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9/23-29 Price Street
Nerang QLD 4211

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 90m2
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Business + Freehold in Premier Location

This profitable 78m2 retail business and freehold is fully fitted and ready for you to walk in and take it over. Perfectly located in the center of Nerang, adjacent to a busy intersection and next to other busy shops such as Subway and a hair salon. Currently only operating 6 evenings a week due to the owner being semi-retired.
This is the perfect opportunity and investment for a passionate entrepreneur and aspiring new business owner to take over an already established business with loyal and regular customers.
This restaurant is surrounded by multiple parking areas located at both the front and rear ends of the shop and is perfectly sized to sit approximately 40 customers.
If you are interested in learning more about this great business opportunity or are wanting a private inspection, please contact Norman Tang on 0413188981.
Disclaimer:
In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Property Details for 9/23-29 Price St, Nerang

Building Type
Commercial
Floor Size
90m2

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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 7,600 properties. Over the last 5 years, Houses in Nerang have seen a 87.31% increase in median value, while Units have seen a 106.79% increase. As at 30 November 2024:

  • The median value for Houses in Nerang is $915,465 while the median value for Units is $630,184.
  • Houses have a median rent of $750 while Units have a median rent of $580.
There are currently 61 properties listed for sale, and 34 properties listed for rent in Nerang on OnTheHouse. According to CoreLogic's data, 321 properties were sold in the past 12 months in Nerang.

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Norman Tang
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Astras Prestige Property
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