38 Baker Street
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About this property
Positioned in a superbly convenient location, this solid triplex presents an outstanding investment opportunity just moments from the heart of town. Enjoy the convenience of being within walking distance to The Village shopping centre, cafes, showgrounds and Emerald CBD, while also benefiting from close proximity to Emerald Hospital - making this an attractive option for long-term tenants. The property comprises three well-maintained units, each offering two bedrooms, one bathroom, privately fenced yards and a single carport. Built to last with low-maintenance besser block and brick construction, this complex represents true durability and ease of ownership. Each unit has been tastefully updated with modern kitchens and bathrooms, complemented by practical tiled flooring throughout, ensuring minimal ongoing upkeep. This is a true set-and-forget investment delivering immediate income. Returning approx. $1,170 per week, 38 Baker offers a strong potential yield of approx. 7.2%7.3%. This a genuinely rare chance to secure a high-performing asset in a fantastic location. Opportunities like this are tightly held and rarely available, so don't miss your chance to secure this pre-market offering before it's gone.
Property Details
- Property Type
- land
- Listing Type
- For Sale
- Bedrooms
- 6
- Bathrooms
- 3
- Parking
- 3
- Land Area
- 809 m²
- Listed
- 1 week ago
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Neighbourhood
Living in Emerald
This 6-bedroom land in Emerald, QLD 4720 sits within reach of local shops and nearby schools. It is listed 64% above the $489,000 median of 63 comparable landswithin 5 km.
Schools near Emerald
- Capricornia (Emerald Campus) School of Distance Educationcombined · Prep-12 · CoEd
- Emerald Christian Collegecombined · Prep-12 · CoEd
- Denison State Schoolprimary · Prep-6 · CoEd
- Emerald North State Schoolprimary · Prep-6 · CoEd
- Emerald State Schoolprimary · Prep-6 · CoEd
- St Brigid's Catholic Primary Schoolprimary · Prep-6 · CoEd
What's nearby
- Brown & Hurley — 3.1 km away
- Emerald Botanical Gardens — 2.2 km away
- Weemah Park — 2.7 km away
- Unnamed — 2.8 km away
Emerald at a glance
Full suburb profile- Population
- 14,904
- Median age
- 32
- Household income
- $2,202/wk
- Median rent
- $300/wk
- Median mortgage
- $1,647/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Emerald price trend
Median sold · House 4 bed
Compound growth +11.4% / yr over 4 yrs
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Full Emerald marketThis listing
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Price history
Listing price changes
1 price change recorded for this property
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