12 Emerald StreetCooroy QLD 4563
Property Details for 12 Emerald St, Cooroy
Last Listing description (October 2025)
Investors take note of this outstanding opportunity in the heart of Cooroy CBD opposite the IGA: a post-war home converted to professional offices on a 1012m2 block zoned Medium Impact Density, with dual street frontage, currently tenanted by a law firm.
The building itself comprises entry porch, 1 x reception/waiting room, 3 x offices, large modern kitchen, and fully tiled bathroom; split system air-conditioning throughout, high ceilings, and hardwood timber floors are notable features, and it has been impeccably maintained.
Framed by lush leafy native and tropical gardens with colourful flowering shrubs, a pergola perfect for staff's morning tea or lunch overlooks a delightful pond - and there is a pathway from the carpark (accessed at the rear via Wimmers Lane) through the gardens to the entry.
The three year lease expires on 30th June 2026 and current returns are $36,575 per annum plus GST (see Agent for copy of lease). There is a provision for rent increases every 12 months under current lease. This could make an excellent SMSF (self-managed super fund) investment on a sizeable parcel of land within the vibrant township of Cooroy with its busy town hub, it is the capital of the Noosa hinterland.
Should vacancy eventually arise, securing a tenant in this prime locale, will not be an issue, and there could be future redevelopment possibilities also for this block (stca). With dual street frontage (and possibly access) there is great branding visibility for businesses, and opposite Cooroy's only supermarket, from a commercial point-of-view the location couldn't be better.
Investor owner is committed to secure a sale, and this is an opportunity that will attract the attention of the savvy buyer not only looking for attractive returns but also those looking wishing to be a stakeholder in the ongoing growth of the town.
Tenanted investment in CBD opposite IGA
1012m2 block zoned Medium Impact Density
Current commercial lease expires 30/6/2026
Onsite parking - rear access via Wimmers Ln.
Dual street frontage, great brand exposure
3 x offices, reception/waiting area at entry
Large modern kitchen (eat-in) and bathroom
Leafy gardens with pergola overlooking pond
Savvy investment in heart of vibrant Cooroy
Property History for 12 Emerald St, Cooroy, QLD 4563
- 21 Oct 2025Listed for Sale $1,200,000
- 07 May 2025Listed for Sale $1200000.00
- 13 Dec 2016Sold for $710,000
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About Cooroy 4563
The size of Cooroy is approximately 27.5 square kilometres. It has 10 parks covering nearly 2.3% of total area. The population of Cooroy in 2016 was 3791 people. By 2021 the population was 4801 showing a population growth of 26.6% in the area during that time. The predominant age group in Cooroy is 70-79 years. Households in Cooroy are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cooroy work in a trades occupation.In 2021, 77.40% of the homes in Cooroy were owner-occupied compared with 72.90% in 2016.
Cooroy has 2,432 properties. Over the last 5 years, Houses in Cooroy have seen a 72.61% increase in median value, while Units have seen a 86.40% increase. As at 31 March 2026:
- The median value for Houses in Cooroy is $1,254,364 while the median value for Units is $813,434.
- Houses have a median rent of $800 while Units have a median rent of $700.
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