1-4/20 Opal Street, Emerald, Qld 4720

$720,000

Block Of Units
Type
8
Bedrooms
4
Bathrooms
4
Parkings

Published on Friday, October 16, 2026 ( See property details for 1-4/20 Opal Street, Emerald, Qld 4720)

$720,000

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

A centrally located multi-unit complex offering immediate income and significant value-add potential on a spacious 911m2 block in Emerald.

🏡 Property Highlights

  • Prime central location within walking distance to all amenities
  • Generous 911m2 block with four brick veneer units
  • Immediate rental income from two units, with potential for renovation
  • Steady rental income of $400-$450 per week per unit
  • Four carports providing ample parking
  • Unique multi-unit complex with capital growth potential

✨ Key Features

  • Built-in Robes
  • Garage
  • Outdoor Area
  • Open-Plan Living
  • Secure Parking
  • Ensuite
  • Floorboards
  • Pet-Friendly
  • Waterfront / Views
  • Low-Maintenance Yard

Emerald is a vibrant town in Queensland offering a strong community feel, excellent amenities within walking distance, and a growing property market. Its central location provides easy access to shops, schools, and transport, making it an ideal place for tenants and investors alike. The town’s steady growth and infrastructure development ensure long-term value appreciation. With a mix of modern and established properties, Emerald presents a compelling opportunity for property investors seeking reliable income and capital growth.

What is the current rental yield for this multi-unit complex?
The current rental income ranges from $400 to $450 per week per unit, providing a reliable income stream for investors.
Are there any planned developments or zoning changes in the area?
It is recommended to consult local council planning departments for the latest zoning and development plans affecting this property.
What condition are the units in, and what renovations are needed?
Two of the units require renovation, while the other two are move-in ready. Renovation costs should be considered as part of your investment planning.
Is there any body corporate or strata management involved?
As a block of units, there may be a body corporate; further details can be obtained from the selling agent.
What are the potential risks associated with this property?
Potential risks include market fluctuations, renovation costs for the units needing updates, and local zoning or planning changes. Conduct thorough due diligence.
Are there any hidden costs or fees associated with the property, such as strata levies or maintenance fees? Have the units been inspected recently for structural issues or pest infestations? Are there any restrictions or easements on the property that could affect future development or renovations? What is the history of the property's rental occupancy and any past issues with tenants? Are there any upcoming town planning or infrastructure projects that could impact the property's value or livability? Is the property compliant with all local building codes and regulations? What are the zoning restrictions for the site, and are there any limitations on future development? Has the property been affected by any natural risks such as flooding or bushfire zones? Are there any existing warranties or guarantees on the property or its fixtures? What are the terms of the current lease agreements, and are there any leasehold or freehold considerations?

1-4/20 Opal Street, Emerald, Qld 4720 - More Details

$720,000

Unlock immediate cash flow with built-in capital growth. This unique multi-unit complex on a generous 911m2 block, in the centre of town, offers the perfect balance of steady, reliable income and an exciting value-add opportunity.
This opportunity doesn't present itself every day.
Ideally located in the town centre within walking distance to all amentities, your tenants will have everything at their fingertips.
The site has 4 x 2 bedroom, one bathroom, brick veneer dwellings, which offer spacious living in a central position. There are 4 carports for parking.
Two of the units need a renovation, the other 2 can be rented today. Rental income would be $400-$450 per week per unit.
This is one for the astute investor. Changes in govt legislation, makes this site one to grab, for those that are following the opportunites that have presented themselves for investors post changes.
Call Wendy Thornberry at Elders on Egerton today to arrange your viewing and don't miss out.


Type
Block Of Units
Bedrooms
8
Bathrooms
4
Parkings
4

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