OFF MARKET

3/17 The Locale
Nerang QLD 4211

Bedrooms: 6
Bathrooms: 2
Car spaces: 4
Floor area: 168m2
Land area: 187m2
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Last updated 11 Nov 2024
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Property Details for 3/17 The Locale, Nerang

3/17 The Locale, Nerang is a 6 bedroom, 2 bathroom House with 4 parking spaces and was built in 1985. The property has a land size of 187m2 and floor size of 168m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
House
Year Built
1985
Floor Size
168m2
Land Size
187m2
Local Government
Gold Coast City
Lot/Plan
3/SP231664

Last Listing description (November 2023)

Nestled within the serene surroundings of The Locale in Nerang on approx. 516m2, this exceptional home presents a unique opportunity for multi-living at its finest.

Boasting an expansive layout spanning across six generously sized bedrooms, two well-equipped kitchens, two modern bathrooms, and the added convenience of four dedicated car spaces, this residence redefines comfort and functionality.

Key Features:

* 6 Bedrooms: This property offers an abundance of space, featuring six well-appointed bedrooms that provide ample room for both family members and guests. 3 bedrooms are on the upstairs level. 3 bedrooms downstairs.

* A defining feature is the multi living design, seamlessly accommodating extended families or offering the possibility of separate living quarters for added privacy.

* 2 Fully-equipped kitchens (One upstairs, the 2nd in the lower level area)

* 2 Modern bathrooms, this property caters to various living arrangements.

Convenient Parking: With a total of four designated car spaces, parking is never a concern for residents or their guests. This abundance of parking spaces ensures convenience and ease for all occupants.

A vast balcony with Surfers Paradise views from the front!
Hinterland views from the upstairs kitchen!

Private garden to the side of the house and own covered outdoor entertaining area.

Rental Income & Potential:
Currently, the property is generating a rental income of $760 per week with a new proposed rental appraisal of $900 - $950pw, making it a very attractive investment opportunity.

The multi-living layout and prime location contribute to its strong rental demand but perfect for large families who wish to move in.....

Modern Comforts: Stay cool during the warmer months with the inclusion of air-conditioning and ceiling fans to create the ideal indoor environment for relaxation and enjoyment.

Outdoor Oasis: Residents of 3/17 The Locale enjoy shared access to a refreshing pool that is shared among only two other properties within the block. This inviting pool area provides the perfect retreat to unwind, socialize, and bask in the Queensland sun.

Nestled within The Locale, this property enjoys a peaceful neighborhood ambiance while remaining conveniently close to essential amenities. Whether you're looking for an exceptional investment opportunity or seeking a spacious home that accommodates various living arrangements, this property stands as a testament to versatile living.

Solar - Hot Water

Associated costs:
Bodycorp approx. $62pw
Rates approx. $1,200 bi-annually
Water: $470 pq

Seize the chance to own a property that offers both size and substance. Please attend one of our open home as advertised.

Property History for 3/17 The Locale, Nerang, QLD 4211

A timeline of how this property has performed in the market
Last Sold
$790,000
26 Sep 2023
Listed for Rent
$660/w
31 Dec 2019
  • 26 Sep 2023
    Sold for $790,000
  • 30 Aug 2023
    Listed for Sale Expressions of Interest
  • 20 Dec 2019
    Listed for Rent $660 / 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 7,569 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 71 properties listed for sale, and 35 properties listed for rent in Nerang on OnTheHouse. According to CoreLogic's data, 317 properties were sold in the past 12 months in Nerang.

Suburb Insights for Nerang 4211

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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.