10/5-7 Lavelle StreetNerang QLD 4211
Property Details for 10/5-7 Lavelle St, Nerang
Last Listing description (August 2024)
Located at 10 /5-7 Lavelle St, this unit offers an investment opportunity in a highly sought after area.
At 37sqm this space presents perfectly for a variety of medical or consulting practices or general office space.
Currently tenanted by Belle Casa, a local and successful interior design business whose lease runs until the end of September this year with a further year option available to them.
With ample car parking space and a convenient location, this property is sure to attract a range of potential buyers.
Don't miss out on this chance to own a property in a sought-after area.
Contact us today to arrange a viewing and secure this fantastic opportunity for yourself.
Keith Twist 0416 269 753 or Steve O'Connell 0455 044 813
Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.
Property History for 10/5-7 Lavelle St, Nerang, QLD 4211
- 12 Jun 2024Sold for $250,000
- 23 Apr 2024Listed for Sale Please ask Agents
- 04 Aug 2022Listed for Rent $18,000 / year
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0About 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 105.14% increase in median value, while Units have seen a 104.20% increase. As at 31 August 2024:
- The median value for Houses in Nerang is $931,887 while the median value for Units is $633,038.
- Houses have a median rent of $730 while Units have a median rent of $600.
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