FOR SALE
Expressions of Interest

42 Mortensen Road
Nerang QLD 4211

Bedrooms: 6
Bathrooms: 6
Car spaces: 7
Land area: 809m2
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Unique Investment Opportunity!

Welcome to your ideal independent living and investment venture! This extraordinary property presents an unbeatable opportunity for savvy investors looking to secure a stable income stream. Featuring a prime location and thoughtfully designed layout, this property promises great potential for a rewarding future.
Key Features:
� Council approved community residence ideally suited for NDIS participants
� 6 bedrooms (4 ensuites)
� Carers quarters & staff lounge
� Community kitchen
� Spacious resident areas
� Laundry facilities
� Wifi
� High rental return
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Property Details for 42 Mortensen Rd, Nerang

42 Mortensen Rd, Nerang is a 6 bedroom, 6 bathroom House with 7 parking spaces. The property has a land size of 809m2. The place is currently for sale with LJ Hooker Nerang.

Building Type
House
Land Size
809m2

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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 7,554 properties.

    There are currently 82 properties listed for sale, and 25 properties listed for rent in Nerang on OnTheHouse. According to CoreLogic's data, 341 properties were sold in the past 12 months in Nerang.

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    Jane Doogan
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    Dean Mcmurtrie
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    LJ Hooker Nerang
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