FOR SALE
Offers Over $4,250,000

14 Spencer Road
Nerang QLD 4211

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1250m2
Land area: 1540m2
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Corner The Market M1 Exposure

Sonter Agency is proud to introduce via Auction sale 14 Spencer Road, Nerang. This blue chip corner block is a unique opportunity for those looking to occupy, re-develop or invest in prime industrial retail/bulky goods real estate. Situated on the corner of Spencer Road and Brendan Drive and directly facing the M1 this property ensures unparalleled exposure to over 200,000 cars daily.
Additional Features:
- 1,250m2* floor area
- 1,540 m2* total land area
- 29 Onsite car spaces
- Vacant possession
- Low impact industry zoning with approval for retail/bulky goods
Urgent seller meets the market
Contact Exclusive agents for an information memorandum.
Don't miss this rarely available opportunity to secure one of the best sites in Nerang. With its prime location and it's expansive space 14 Spencer Road is set to be in high demand. Act fast and position your business for success!
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Property Details for 14 Spencer Rd, Nerang

Building Type
Commercial
Floor Size
1250m2
Land Size
1540m2

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About Nerang 4211

The size of Nerang is approximately 35.9 square kilometres. It has 49 parks covering nearly 53.6% of total area. The population of Nerang in 2011 was 16,256 people. By 2016 the population was 16,872 showing a population growth of 3.8% in the area during that time. The predominant age group in Nerang is 40-49 years. Households in Nerang are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nerang work in a trades occupation. In 2011, 60% of the homes in Nerang were owner-occupied compared with 58% in 2016.

Nerang has 7,564 properties. Over the last 5 years, Houses in Nerang have seen a 100.02% increase in median value, while Units have seen a 94.50% increase. As at 30 September 2024:

  • The median value for Houses in Nerang is $912,861 while the median value for Units is $613,766.
  • Houses have a median rent of $740 while Units have a median rent of $600.
There are currently 73 properties listed for sale, and 30 properties listed for rent in Nerang on OnTheHouse. According to CoreLogic's data, 324 properties were sold in the past 12 months in Nerang.

Suburb Insights for Nerang 4211

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Kristoffer Sonter
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Mason Wilkinson
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RE/MAX Transact
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.