2/1 Emerald StreetCooroy QLD 4563
Property Details for 2/1 Emerald St, Cooroy
Last Listing description (December 2020)
Colliers International are pleased to present two high profile tenancies in the heart of Cooroys retail village. On offer are two lots to be sold in-one-line or as individual lots. Both lots are fully leased with ASX listed Auswide Bank on a new 5-year lease and well established local business Galah Home on a 3 + 5 year lease.
Lot 1 Auswide Bank
- Returning - $31,011 per annum
- Net lettable area 83m*
- Tenant pays 100% of outgoings (excl. sinking fund)
- ASX listed covenant
- Corner position adjoining IGA car park
Lot 2 Galah Homewares
- Returning - $30,600 net per annum
- 3-year lease expiring February 2022 plus 5-year option
- Net lettable area 77m*
- Tenant pays 100% of outgoings (excl. sinking fund)
- Leased to well known local homewares business
- Prominent tenancy with excellent foot traffic
*Approximately
For Sale in-one-line or as separate allotments by Expressions of Interest closing Thursday 22 October at 4.00pm.
For further information or to arrange an inspection time please contact Jesse Howitt or Nick Dowling.
Property History for 2/1 Emerald St, Cooroy, QLD 4563
- 11 Nov 2020Sold for $440,000
- 23 Sep 2020Listed for Sale Please contact agent
- 19 Jan 1989Sold for $155,000
Recent sales nearby
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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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