1-3/1 Baker Street, Emerald, Qld 4720

$829,000

Block Of Units
Type
6
Bedrooms
3
Bathrooms
6
Parkings
806 m²
Area

Published on Saturday, October 03, 2026 ( See property details for 1-3/1 Baker Street, Emerald, Qld 4720)

$829,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A solid brick triplex in the heart of Emerald offering three long-term tenants, strong rental returns, and excellent future growth potential.

🏡 Property Highlights

  • Solid brick triplex with three long-term tenants
  • Impressive gross rental income of approximately $69,000 per annum
  • Central location within walking distance to shops, cafes, and schools
  • Secure 2-car accommodation per unit, totaling six parking spaces
  • Established investment opportunity with an 8.28% return
  • Each unit features private courtyards and modern amenities

✨ Key Features

  • Built-in Robes
  • Air Conditioning
  • Security Screens / Gates
  • Outdoor Area
  • Garden / Courtyard
  • Shed
  • Ceiling Fans
  • European-style laundry
  • Concrete filled brick walls
  • Dedicated 2 car accommodation

Emerald is a vibrant regional centre offering a mix of amenities, schools, parks, and shopping precincts. Its central location provides excellent accessibility and strong community connections. The area is known for its steady growth, friendly neighbourhood, and convenient lifestyle. With a range of services and recreational facilities, Emerald is ideal for families and investors alike. The local economy benefits from diverse industries, ensuring long-term stability and potential for future development.

What is the current condition of the property and its units?
The property features solid brick construction with modern amenities, well-maintained units, and private outdoor spaces, making it a low-fuss investment.
Are there any restrictions or covenants on the property?
The property is on three separate titles with no known restrictions; however, potential buyers should verify any local zoning or planning regulations.
What are the ongoing costs associated with the property?
Ongoing costs include property management, maintenance, council rates, and insurance. Specific costs should be confirmed with the current owner or managing agent.
Is the property suitable for future development or expansion?
The property is set on a total area of 806 m² with three separate titles, offering potential for future development or subdivision, subject to council approval.
What is the history of the tenants and lease agreements?
All three units are currently leased to long-term tenants with rental incomes of $420, $440, and $460 per week, providing stable cash flow.
Are there any upcoming planned developments or zoning changes in the area that could affect the property's value? Have there been any recent repairs or renovations, and are there any outstanding maintenance issues? Are there any easements, covenants, or restrictions on the property that could impact future use? What are the total annual costs including council rates, insurance, and management fees? Is there any history of flooding, bushfire risk, or other environmental hazards in the area? Are there any strata or body corporate fees or regulations applicable to the property? Are there any planned infrastructure projects or construction nearby that could impact the property? What is the long-term outlook for rental demand and property appreciation in Emerald? Are there any issues with the property's title or legal encumbrances? Has the property been inspected recently for pests, structural integrity, or other defects?

1-3/1 Baker Street, Emerald, Qld 4720 - More Details

$829,000

Three units, SOLID CONSTRUCTION, three LONG-TERM tenants. One outstanding investment opportunity RETURNING8.28% you dont want to miss this.

Positioned right in the centre of Emerald, 1 Baker Street offers the rare opportunity to secure a solid brick triplex within easy walking distance of shops, cafes, schools, parks and all the conveniences of town.

Set on one property and three seperate titles, the complex comprises three two-bedroom units, each offering comfortable living, private outdoor space and secure long-term tenancy - making this a fantastic addition to an investment portfolio or an opportunity for an investor looking to secure a strong rental return from day one.

Each unit features:
• 2 bedrooms with built-in wardrobes, ceiling fans & split system air conditioning
• Air conditioning to the living area
• 1 modern bathroom
• Concrete filled brick walls
• European-style laundry
• Functional kitchen
• Security screens to windows and doors
• Private courtyard
• Garden shed
• Dedicated 2 car accommodation

The property provides six-car accommodation across the three units, adding further appeal for tenants and helping set this complex apart.

All three units are currently secured with long-term tenants:
• Unit 1 - $420 per week
• Unit 2 - $440 per week
• Unit 3 - $460 per week
Total rental income: $1,320 per week

That's an IMPRESSIVE $69,000* per annum in gross rental income, with the added benefit of three separate tenancies rather than relying on a single tenant.
With its central location, established brick construction, individual courtyards, secure accommodation and strong rental demand, this is the type of property that offers investors both immediate income and long-term potential.

If you're looking for a low-fuss investment with three income streams in the heart of Emerald, 1 Baker Street is well worth inspecting.

Contact us today to arrange your inspection.

*approx

Disclaimer: We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Interested parties should make their own enquiries to verify the information contained in this advertisement.
Type
Block Of Units
Bedrooms
6
Bathrooms
3
Parkings
6
Area
806 m²

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