SOLD
Sold on 12 Mar 2024 for $390,000

5/18 Ferry Street
Nerang QLD 4211

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 63m2
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Property Details for 5/18 Ferry St, Nerang

Building Type
Commercial
Land Size
63m2
Local Government
Gold Coast City
Lot/Plan
5/BUP12164

Last Listing description (June 2024)

Our client has reluctantly decided to put their retail investment on the market and offer this hard to find opportunity to other prospective owners.

This property would suit either an investor or an owner occupier looking for a fantastic opportunity to situate their business in this fantastic complex.

Located in The Albert Centre complex in Ferry Street Nerang, this property neighbours other successful business in a thriving neighbourhood business environment in one of the busiest commercial streets in Nerang.

The property is currently occupied by a long term tenant who will occupy the property in the short term to ensure that the purchase is free of GST.

The property can be used as either an office, retail shop or a cafe/restaurant. As well as a retail shop, this property has previously been used as a hairdressing studio and was formerly a professional office.

The main property features are as follows:

* 61m2 of internal space
* Access via sliding glass door facing carpark
* Lots of natural light from large front windows
* Fantastic signage exposure.
* Ample carparking for staff and clients
* Plenty of on street carparking next to the complex
* Very tidy and well maintained complex in Nerang's busy commercial district
* Just off the Southport-Nerang Road and close to the M1.
* Call now to inspect.this hard to find opportunity.

Disclaimer:
Sonter Agency has not independently checked any of the information we merely pass it on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Sonter Commercial Pty Ltd T/A Sonter Agency in recipient with regard to the use of this information and all information given is given without responsibility.

Property History for 5/18 Ferry St, Nerang, QLD 4211

A timeline of how this property has performed in the market
Last Sold
$390,000
12 Mar 2024
Listed for Rent
$506/w
29 Oct 2020
  • 12 Mar 2024
    Sold for $390,000
  • 23 Feb 2024
    Listed for Sale Contact Agent
  • 22 Oct 2020
    Sold for $250,000
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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 7,553 properties.

    There are currently 82 properties listed for sale, and 26 properties listed for rent in Nerang on OnTheHouse. According to CoreLogic's data, 342 properties were sold in the past 12 months in Nerang.

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    Contact agent
    Chris Bristow
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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.