Price:
Auction
Property Status:
Sold
Property Type:
House
Suburb:
Nerang
Auction Date:
20th January
Auction Time:
11:00 AM
Whether you’re an investor, builder, developer or simply looking to buy a property for you and your extended family, this is an amazing opportunity.
Situated in one of the most central and accessible suburbs on the Gold Coast, Nerang is recognised as currently undervalued with huge prospects for capital growth in the years to come. In fact, Canstar rated Nerang number five in its 10 best suburbs in regional Queensland to invest in 2023.
This property however, has even more to offer.
If you are looking for land content, you will appreciate this 823m2 block of prime land, taking up a commanding position with nearly 60metres of street frontage.
The existing highest home was originally built in 1985 but has been renovated to a very comfortable standard. Comprising 3 bedrooms, with 2 bathrooms, a double lock up garage and lovely balcony seating, this is a lovely family home. Similarly, it is an ideal investment property with quality tenants currently in place. In addition, you also have a fully self-contained, fully renovated 2-bedroom granny flat that is completely separate. And that too is rented out – one property two great rental incomes!
It gets even better however;
This property has a DA approval for a CTS Subdivision. What does this mean you ask? Well, when you buy this property as is, you can build a brand new two story home right next door.
You can then keep all three or sell one or both or…
From an investment perspective it’s fabulous. If however, you’re looking for two or three homes to bring the family together this is ideal. Mum and dad live in one, you in the other and perhaps the kids can take the granny flat…. Options equal opportunity and opportunity creates generational wealth. This could even be one to landbank.
The current zoning has this site as a residential property. Look around it however and consider the potential opportunity. Could you get this rezoned for commercial use or even have it approved for townhouses?
This property must be sold within the next couple of weeks. Act now and secure a prosperous financial future.
Prime Central Location
Nerang is truly spoilt, with the Gold Coast’s beaches to the east and the stunning Hinterland to the west. Surrounded by the beautiful Nerang River, which is popular among locals that love picnics, boating and fishing. Offering a range of activities and featuring a platform at Arthur Earle Park, allowing direct access to the river, the lifestyle is simply unmatched. Located just 10km from world famous Surfers Paradise, this position is hard to beat.
With a range of living options, from townhouses to large free-standing houses and acreage properties, Nerang welcomes couples, families and individuals alike.
Nerang is home to Hinze Dam and benefits from its recreational facilities and state of the art interpretive centre, including access to horse riding trails, walking and bike tracks, a mountain bike park and a competition level velodrome.
Surrounded by undulating native areas and large rural properties, Nerang residents enjoy outdoor living, with easy access to a range of existing infrastructures, amenities and all the Gold Coast has to offer!
Telephone Number: 0491 111 939
Email Address: lauren.mahon@m-motion.com.au
Telephone Number: 0414 275 272
Email Address: michael@m-motion.com.au
