SOLD
Sold on 24 Apr 2024 for $250,000

11/5-7 Lavelle Street
Nerang QLD 4211

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 99m2
Land area: 33m2
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Property Details for 11/5-7 Lavelle St, Nerang

Building Type
Commercial
Year Built
1985
Floor Size
99m2
Land Size
33m2
Local Government
Gold Coast City
Lot/Plan
11/BUP6746

Last Listing description (July 2024)

A very neat 37 sqm approx. office space in trendy Lavelle St Nerang - Fully Furnished

Completely refurbished with the floors brought back to polished concrete/river stone

Fully ducted air conditioning

Kitchen with refrigerator-ice maker
Extensive cabinetry, touch doors and drawers
Modern/themed lighting and data
Picture indicative of original fit-out. Options are available
Currently set-up for a retail offering but can be converted back to open plan

Available long or short term. This is an opportunity for start up or established consultancies to relocate hassle free.

Contact the Local GCCRE agents
Keith Twist 0416 269 753
Jo Bailey-Green 0483 824 696

Property History for 11/5-7 Lavelle St, Nerang, QLD 4211

A timeline of how this property has performed in the market
Last Sold
$250,000
24 Apr 2024
Listed for Rent
$287/w
02 Jul 2024
  • 24 Apr 2024
    Sold for $250,000
  • 17 Oct 2023
    Listed for Rent - Price not available
  • 24 Oct 2022
    Listed 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 7,569 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 72 properties listed for sale, and 35 properties listed for rent in Nerang on OnTheHouse. According to CoreLogic's data, 317 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.