5-7 Hicks Street, Emerald, QLD 4720 | Property Value & History | OnTheHouse
OFF MARKET

5-7 Hicks Street
Emerald QLD 4720

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Property Details for 5-7 Hicks St, Emerald

Building Type
Commercial
Local Government
Central Highlands Regional
Lot/Plan
6/E216109

Last Listing description (July 2022)

OPPORTUNITY

The opportunity is in purchasing a well-established business with immediate cash flow. On offer here is a fully equipped mechanical operation, fully equipped hydraulic replacement and repair business and a bearing supply business. The property itself offers dual exposure. On one side you are exposed to the high traffic flow of the western highway and on the other you are exposed to Hicks Street which is also high exposure and a high traffic flow and gives you easy access to the business. The property itself is a 2,242m2 industrial block with a large hardstand area, a 592m2 industrial shed incorporating three separate areas to accommodate the three business operations, as well as office and showroom space that could be used as retail space. This property is offered on a WIWO basis incorporating all stock, plant and equipment.
GENERAL DESCRIPTION: The subject is improved with a 30 year old industrial shed with an approximate floor area of 592m2 and a clearance height of approximately 4 metres. Internally, the main shed incorporates office/front reception and amenities which have an approximate floor area of 120m2 and 12m2 respectively.

Property History for 5-7 Hicks St, Emerald, QLD 4720

A timeline of how this property has performed in the market
Last Sold
$660,000
25 Sep 2007
  • 16 Oct 2020
    Listed for Sale $1,200,000 WIWO
  • 20 Apr 2011
    Listed for Sale $1,300,000 WIWO
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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 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 7,755 properties. Over the last 5 years, Houses in Emerald have seen a 55.29% increase in median value, while Units have seen a 61.58% increase. As at 30 November 2025:

  • The median value for Houses in Emerald is $525,843 while the median value for Units is $303,887.
  • Houses have a median rent of $560 while Units have a median rent of $420.
There are currently 58 properties listed for sale, and 28 properties listed for rent in Emerald on OnTheHouse. According to Cotality's data, 725 properties were sold in the past 12 months in Emerald.

Suburb Insights for Emerald 4720

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.