SOLD
Sold on 09 Oct 2024 for $1,250,000

1/34 Lawrence Drive
Nerang QLD 4211

Bedrooms: -
Bathrooms: -
Car spaces: -
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Property Details for 1/34 Lawrence Dr, Nerang

Building Type
Commercial
Year Built
1984
Local Government
Gold Coast City
Lot/Plan
1/BUP12976

Last Listing description (October 2021)

Highly Visible Showroom/Warehouse

- 220sqm* high clearance showroom/warehouse
- Great exposure fronting busy Lawrence Drive
- Additional 25sqm mezzanine storage**

- Includes office/reception
- Industrial height roller door
- 3 phase power
- Amenities plus kitchenette
- Six exclusive use car parks
- Prominent signage opportunities

Nerang is a sprawling commercial/retail hub located in the central Gold Coast region, hosting many major national and international businesses. The location allows for a quick convenient access to the M1 Pacific Motorway.

*Approximately
**Mezzanine may or may not be approved

Property History for 1/34 Lawrence Dr, Nerang, QLD 4211

A timeline of how this property has performed in the market
Last Sold
$1,250,000
09 Oct 2024
  • 21 Aug 2021
    Listed for Rent - Price not available
  • 09 Jun 2020
    Listed for Sale Contact Exclusive Agent

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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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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.