1/9 Martin St, Nerang is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1995. The property has a land size of 149m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in July 1995.
This quaint 2-bedroom, 1-bathroom unit located in Nerang which is fast becoming the central highlight of the Gold Coast with its ease to access the Highway to travel North or South. Currently an ideal investment with a return of $480 per week until August 2024 or the opportunity to jump into the booming market for the first-time homebuyers.This property features a private entrance with a small deck, ideal for enjoying morning refreshments. Positioned at the front of the complex, it offers inherent privacy. Upon entrance to the property, an open living and dining space welcomes you, delineated by an island bench separating it from the kitchen. It is conceivable to further enhance the spaciousness with potential to create an open plan space with some improvements.The main bedroom and second room are partitioned by a spacious main bathroom.Additionally, the garage provides plentiful space for both a vehicle and storage. With much potential for modernization and renovation, this property presents as a blank canvas in prime location.This property is currently tenanted until August this year for $480 per week. Inspections can be arranged by private viewing or we look forward to meeting you at our next open for inspection.
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 105.14% increase in median value, while Units have seen a 104.20% increase. As at 31 August 2024:
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