EMERALD QLD - 12 BED HOUSE ON ACREAGE $1.8M - 50% CTCN

7 & 7A SULLIVAN ST - EMERALD QLD

7A Sullivan Street is cleared vacant land located next door to the “Illoura Emerald” apartments.

7 Sullivan street includes a decommissioned 12- bedroom, 2-bathroom, 2-kitchen residential accommodation flat building once owned and operated by Queensland Rail. The internal fit-out is to the original 1970’s style with exception of the fitted wall mounted air conditioning units. The building is high-set, with aluminium framed and louvre windows, hardiplank external walls with a corrugated metal roof. Underneath the house is space for 4 cars. The property is next door to “Stay on Sullivan” motel.

With neighbouring properties being high density residential living, with “stay on Sullivan” Motel with 100 units and “Illoura Emerald” with 49 townhouse units, the most probably highest and best use for the subject property would be also some sort of high-density accommodation.

Emerald is a thriving rural service centre with a rural training college, a large number of farm machinery sales outlets, a huge irrigation dam and an airport. Established in 1879 as the base for the railway line, it has slowly grown to be the major regional centre of the Central Highlands and the gateway to the Central Western district. Emerald is located 270 km west of Rockhampton and 878 km north west of Brisbane via Rockhampton.

We have this excellent property with huge potential available priced at $1.8M with the seller accepting $900,000 cash + T$900,000 ( 50%) Contracoin CTCN Tokens..

There is a valuation available that shows the properties are valued at $1.91M