OFF MARKET

2/3 Kowhai Place
Nerang QLD 4211

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 114m2
Land area: 144m2
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Last updated 16 Dec 2024
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Property Details for 2/3 Kowhai Pl, Nerang

2/3 Kowhai Pl, Nerang is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 144m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
Unit
Year Built
2000
Floor Size
114m2
Land Size
144m2
Local Government
Gold Coast City
Lot/Plan
2/SP123894

Last Listing description (August 2023)

Incredible investment opportunity in the heart of Nerang not to be missed. This spacious three-bedroom duplex has great long term tenants in place currently paying $580 per week until the 20th of August 2024. With no body corporate fees and just a shared building insurance premium of approximately $650 per annum, this duplex would be a solid addition to any investment portfolio. Please ensure your attendance at the open home before it's sold!

This Property Also Includes;
Three good size bedrooms all with built in storage provided

Ensuited master bedroom with walk through robe downstairs
Separate laundry and toilet downstairs for added convenience
Functional chef kitchen with plenty of cupboard space
Under stair storage and single lock up garaging providing internal access to the home
Air-conditioned open plan living space extending to a fully enclosed outdoor entertaining area
Wired for cable TV with security screens for added peace of mind
Side access to the low maintenance block with well establish gardens

Long term tenants in place currently paying $580 per week until the 20th of August 2024
Annual building insurance premium of approximately $650
Current rental appraisal of approximately $650 per week
Annual council rates charges of approximately $2,300
Annual council water charges of approximately $2,000

Private cul de sac positioning in a very central Nerang location providing ease of access to the M1, local Nerang Parklands and St Brigid's Primary School. To arrange your private viewing of this stunning home please contact Michael Folkard from LJ Hooker today.

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Property History for 2/3 Kowhai Pl, Nerang, QLD 4211

A timeline of how this property has performed in the market
Last Sold
$610,000
07 Jun 2023
Listed for Rent
$450/w
03 Aug 2020
  • 07 Jun 2023
    Sold for $610,000
  • 30 May 2023
    Listed for Sale Offers Over $550,000
  • 28 Jul 2020
    Listed for Rent $450 / week
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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 7,600 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 61 properties listed for sale, and 34 properties listed for rent in Nerang on OnTheHouse. According to CoreLogic's data, 321 properties were sold in the past 12 months in Nerang.

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