FOR SALE
$680,000

5 Emu Street
Slade Point QLD 4740

Bedrooms: 6
Bathrooms: 3
Car spaces: 5
Land area: 809m2
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REVENUE STREAM PLUS A SHED and NO BODY CORPORATE FEES!

5 Emu Street is generating a combined rental income of $800 however upon the renewal of the individual leases in this current market this has the potential to increase to a minimum of $1200 to $1260 per week with an additional $50 per week if one of the tenants wished to lease the shed.
Unit 1
• Currently tenanted until 18 July 2025.
This unit features a basic kitchen with the laundry facilities set in alcove adjacent to the kitchen. The lounge is cooled by a ceiling fan and vinyl flooring is in place. The two bedrooms have ceilings fans and carpet flooring. The bathroom features a single shower with separate toilet. A single carport is set adjacent to the front door.
Unit 2
• Currently tenanted until 27 November 2024.
This unit also features a basic kitchen with the laundry facilities set in alcove adjacent to the kitchen. The lounge is cooled by a ceiling fan and vinyl flooring is in place. The two bedrooms have ceilings fans and carpet flooring. The bathroom including the toilet includes a single shower over a small shallow bath. A single carport is set adjacent to the front door with an additional hard stand for second vehicle.
Unit 3
• Currently tenanted until 30 March 2025.
This unit features a basic kitchen with the laundry facilities set in alcove adjacent to the kitchen. The lounge is cooled by a ceiling fan and vinyl flooring is in place. The two bedrooms have built in robes plus ceilings fans and vinyl flooring. The bathroom including the toilet includes a single shower over a small shallow bath. A single carport is set adjacent to the front door.
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Property Details for 5 Emu St, Slade Point

5 Emu St, Slade Point is a 6 bedroom, 3 bathroom BlockOfUnits with 5 parking spaces. The property has a land size of 809m2. The place is currently for sale with Blacks Real Estate - MACKAY.

Building Type
BlockOfUnits
Land Size
809m2

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About Slade Point 4740

The size of Slade Point is approximately 7.1 square kilometres. It has 11 parks covering nearly 39.1% of total area. The population of Slade Point in 2011 was 3,859 people. By 2016 the population was 3,353 showing a population decline of 13.1% in the area during that time. The predominant age group in Slade Point is 50-59 years. Households in Slade Point are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Slade Point work in a trades occupation. In 2011, 64.1% of the homes in Slade Point were owner-occupied compared with 64.5% in 2016.

Slade Point has 1,771 properties. Over the last 5 years, Houses in Slade Point have seen a 64.24% increase in median value, while Units have seen a 105.91% increase. As at 31 August 2024:

  • The median value for Houses in Slade Point is $462,132 while the median value for Units is $353,945.
  • Houses have a median rent of $500 while Units have a median rent of $425.
There are currently 21 properties listed for sale, and 1 property listed for rent in Slade point on OnTheHouse. According to CoreLogic's data, 75 properties were sold in the past 12 months in Slade point.

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Glenis Wilson
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Blacks Real Estate - MACKAY
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