OFF MARKET

40 Riverview Road
Nerang QLD 4211

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 175m2
Land area: 564m2
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Property Details for 40 Riverview Rd, Nerang

40 Riverview Rd, Nerang is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 1978. The property has a land size of 564m2 and floor size of 175m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
House
Year Built
1978
Floor Size
175m2
Land Size
564m2
Local Government
Gold Coast City
Lot/Plan
16/RP96050

Last Listing description (November 2023)

Welcome to your new home where comfort, versatility, and potential combine harmoniously. This dual living property requires some work but offers an incredible opportunity for you to create your dream space, whether you're seeking a multigenerational setup, an income-generating rental, or a versatile living arrangement. With a total of 5 bedrooms, 2 bathrooms, and abundant living areas, this property provides the canvas for your unique vision. Listing price to reflect being sold 'as is' ready for your updates!Main Features:Downstairs Private Entry Home:2 bedrooms with ample natural lightInviting lounge and dining area for relaxation and gatheringsWell-appointed bathroom offering convenienceFully separate kitchen for culinary creationsAir-conditioning & fansMPR = multi-purpose room: - perfect as a 3rd bedroom or fabulous garden-facing officeOutside Entertaining Area:Enjoy outdoor living in style and comfortIdeal space for barbecues, social gatherings, and peaceful relaxationUpstairs Private Retreat:Private entrance for a sense of exclusivity3 bedrooms offering flexibility for family, guests, or home officeWell-maintained bathroom with a separate toiletLounge area providing a cozy space for relaxationAir-conditioning & fansKitchen diner with a view overlooking a vast deck - perfect for breakfast with a viewGarden Oasis:A lush, green garden shared by the entire householdSpace for gardening, play, or simply unwinding in nature's embraceConvenient Parking:Shared carport accommodating 2 cars, shielding them from the elementsAmple off-street parking available for residents and guestsUnleash Your Imagination:While this property requires some work and minor renovations, it presents an incredible opportunity for you to shape it according to your preferences. Whether you're a visionary looking to make your mark or a savvy investor ready to transform this diamond in the rough, the possibilities are truly endless.Currently Leased:Upstairs: Periodic lease @ $400pw (new appraisal $580 - $630PW)Downstairs: Until 11th Feb 2024 @ $380pw (new appraisal $500 - $550pw)Rates: Approx. $1,150 Bi-annuallyWater: Approx. $420pqLocation:Nestled in a desirable neighborhood, this property offers a convenient blend of tranquility and accessibility. Close to essential amenities, schools, parks, and transportation, you'll find everything you need just a stone's throw away.Don't miss out on this chance to create the living space you've always envisioned. Embrace the potential, embrace the future schedule a viewing today!Contact us at [phone number] or [email address] to arrange a private tour and explore the boundless possibilities of this remarkable dual living property. Don't delay, your dream lifestyle awaits!

Property History for 40 Riverview Rd, Nerang, QLD 4211

A timeline of how this property has performed in the market
Last Sold
$791,000
12 Sep 2023
Listed for Rent
$390/w
11 Dec 2015
  • 12 Sep 2023
    Sold for $791,000
  • 30 Aug 2023
    Listed for Sale $749,000-$799,000
  • 03 Apr 2019
    Listed for Rent $360 / 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 67 properties listed for sale, and 36 properties listed for rent in Nerang on OnTheHouse. According to CoreLogic's data, 321 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.