38 Churchill Crescent

Casino NSW 2470

600 m²

House

Currently for sale - view listing

Overview

Flood-Free Investment Opportunity With Strong Yield & Future Upside

Conveniently positioned immediately beside Casino Public School, this classic three-bedroom home presents an outstanding opportunity for investors, first-home buyers or anyone looking to secure a well-located property with genuine future potential. Set on a generous block with excellent side access to the expansive backyard, the property offers far more than just a comfortable three-bedroom home. A substantial rear shed provides valuable storage today, while also presenting exciting potential for conversion or redevelopment into secondary accommodation or a granny flat, subject to council approval - creating the possibility of an additional income stream in the future. The home has been held by the current owner for almost 20 years and has proven to be an excellent long-term investment. It is being offered for sale only to help the owner's children enter the property market, giving the next purchaser the opportunity to secure a well-maintained investment that has already stood the test of time. Importantly, the property is positioned in a completely flood-free location, an increasingly valuable consideration for Casino buyers and investors. With an estimated rental return of approximately $500 to $550 per week the property will deliver an attractive gross rental yield of approximately 5.4% to 6.0%, depending on the eventual purchase price and achieved rental return. Offering three bedrooms, a large backyard, rear access, substantial shedding, strong rental appeal and potential for future secondary accommodation, this is the type of property that continues to perform for investors over the long term. Well-priced investment opportunities in flood-free Casino locations with this level of future potential rarely remain available for long. For further information or to arrange your inspection, contact our team today.