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Damien Thwaite
+ 61 0428 396 301
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For sale

Apartment8mo

$2,550,000

24 Hill Street, Emu Park, QLD, 4710, Australia

5Bedrooms
1Bathrooms
2021 m²Land size
Map of the surrounding area

About this Property

Perfectly situated in the heart of Emu Park's CBD, this commercial complex boasts an excellent location with impressive street appeal and ample parking facilities. Comprising six fully tenanted shops, the site represents a compelling investment opportunity, not only for the present but also for the future.

Spanning across 2,021m2 (half acre) the parcel of land of this size is very hard to come by specially in this location. The building covers 710m2, constructed with durable blocks, requires minimal maintenance, ensuring long-term cost-effectiveness. Its current owners, who originally constructed the complex, have been reaping substantial returns from their investment. Convenient side entry to the bitumen parking area provides access to 18 parking spaces, enhancing the convenience for both tenants and visitors.

The current diverse tenant roster includes hardware, legal services, fitness - therapy, and various retail stores, ensuring a stable and diversified income stream. Moreover, the property holds immense potential for future development. Possibilities include constructing additional units atop the existing shops, capitalizing on the high demand for housing in the area. Furthermore, recent approvals for nearby five-story apartment complexes have set a precedent, making this property an ideal candidate for similar future developments (STCA). Notably, some of these potential apartments would offer captivating sea views, adding significant allure to prospective residents.

In the current real estate landscape, the Capricorn Coast stands out as a sought-after destination for Australians seeking an enhanced quality of life outside bustling city centers. This trend underscores the investment potential of this property, making it a prime choice for discerning investors looking for a secure and profitable venture.

For those keen on securing one of the most promising commercial real estate opportunities in the area, we invite you to inquire today. Discover how you can seize this exceptional opportunity and become a part of the thriving business landscape in Emu Park CBD.
Contact Damien Thwaite for more information
Boundary lines are only a guide only

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspections or otherwise.

Damien Thwaite

Sea Change Realty
+ 61 0428 396 301
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More Details on 24 Hill Street, Emu Park QLD

How many bedrooms and bathrooms does 24 Hill Street, Emu Park have?

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24 Hill Street, Emu Park is a 5 bedroom, 1 bathroom apartment.

Who is the agency that listed 24 Hill Street, Emu Park?

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The agency who listed 24 Hill Street, Emu Park is Sea Change Realty - you can contact the agents here.

How many car spots does 24 Hill Street, Emu Park have?

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24 Hill Street, Emu Park is a 0 car spot home.

How much is 24 Hill Street, Emu Park?

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The price of 24 Hill Street, Emu Park is $2.6M - contact the agents to find out more.