77a Sullivan Street, Emerald, QLD, 4720, Australia

Description:
Discover the potential of this fully renovated investment opportunity nestled in the heart of Emerald, Queensland! Situated in the thriving regional centre of Emerald, QLD 4720, this expansive property offers a blend of urban convenience and rural charm, presenting a lucrative prospect for savvy investors.

Emerald is renowned for its vibrant economy and diverse amenities, including a rural training college, farm machinery sales outlets, and a sprawling irrigation dam, making it a dynamic economic hub in the Central Highlands.

7A Sullivan Street features cleared vacant land totalling 9170 sqm, strategically positioned adjacent to the esteemed Illoura Emerald apartments. With its prime location and proximity to high-density residential living, this land parcel holds immense potential for lucrative development opportunities.

Meanwhile, 7 Sullivan Street boasts a substantial residential accommodation flat building, fully renovated and upgraded to include 14 bedrooms, 6 bathrooms, 6 showers, 6 toilets, and 5 cooking stoves. This property is fully occupied and generating high rental yield, making it a robust income generator. Formerly operated by Queensland Rail, the building retains its original 1970s charm and has been enhanced to meet modern standards. Situated on a lot of 1659 sqm, adjacent to the bustling Stay on Sullivan motel, the location further augments the property's appeal for discerning investors.

Key Features:
- Total land size of approximately 1.1 hectares (Lot 7A: 9170 sqm, Lot 7: 1659 sqm)
- Fully renovated residential accommodation flat building offering 14 bedrooms, 6 bathrooms, 6 showers, 6 toilets, and 5 cooking stoves, with high rental yield
- Proximity to high-density residential living and essential amenities
- Thriving regional centre with a robust economy and diverse economic activities
- Convenient location, situated just 270 km west of Rockhampton and 878 km northwest of Brisbane

Pricing:
This exceptional property, with a comprehensive valuation report confirming the properties' value at $1.91M before renovation, is now offered at a minimum bid of $1.99M.

Seize this unparalleled investment opportunity today! Contact us now to schedule a viewing or to obtain further details on this prime asset in Emerald, QLD.