26 Desgrand Street, Emerald QLD 4720

4 bed on 899m² lot | Tenanted until 2026 | Walk to local tavern | Gross yield ~5.4% This property presents a stable, income-producing house in a consistent residential setting. Its competitive strength lies in the secured tenancy with a near three-year term, providing immediate cash flow and reducing vacancy risk for an investor. The lot size is typical for the street, offering standard suburban utility. This house serves best as a straightforward investment hold, targeting buyers seeking a hands-off entry into the Emerald market with a known income profile. The primary risk is the single bathroom for a four-bedroom house, which may constrain future rental appeal and capital growth relative to more modern configurations. The upcoming potential for a rent review in late 2026 presents a logical opportunity to align income with market rates. Given its alignment with suburb medians and the secured tenancy, the rational position is to acquire for hold, leveraging the current yield while acknowledging its functional limitations within the segment. A recent sale at 3 Desgrand Street, a comparable four-bedroom house on a similar lot, achieved $593,000. This transaction, approximately 10% above the subject’s list price, reflects a premium likely attributable to its second bathroom and additional car space. It indicates the subject property is positioned at a more accessible entry point within its immediate locale, consistent with its simpler configuration.