OFF MARKET

1/5 The Criterion
Nerang QLD 4211

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 142m2
Land area: 144m2
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Last updated 11 Nov 2024
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Property Details for 1/5 The Criterion, Nerang

1/5 The Criterion, Nerang is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1985. The property has a land size of 144m2 and floor size of 142m2. While the property is not currently for sale or for rent, it was last sold in September 2020.

Building Type
House
Year Built
1985
Floor Size
142m2
Land Size
144m2
Local Government
Gold Coast City
Lot/Plan
1/SP236704

Last Listing description (December 2020)

Unique Property – Dual Living Potential – No Body Corporate

This solid two storey home, recently renovated, is in a top location with the highly sought-after benefit of potential dual living already set up. Positioned in a private and quiet Cul-de-sac, the property rests under the cool breeze of the trees in Nerang. It is only a few minutes to the M1 that cannot be heard, and close to Nerang train station, services and amenities.

The property sits in an elevated position, the lower level tucked into the bank with a custom-made drainage system installation with no expenses spared that extends around the whole house. The home, and the gardens have been meticulously taken care of. Practical additions in detail has created a home that boasts a solid foundation you can feel.

New high quality appliances and additions to the home include:

• air-conditioner
• dishwasher
• downstairs oven
• newly-laid step landing
• security screens and doors for the whole house.

On a generous 900sqm block the house shares the land under a strata title insurance scheme with no body corporate fees. It’s a place you can call home, or treat as investment that had longstanding tenants and a rental return of $485+ per week.

The home is low maintenance with a calming, open feel and plenty of natural light, it has been continually loved to maintain its beautiful presentation.

There are two-bedrooms upstairs; and a large storage space downstairs that has been utilised as a dual living one bedroom setup, self-contained space. Great for sharing this investment, or for a growing/extended family to live in all together.

PROPERTY FEATURES:

Generously sized main bedroom and bedrooms – see floorplan provided.

UPSTAIRS
The upstairs area is fully carpeted with ceiling fans and new air conditioning unit.

• Galley style kitchen with polished timber floor and dishwasher
• Two roomy bedrooms with ceiling fans
• Open plan, carpeted, dining and living area with ceiling fan
• Air conditioning in the living areas
• Bathroom with shower over bath

DOWNSTAIRS
The downstairs area is potentially dual living fully tiled with ceiling fan, and separate access through a lovely courtyard or back door.

• One well-sized storage space with ceiling fan
• Well equipped second kitchen with new oven
• Bathroom with separate toilet
• Private use courtyard

GROUNDS
• Sail shade covering 2 car spaces with potential to install 2 car lockup garage
• The tropical outlook gardens have been professionally landscaped with little upkeep
required.

CONVENIENT LOCATION
Nearby to shopping centres, local schools and industrial park and services.
Central to access to all highlights of the Gold Coast.
This is a prime opportunity to own a home that is also an investment – value for your dollar with the practical extras already being completed. This is simple living – rest, play, and live that lifestyle you deserve.

Inspection is a must to appreciate all that is on offer!

Disclaimer:
RE/MAX use best practice standards in accordance with the latest Government recommendations to help stop the spread of COVID-19. Please inspect our properties with confidence.
Further, 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 History for 1/5 The Criterion, Nerang, QLD 4211

A timeline of how this property has performed in the market
Last Sold
$417,500
13 Sep 2020
Listed for Rent
$395/w
03 Jul 2020
  • 13 Sep 2020
    Sold for $417,500
  • 09 Jun 2020
    Listed for Rent $395 / week
  • 01 Aug 2019
    Listed for Sale ALL SERIOUS OFFERS CONSIDERED
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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 7,569 properties. Over the last 5 years, Houses in Nerang have seen a 99.80% increase in median value, while Units have seen a 102.63% increase. As at 31 October 2024:

  • The median value for Houses in Nerang is $913,136 while the median value for Units is $635,709.
  • Houses have a median rent of $750 while Units have a median rent of $590.
There are currently 71 properties listed for sale, and 35 properties listed for rent in Nerang on OnTheHouse. According to CoreLogic's data, 318 properties were sold in the past 12 months in Nerang.

Suburb Insights for Nerang 4211

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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.