OFF MARKET

16/10 Riverview Road
Nerang QLD 4211

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 102m2
Land area: 185m2
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Property Details for 16/10 Riverview Rd, Nerang

16/10 Riverview Rd, Nerang is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2015. The property has a land size of 185m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
Unit
Year Built
2015
Floor Size
102m2
Land Size
185m2
Local Government
Gold Coast City
Lot/Plan
16/SP259402

Last Listing description (August 2022)

INVESTMENT PROPERTY PURCHASE ONLY!!!
Don't miss this unique opportunity to secure a high quality, three level, low maintenance Terrace Home, with a return that is not only guaranteed, but is considerably higher than the average rental return on todays market!!!
Only 6 years old, this beautiful Terrace exudes appeal, due to the high quality of finishes throughout the property, and its unique design.

Featuring:
* Three levels of living, starting with a massive tandem style remote double lock up garage at ground level, encompassing a laundry and additional area for storage or a workshop, plus storage cupboard.
* Fully fenced private courtyard, also on ground level, accessed from the rear of the garage
*Up one level to the huge air conditioned open plan living area, kitchen and dining, all opening out to a large north facing balcony, perfect for entertaining, and an additional south facing balcony, There is also a powder room on this level.
*Up to the minute modern kitchen, fitted with stainless steel appliances, including dishwasher and Gas Cooktop, plus large pantry
* Level two features a large Master Bedroom with ensuite and air conditioning, two additional queen size bedrooms and three way main bathroom.
* Low Body Corporate and Excellent On Site Management
The current tenants in this property don't want to leave for very good reason - they are excellent tenants and present the property as their own home.
*The guarantees in place with this property ensure a return which calculates at approximately $515 per week !!!

THIS IS YOUR PERFECT SET AND FORGET INVESTMENT to add to or start your portfolio!!!
Also ideal for a SMSF purchase!!!
Just sit back and enjoy the increasing returns and capital growth this incredibly central location is experiencing right now, as the Gold Coast continues to exceed all expectations during this time of high demand.

For further information or to book a private inspection, Call Me Now!!!
Please note: the floor plan provided is true and correct for this particular property, but on the reverse.

Property History for 16/10 Riverview Rd, Nerang, QLD 4211

A timeline of how this property has performed in the market
Last Sold
$585,150
29 Oct 2023
  • 29 Oct 2023
    Sold for $585,150
  • 16 Oct 2021
    Sold for $440,000
  • 20 Sep 2021
    Listed for Sale Offers over $410,000
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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.
There are currently 63 properties listed for sale, and 31 properties listed for rent in Nerang on OnTheHouse. According to CoreLogic's data, 327 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.