24 Hill Street, Emu Park

24 Hill Street, Emu Park

• 20 car spaces
• Approx 2021 Square metres

FULLY TENANTED COASTAL COMMERCIAL INVESTMENT – DEVELOPMENT UPSIDE

Prime commercial holdings of this calibre are exceptionally rare along the Capricorn Coast. Located in the very heart of Emu Park’s vibrant coastal village, 24–26 Hill Street offers investors the perfect balance of secure income today and significant redevelopment potential for tomorrow.

Set on a generous 2,021m² freehold corner site with dual street frontages of approximately 40m and 50m, the property comprises six tenancies over roughly 700m² of commercial space, plus off‑street parking for 20 vehicles.

The site is zoned Local Centre (Livingstone Shire Planning Scheme 2018), allowing for a 4‑storey height limit and generous site coverage—up to 80% for a development up to two storeys, and 50% for a development of three to four storeys (STCA).

Emu Park serves as the Capricorn Coast’s only other major commercial centre outside Yeppoon, drawing customers from a wide regional catchment. The nearby vibrant Emu Park Village Shopping Centre, anchored by Drakes Supermarket, café and specialty retailers, reinforces this thriving main street hub.

24-26 Hill Street has a diversified tenancy mix—including medical, legal, beauty, and boutique retail operators—the property delivers a secure gross income of approximately $161,828 per annum, with 5% annual rent increases and outgoings of roughly $24,500 per annum.

Key Features
- Premium corner position in the heart of Emu Park’s main street
- 2,021m² freehold site with strong street exposure
- Zoned Local Centre (Livingstone Shire Planning Scheme 2018)
- Height limit up to 4 storeys (STCA)
- Site cover: 80% up to two storeys, 50% for development to 4 storeys (STCA)
- Approx. 700m² existing commercial area, recently repainted exterior
- Off‑street parking for 20 vehicles
- Fully tenanted to six established tenants
- Current gross income: $161,828 p.a.
- 5% annual rent growth
- Proven tenant mix: medical, law firm, beauty, variety, and boutique retail
- High‑growth coastal location with expanding demand for retail, commercial, and accommodation uses

Perfectly positioned 20 minutes south of Yeppoon, 40 minutes from Rockhampton, and just a short ferry trip to Great Keppel Island, Emu Park is a long‑established and tightly held seaside community undergoing rapid population and tourism growth.

With major regional expansion forecast through to 2046, and the approach of the 2032 Olympics boosting demand for accommodation and amenities across Central Queensland, this is an exceptional opportunity to secure a high‑performing, future‑focused coastal investment.

INCOME TODAY. DEVELOPMENT TOMORROW.

Contact

Tim Regan | 0416 126 358 | [email protected]
Claudia Regan | 0493 033 633 | [email protected]

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