21/12-20 Lawrence Dr, Nerang is a bedroom, bathroom Unit with 1 parking spaces and was built in 1984. The property has a land size of 498m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other bedroom Unit sold in Nerang in the last 12 months.
SOLID NET RETURN INVESTMENT!
The property is 228m2 on the ground floor and has an extensive first floor administration office suite. The property is close to the M1, rail and Air links. This tenant has been in situ for over 22 years and has provided the extensive fit out at its own cost. With a solid net return this property has been priced to sell. Please contact the owners exclusive agent to obtain the property Information Memorandum or to inspect the property.
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 105.14% increase in median value, while Units have seen a 104.20% increase. As at 31 August 2024:
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