Property Details for 14 Hospital Rd, Emerald
Last Listing description (June 2024)
High Yield Mixed Use Investment With National Tenant
If you're looking for something special with high yield and multiple tenancies to ensure your risk is spread around then this is the one!
Solidly constructed on a 1303sqm allotment and with a total of 9 tenancies all on one title means this investment not only has strong income but tracks at a high occupancy rate across a broad tenancy mix, whilst minimising outgoings, protecting your overall ROI.
Situated in the Emerald CBD precinct this property is always highly sought after by retail and professional tenants as it is very conveniently located with 3 street frontage (Hospital Rd, Yamala St & Retro St) with ample on-site and street parking.
Seven of the nine tenancies are retail/professional offices including a national tenant (Brumby's Bakery) with the remaining 2 tenancies being residential units at the rear of the property.
This property features:
- High Profile Location
- Gross income exceeding $300K annually
- Multiple mixed use tenancies to spread income risk
- Long standing national tenant
- Solidly constructed building in a growth market
- CPI increases and tenants contribution to outgoings
This truly is a quality investment and will be a great addition to a savvy investors portfolio. For full details and an Information Memorandum please contract JT Tillman from Blue Moon TK Property on 0412 262325.
Property Code: 10664
Property History for 14 Hospital Rd, Emerald, QLD 4720
- 15 Apr 2024Listed for Sale Offers Over $2.5M Invited
- 09 Jul 2019Listed for Rent From $2,400pm plus GST
- 13 Oct 2017Listed for Rent - Price not available
Recent sales nearby
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0About 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 2016 was 14356 people. By 2021 the population was 14904 showing a population growth of 3.8% 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 2021, 53.40% of the homes in Emerald were owner-occupied compared with 52.20% in 2016.
Emerald has 7,749 properties. Over the last 5 years, Houses in Emerald have seen a 75.56% increase in median value, while Units have seen a 81.94% increase. As at 31 March 2026:
- The median value for Houses in Emerald is $572,798 while the median value for Units is $323,936.
- Houses have a median rent of $580 while Units have a median rent of $430.
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