OFF MARKET

24/86 Lawrence Drive
Nerang QLD 4211

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 79m2
Land area: 77m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 4 Nov 2024
Low

High
Save

Property Details for 24/86 Lawrence Dr, Nerang

24/86 Lawrence Dr, Nerang is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1984. The property has a land size of 77m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
Unit
Year Built
1984
Floor Size
79m2
Land Size
77m2
Local Government
Gold Coast City
Lot/Plan
12/BUP6428

Last Listing description (August 2023)

Nestled within the well-maintained Palm Grove Village, this spacious ground floor apartment presents an excellent opportunity for first-time investors, downsizers, or new families seeking a spacious and versatile 2-bedroom residence. The sturdy brick construction provides durability and longevity, while the generously sized living area offers ample space for relaxation or entertainment, which opens up to a private covered patio, perfect for enjoying the outdoors.

The large kitchen is equipped with plenty of bench space and cupboards, providing an abundance of storage options. For added convenience, the property also includes a single lock-up garage, ensuring secure parking for your vehicle.

Situated in a highly accessible location, the apartment is conveniently close to public transportation, with a bus stop located right outside the village, and the Nerang train station only a 2-minute stroll away. During the warmer months, residents can take advantage of the pool, providing the perfect setting for a refreshing dip.

With the added security of a gated community, you'll feel right at home in this charming ground floor apartment, which presents an excellent opportunity for renovators to create their dream home.

- Solid brick construction
- Functional kitchen with electric appliances.
- Two-way bathroom between bedrooms (en-suite)
- Single lock-up carport.
- Located in the quietest, reach of the complex.
- Swimming pool.
- Rental appraisal: $450-480/week.
- Currently leased until 11th July 2023.

With an incredible potential to improve this investment, reasonable body corporate fees and an outstanding central location - this rare gem will not last long. Please contact Alex on 0432 552 209 to secure your future today!

Disclaimer: We have in preparing this information used our best endeavors to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective vendors, purchasers & tenants should make their own enquiries to verify the information contained herein.

Property History for 24/86 Lawrence Dr, Nerang, QLD 4211

A timeline of how this property has performed in the market
Last Sold
$440,000
29 May 2023
Listed for Rent
$310/w
26 May 2016
  • 29 May 2023
    Sold for $440,000
  • 24 Apr 2023
    Listed for Sale Not Disclosed
  • 12 May 2016
    Listed for Rent $310 / week
Sign in to see more transactions

Commute Calculator

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 7,569 properties. Over the last 5 years, Houses in Nerang have seen a 99.80% increase in median value, while Units have seen a 102.63% increase. As at 31 October 2024:

  • The median value for Houses in Nerang is $913,136 while the median value for Units is $635,709.
  • Houses have a median rent of $750 while Units have a median rent of $590.
There are currently 68 properties listed for sale, and 31 properties listed for rent in Nerang on OnTheHouse. According to CoreLogic's data, 318 properties were sold in the past 12 months in Nerang.

Suburb Insights for Nerang 4211

Market Insights
Nerang Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Nerang Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.