1/8 Martin StreetNerang QLD 4211
Property Details for 1/8 Martin St, Nerang
1/8 Martin St, Nerang is a 3 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1985. The property has a land size of 48m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in September 2020.
Last Listing description (October 2020)
Summer is teasing us and here is a 3 bed townhouse (or 2 bed + study), with a renovated kitchen and bathroom, which is ideal for first home buyers, investors and clever buyers, which sits a complex of only four, with very low body corporate fees ($16 per week), a huge outdoor entertaining area and has its own private swimming pool. Need I say more? I'll let the pictures do the rest of the talking here.
Close to schools, shops, 15 minutes to Broadbeach, Metricon Stadium and the motorway, the position is the icing on the cake.
HIGHLIGHTS:
First townhouse in the complex
Private swimming pool
Huge outdoor area with fire pit and undercover entertaining
Only 4 townhouses in the complex
3 bedrooms (or 2 bed + study)
Renovated kitchen
Solar hot water
High rental yield and low body corporate fee of $16 per week
Cathedral ceilings upstairs
Close to shops, schools, restaurants, the M1 and the hinterland
New fans
Landscaped garden
Freshly painted
Room to improve if you like to renovate
BEDROOMS: - Master bedroom, as well bedrooms 2 and 3 with built in robes. Cathedral ceilings upstairs.
OUTDOORS: - Huge undercover entertaining area with access to garage, as well as the fire pit area, landscaped garden and private swimming pool.
BATHROOMS - Bathroom is upstairs with shower, vanity, bath and toilet
KITCHEN: - Renovated kitchen with plenty of storage
LIVING: - Spacious living which flows from both the outdoor and kitchen
POTENTIAL INCOME:
$ 395- $435 per week for the whole townhouse
OUTGOINGS:
Body corporate: $16 per week
Water rates: $450 per quarter (approx.)
Council rates: $750 per quarter (approx.)
DISTANCES:
Bus Stop - 150 m
Local Shopping Centre - 300 m
Major Shopping Centre - 1.6 km
Primary School - 800 m
High School - 2.3 km
Parkland - 60 m
Highway - 800 m
Train Station - 3.1 km
Beach - 11.5 km
Hospital - 7.9 km
Property History for 1/8 Martin St, Nerang, QLD 4211
- 07 Sep 2020Sold for $377,000
- 03 Sep 2020Listed for Sale UNDER CONTRACT
- 05 May 2018Sold for $347,000
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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 7,599 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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