OFF MARKET

2 Riverview Road
Nerang QLD 4211

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 3m2
Land area: 4555m2
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Last updated 15 Jul 2024
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Property Details for 2 Riverview Rd, Nerang

Building Type
Commercial
Year Built
1995
Floor Size
3m2
Land Size
4555m2
Local Government
Gold Coast City
Lot/Plan
10/SP259383

Last Listing description (December 2022)

Experience GUARANTEED high returns from this 8 year old tri level townhouse, presenting as a new property, for the next two years!!
This is the perfect property for first time investors, or, a self managed superannuation fund purchase or to add to your existing portfolio. Literally a "set and forget" investment, the current rental return on this property is approximately $535 per week - $30 per week more than the average rent return in this complex, with excellent long term tenants.
The property itself features:

*Expansive living over three levels; three bedrooms, two bathrooms, double remote lock up garage - tandem style.
*Extra space in the garage for a work shop and large storage area, with the laundry on this level as well.
*Level One comprises a large open plan living/dining/kitchen area, opening out to a very private spacious balcony and courtyard garden, north facing and perfect for outdoor entertaining, plus an additional balcony facing south.
*The kitchen is fully equipped with modern stainless steel appliances, including a dishwasher and gas cooktop, with loads of pantry space!
*Level One is also fully air conditioned and there is a powder room on this level as well.
*Level two features a large airconditioned Master Bedroom with ensuite, and two additional queen size bedrooms adjoining the unique three way main bathroom, to each bedroom and the hallway.

The position of this townhouse home is perhaps its major attribute. Set only 2 mins drive away from virtually all amenities, translink train to Brisbane, surrounded by numerous sporting facilities and parks, close to a number of schools and only 1 minute to the M1, its hard to beat this location!!

For further information or to arrange a private inspections, CALL ME NOW!!!
DON'T DELAY!!! NRAS investment opportunities don't present themselves very often as owners generally only go to market if they have had a change in their personal circumstances, and due to the security, high returns and tax benefits the scheme offers.

Disclaimer:
The Floorplan featured in this advertisement is on the reverse for this particular property, and there is no courtyard on the ground level beyond the garage.
The photos in this advertisement whilst not of this particular property, are typical of all the townhouses in this complex,

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Property History for 2 Riverview Rd, Nerang, QLD 4211

A timeline of how this property has performed in the market
Last Sold
$7,500,000
10 Jan 2019
Listed for Rent
$6.16k/w
27 Nov 2020
  • 02 Jul 2022
    Listed for Sale Offers over $495,000
  • 06 Oct 2020
    Listed for Sale $2232 per month + o/g $694 + GST per month
  • 10 Dec 2019
    Listed for Sale Net Rent + Outs = $675 per week + GST
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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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