34-38 Bright St, Emu Park is a 7 bedroom, 7 bathroom Unit with 5 parking spaces. The property has a land size of 2474m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 7 bedroom Unit sold in Emu Park in the last 12 months.
Opportunities like this are once-in-a-lifetime. Imagine owning a prime investment property, perfectly situated to benefit from both current rental income and future development potential. This unique property, set across a generous 2,474m on two titles (land 704m2, Unit block 1770m2) , boasts seven units with stunning views over Emu Parks CBD, Keppel Bay, and the Keppel Islands.Immediate rental income six of the seven units are currently tenanted, providing a reliable combined weekly income of $1,070. The remaining unit is available for you to live in or use as a holiday retreat.Options for Future Development Explore the potential to sell one of the vacant titles, add storage units, or even consider developing a larger multi-unit complex to maximize returns.Unit 1 (see photos)- Entry area and large sleep-out- One large bedroom with two doors and extra high ceilings- Large living space with high ceilings- Large room with kitchen- Bathroom, new upgraded shower, hot-water system, separate toilet and laundry- Seaview's from the front door- CarportUnit 2- Entry area and large sleep-out- One large bedroom with two doors and extra high ceilings- Large living space with high ceilings- Large room with kitchen- Bathroom, separate toilet and laundry- Seaview's from the front door- CarportUnit 3 (second floor northern side)- Large sleep-out area with beautiful Seaview's, could be used as second bedroom- One large bedroom with two doors and extra high ceilings- Large living space with high ceilings- Large room with kitchen- Bathroom, new upgraded shower hot-water system, separate toilet and laundry- CarportUnit 4 (second floor southern side)- Large sleep-out area with beautiful Seaview's, could be used as second bedroom- One large bedroom with two doors and extra high ceilings- Large living space with high ceilings- Large room with kitchen- Bathroom, separate toilet and laundry- CarportUnit 5- One large bedroom- Large living space with kitchen- Bathroom, separate toilet and laundry- Seaview's from the front door- Carport and entertaining areaUnit 6 (vacant at present)- Entry area to dinning, kitchen and living area- One large bedroom- Bathroom, separate toilet and laundry- CarportUnit 7- Entry area to dinning, kitchen and living area- One large bedroom- Bathroom, separate toilet and laundry- CarportUnbeatable Location within walking distance to beautiful beaches, Emu Park shops, schools (360m), medical facilities (114m), and popular local venues (535m).This property offers the ideal mix of immediate returns and long-term growth. The foundations are here, now its up to you to unlock its full potential.Dont let this chance slip by! Contact us today to explore how you can make the most of this extraordinary investment opportunity.Disclaimer: While every effort has been made to provide accurate information, neither the Vendor or Agent guarantees its accuracy. Interested parties should conduct their own investigations to verify all details. Boundary lines are only a guide.
The size of Emu Park is approximately 21.8 square kilometres. It has 8 parks covering nearly 4.2% of total area. The population of Emu Park in 2016 was 2130 people. By 2021 the population was 2281 showing a population growth of 7.1% in the area during that time. The predominant age group in Emu Park is 60-69 years. Households in Emu Park are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Emu Park work in a trades occupation.In 2021, 76.10% of the homes in Emu Park were owner-occupied compared with 64.80% in 2016.
Emu Park has 1,532 properties. Over the last 5 years, Houses in Emu Park have seen a 122.86% increase in median value, while Units have seen a 130.31% increase. As at 30 April 2026:
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