SOLD
Sold on 03 Apr 2024 for $605,000

38 Borilla Street
Emerald QLD 4720

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 635m2
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Property Details for 38 Borilla St, Emerald

Building Type
Commercial
Land Size
635m2
Local Government
Central Highlands Regional
Lot/Plan
5/RP601799

Last Listing description (July 2024)

- 635m2 allotment zoned "Commercial", situated in the CBD area
- Over 82% of the site has been developed and includes an older style masonry block building with an attached rear partly enclosed shed
- Accommodation includes *114m2 of renovated commercial office space, *112m2 of enclosed lockable storage area and *219m2 partly enclosed rear shed space. Vehicular access to the rear of the property

is enabled by registered easements
- All normal utilities including electricity, telephone, reticulated town water and sewerage services are available and connected
- The property comprises a regular shaped inside lot with an approximate frontage to Borilla Street of about 16 metres and a depth of about 40 metres. The site is at street level and is above known flood
levels
- Structural improvements occupy approximately 82% of this site with balance of area improved with concrete hardstand at rear of property
For further information or an inspection of this property, please contact the listing agent.

Property History for 38 Borilla St, Emerald, QLD 4720

A timeline of how this property has performed in the market
Last Sold
$605,000
03 Apr 2024
Listed for Rent
$1.38k/w
17 Jun 2024
  • 04 Apr 2024
    Listed for Rent $71,880 / year
  • 03 Apr 2024
    Listed for Sale $550,000 PLUS GST
  • 03 Apr 2024
    Sold for $605,000
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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 84 properties listed for sale, and 10 properties listed for rent in Emerald on OnTheHouse. According to CoreLogic's data, 564 properties were sold in the past 12 months in Emerald.

Suburb Insights for Emerald 4720

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.