Description: The property comprises a centrally located strata titled building on the northern alignment of Egerton Street within the Emerald Central Business area on a regular shaped 148m2 site. The property is located within the "Principal Centre" Zone under the Central Highlands Regional Council Town Plan.
The property is improved with a circa 2000 built single storey building comprising a single tenancy with a net lettable area (NLA) of 148m2. The building comprises open retail area, office/staffroom and amenities. The building presents in good condition.
Situation: The property holds a prominent location within Emerald on the northern alignment of Egerton Street within the Central Business Area. Surrounding development comprises lending institutions, real estate agents, employment agencies, the Post Office and the Central Highlands Regional Council. Emerald with a population of about 16,500 people is the main service centre for the Central Highlands region of Queensland which is best known for its agricultural and coal mining industries. Most services are available in Emerald whilst specialist services are available in Rockhampton located approximately 270 kilometres to the east.
Roads and Access: The property has frontage to Egerton Street which comprises a full width bitumen sealed street between concrete kerb and channelling, with off street and centre street parking to the frontage. Access is considered easy and direct.
Services and Amenities: Normal utilities including electricity, telephone, reticulated town water and sewerage services are available and connected to the property.
Land Description: The property comprises a regular shaped internal parcel. The property has a frontage to Egerton Street of approximately 7m with a depth of approximately 24m. The building occupies 100% of the site area. There is access to the rear of the building via Borilla Street and 2 car parking spaces.
Current Lease Returns: Current Annual Rent (ex GST): $57,333.60p.a. - Lease commence date: 01/06/2020; Term: 5 years - Options 5 x 5 years.
For an inspection of this property, please contact the listing agent.
The size of Emerald is approximately 844.9 square kilometres. There are 32 parks, covering nearly 12.5% of the 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 7,810 properties. Over the last 5 years, Houses in Emerald have seen a 85.55% increase in median value, while Units have seen a 93.80% increase. As at 31 August 2026:
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