1/36 Weedons RoadNerang QLD 4211
Property Details for 1/36 Weedons Rd, Nerang
Last Listing description (July 2010)
Management Rights: PERMANENT MANAGEMENT RIGHTS, GOLD COAST
Regency Palms enjoys an elevated position in the Gold Coast hinterland with scenic mountain views. The complex is set in manicured landscaped gardens within an easy walk to public transport and schools while less than five minutes drive to retail shopping centres, medical, restaurants and banking etc.The 40 permanent Villas are easily managed on a 5 hour/day basis five days per week by two people.The spacious Managers Unit is spread over two levels with three built-in bedrooms (master with ensuite and private balcony), and main bathroom on the upper level, while the ground level occupies kitchen, dining, powder room and two separate living rooms. The adjoining courtyard is beautifully landscaped and fully fenced with direct access to a double lock-up garage. The reception consists of two separate rooms inter-connected to the managers unit on an exclusive use arrangement.The professionally designed landscaping is easily maintained and provides seclusion and privacy for residents. On site facilities include a resort style fully fenced swimming pool with sun lounging area and a separate BBQ pavilion.Managers Salary is $108,466 + GST (adjusted to CPI annually)Net Profit: $169,010 (Includes Body Corporate Remuneration) Contact Exclusive Agent: Ian DorePh: 0412 752 238Email: iandore@resortbrokers.com.au
Please Contact Ian Dore on 0412752238
Property History for 1/36 Weedons Rd, Nerang, QLD 4211
- 17 Apr 2024Sold for $600,000
- 26 Feb 2013Sold for $340,000
- 20 Jul 2010Listed for Rent - Price not available
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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.
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