2/29 Cotton StreetNerang QLD 4211
Property Details for 2/29 Cotton St, Nerang
2/29 Cotton St, Nerang is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2017. The property has a land size of 181m2 and floor size of 100m2.
Last Listing description (October 2021)
It's time to secure yourself a prosperous future with this outstanding investment opportunity. Perched in a prime growth corridor location and with a commanding street presence, this attractive boutique-style, modern townhouse is impeccably presented and ready to go.
A sterling development that produces above-average rental yields, Situated in a popular northern suburb of Nerang that offers direct access to the M1, vacancy rates in this central location are zero, meaning there has never been a better time to invest on the Gold Coast than now.
Make sure you don't miss out on Gold Coast's buoyant and rapidly rising property market. Utilise the substantial rent to generate a healthy income while using capital depreciation to offset the modest overheads. For more information, contact Tara Wallis on 0488 160 605 today.
WHAT'S ON OFFER
3 bedroom modern townhouse with a double garage, master with ensuite, classy galley kitchen
Northern GC location and located in a prime growth corridor
Low maintenance investment, with a strong rental yield, modest overheads and low body corporate
Contact Tara today 0488 160 605
Property History for 2/29 Cotton St, Nerang, QLD 4211
- 12 Oct 2021Listed for Sale Offers over $475,000
- 11 Jan 2017Listed for Sale Not Disclosed
- 08 Nov 2016Listed 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 7,599 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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