424-425/67 Cascade StreetRaceview QLD 4305
Property Details for 424-425/67 Cascade St, Raceview
424-425/67 Cascade St, Raceview is a 2 bedroom, 2 bathroom Unit with 1 parking spaces.
Last Listing description (June 2022)
Looking for a safe investment property with great returns? Look no further!
Whitehill Gardens is an over 55's independent living community located at 67 Cascade Street, Raceview & run by the highly credible EUREKA GROUP.
Offered for sale is two well-appointed and spacious freehold & strata-titled units, conveniently attached to just one property title. This means you only pay one rates, body corp bill etc for two rental properties, which maximises your net return.
Units 424 and 425 are side by side and located near the front of the complex with great access to communal onsite facilities. Both units have their own bedrooms, ensuite style bathrooms and central kitchen / living / dining area which has great natural light. The units also include a small outdoor area at the rear, where the residences can sit outside and enjoy the scenery with great privacy.
$535 per week rent for under $200,000 purchase price 14% Gross or 7% Net !!!
Freehold & standard strata title. No additional Entry or Exit Fees.
Haven't thought about investing in the over 55's market before? I can help! I have sold dozens of these properties and can assist you in this market.
The village has excellent onsite management to watch over your investment daily. The village also boasts two clubhouses which host social activities, landscaped gardens, shared pool, laundry and commercial kitchen with optional meal service.
Get in touch today to find out more.
Property History for 424-425/67 Cascade St, Raceview, QLD 4305
- 05 May 2022Listed for Sale SOLD by RE/MAX Experience
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About Raceview 4305
The size of Raceview is approximately 5.9 square kilometres. There are 23 parks, covering nearly 11.7% of the total area. The population of Raceview in 2016 was 9721 people. By 2021 the population was 9699 showing a population decline of 0.2% in the area during that time. The predominant age group in Raceview is 0-9 years. Households in Raceview are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Raceview work in a community and personal service occupation.In 2021, 57.00% of the homes in Raceview were owner-occupied compared with 53.00% in 2016.
Raceview has 4,523 properties. Over the last 5 years, Houses in Raceview have seen a 137.40% increase in median value, while Units have seen a 186.41% increase. As at 31 May 2026:
- The median value for Houses in Raceview is $897,989 while the median value for Units is $595,499.
- Houses have a median rent of $600 while Units have a median rent of $510.
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