2.5% of the total area. The population of Casino in 2016 was 10914 people. By 2021 the population was 10930 showing a population growth of 0.2% 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 2021, 64.20% of the homes in Casino were owner-occupied compared with 60.40% in 2016.
Casino has 5,954 properties. Over the last 5 years, Houses in Casino have seen a 42.49% increase in median value, while Units have seen a 64.71% increase. As at 30 June 2026:
- The median value for Houses in Casino is $513,237 while the median value for Units is $438,184.
- Houses have a median rent of $550 while Units have a median rent of $380.
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