FOR SALE
Expressions of Interest - Offers Above $950K Considered (Buyer Agent Welcome)

7 Sullivan Street
Emerald QLD 4720

Bedrooms: -
Bathrooms: -
Car spaces: 20
Floor area: 13m2
Land area: 1659m2
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Real Estate Cash Cow : Fully Renovated Property with Strong Positive Cash Flow and reasonable price tag!

Unlock the potential of this meticulously renovated investment opportunity nestled in the heart of Emerald, Queensland! Positioned in the thriving regional center of Emerald, QLD 4720, this expansive property seamlessly combines urban convenience with rural charm, offering a compelling proposition for astute investors.
Emerald is renowned for its vibrant economy and diverse amenities, including a rural training college, farm machinery sales outlets, and a sprawling irrigation dam, solidifying its status as a dynamic economic hub in the Central Highlands.
7 Sullivan Street presents a substantial residential accommodation flat building, meticulously renovated and upgraded to encompass 14 bedrooms, 6 bathrooms, 6 toilets, and 5 cooking stoves. Currently fully occupied and yielding positive cash flow, this property serves as a robust income generator with consistent returns. Formerly under the management of Queensland Rail, the building preserves its original 1970s charm while being thoughtfully modernized to meet contemporary standards. Situated on a generous lot spanning 1659 sqm, and adjacent to the bustling "Stay on Sullivan" motel, the property's location further enhances its appeal to discerning investors.
Key Features:
Cash Cow Potential: Experience substantial and consistent profits with this fully renovated property, providing a lucrative income stream for investors.
Meticulously Renovated: The property has undergone meticulous renovation and upgrading, offering modern amenities while retaining its original charm, ensuring tenant satisfaction and long-term rental stability.
Prime Location: Situated in the heart of Emerald, Queensland, this property benefits from its proximity to essential amenities, high-density residential living, and thriving economic activities, enhancing its appeal to discerning investors.
Buyer Agent Welcome! Seize this unparalleled investment opportunity today! Contact us now to arrange a viewing or obtain further details on this prime asset in Emerald, QLD.

Property Details for 7 Sullivan St, Emerald

Building Type
Commercial
Floor Size
13m2
Land Size
1659m2

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About Emerald 4720

The size of Emerald is approximately 844.9 square kilometres. It has 32 parks covering nearly 12.5% of total area. The population of Emerald in 2011 was 13,883 people. By 2016 the population was 14,318 showing a population growth of 3.1% in the area during that time. The predominant age group in Emerald is 0-9 years. Households in Emerald are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Emerald work in a trades occupation. In 2011, 56% of the homes in Emerald were owner-occupied compared with 52.2% in 2016.

Emerald has 7,753 properties. Over the last 5 years, Houses in Emerald have seen a 37.86% increase in median value, while Units have seen a 58.14% increase. As at 31 October 2024:

  • The median value for Houses in Emerald is $413,717 while the median value for Units is $264,665.
  • Houses have a median rent of $535 while Units have a median rent of $390.
There are currently 90 properties listed for sale, and 10 properties listed for rent in Emerald on OnTheHouse. According to CoreLogic's data, 576 properties were sold in the past 12 months in Emerald.

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Frank Fan
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Oxbridge Property Group
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