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Overview
This property presents an exceptional investment opportunity with a solidly built triplex located in a highly convenient spot within Emerald. Just a short stroll from The Village shopping centre, local cafes, showgrounds, and the Emerald CBD, it benefits from nearby essential services including the Emerald Hospital, appealing to tenants seeking comfort and access to amenities.
The complex features three distinct units, each thoughtfully designed with two bedrooms and a single bathroom. Private fenced yards provide outdoor space for tenants, while dedicated single carports efficiently accommodate vehicle parking. The sturdy construction using besser block and brick ensures durability and minimal maintenance requirements, enhancing longevity and reducing management effort.
Internally, the units have been tastefully modernised, showcasing updated kitchens and bathrooms complemented by practical tiled flooring throughout, which offers easy upkeep and a clean aesthetic. This well-maintained condition contributes to its attractiveness as a long-term rental investment.
Financially, the triplex delivers immediate returns generating approximately $1,170 per week in rental income. This translates to a compelling yield in the range of 7.2% to 7.3%, demonstrating robust income potential for investors seeking steady cash flow.
Overall, this property represents a rare chance to acquire a high-performing asset in Emerald’s sought-after investment market. Its strategic location, combined with quality construction and consistent rental income, makes it suitable for investors aiming for a reliable, low-maintenance income-producing asset in an accessible regional centre.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Emerald QLD 4720
Market Insights for Emerald QLD 4720
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