SOLD
Sold on 10 Nov 2023 for $1,150,000

420 Southport-Nerang Road
Ashmore QLD 4214

Bedrooms: -
Bathrooms: -
Car spaces: 7
Land area: 722m2
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Property Details for 420 Southport-Nerang Rd, Ashmore

Building Type
Commercial
Land Size
722m2
Local Government
Gold Coast City
Lot/Plan
1/RP150863

Last Listing description (November 2023)

722 sqm site with 21m frontage
Prime position with great exposure
Surrounded by national businesses

2 storey freehold building
Currently occupying modern hair salon
Redevelopment options

A unique opportunity to secure a building in a prime commercial location.

- Business-friendly Position
- Modern Fit Out over 2 Levels
- Car Parking for 7 Cars
- 722sqm Freehold Land
- RD3 (1 Dwelling/250sqm)
- Medium Density Residential
- 21.2m of Street Frontage and Exposure to Passing Traffic

Property Description:
A unique opportunity to secure a building in prime commercial location, strategically located on the fringe of Ashmore, close to shopping precincts, public transport, sporting and leisure amenities and health care services.

The property is offered with vacant possession. Currently improved with 2 storey building which has accommodated a successful hair salon business for over 20 years.

Prime exposure position on Southport Nerang Road. A business-friendly site, favourably next door to major commercial tenancies providing scope for a range of business and investment opportunities.

Location:
Located within the central Gold Coast suburb, Ashmore. The site is close to public transport, retail shops, restaurants, cafe's, and health care service.

Zoning:
Zone/Precinct: Medium Density Residential
2 storey freehold building
Height 2 storeys & 9m
Density: RD3 (1 dwelling/250 sqm)

Easy Access on/off Southport Nerang R with Car Parking for 7 cars.
The property also has Solar roof panels installed.

For Sale by Negotiation - Asking $1,600,000

Contact - Mason Kidman
0402 125 782

www.gvpropertygroup.com

Property History for 420 Southport-Nerang Rd, Ashmore, QLD 4214

A timeline of how this property has performed in the market
Last Sold
$1,150,000
10 Nov 2023
  • 10 Nov 2023
    Sold for $1,150,000
  • 08 Mar 2022
    Listed for Sale $1,600,000
  • 12 Oct 2017
    Listed for Sale $1,350,000
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About Ashmore 4214

The size of Ashmore is approximately 6.8 square kilometres. It has 27 parks covering nearly 9.6% of total area. The population of Ashmore in 2011 was 11,586 people. By 2016 the population was 11,875 showing a population growth of 2.5% in the area during that time. The predominant age group in Ashmore is 40-49 years. Households in Ashmore are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ashmore work in a professional occupation. In 2011, 69.1% of the homes in Ashmore were owner-occupied compared with 68.2% in 2016.

Ashmore has 5,537 properties. Over the last 5 years, Houses in Ashmore have seen a 82.80% increase in median value, while Units have seen a 91.64% increase. As at 31 October 2024:

  • The median value for Houses in Ashmore is $1,144,418 while the median value for Units is $601,014.
  • Houses have a median rent of $800 while Units have a median rent of $720.
There are currently 54 properties listed for sale, and 11 properties listed for rent in Ashmore on OnTheHouse. According to CoreLogic's data, 232 properties were sold in the past 12 months in Ashmore.

Suburb Insights for Ashmore 4214

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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.