OFF MARKET

68/125 Pappas Way
Nerang QLD 4211

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 76m2
Land area: 104m2
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Property Details for 68/125 Pappas Way, Nerang

68/125 Pappas Way, Nerang is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1993. The property has a land size of 104m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in November 2019.

Building Type
Unit
Year Built
1993
Floor Size
76m2
Land Size
104m2
Local Government
Gold Coast City
Lot/Plan
68/GTP3678

Last Listing description (January 2020)

Well appointed two-bedroom townhouse situated in one of the suburb's most desirable complexes. Securely gated estate featuring an oasis themed sparkling in ground swimming pool to help you cool off during the hot summer months. Pet friendly complex subject to body corporate approval. Please be quick to register your interest to avoid any potential disappointment!

This Property Also Includes;
Weekly rental return potential of approximately $330/week for the investors

Security gated complex with a communal oasis themed swimming pool
Reasonable weekly body corporate of approximately $55 including building insurance
Enclosed courtyard at the rear of the property, pet friendly subject to BC approval
Spacious open plan living scheme downstairs
Two generous bedrooms with fans and built in robes upstairs
Covered carport provided, plus second additional outside parking space allocated to the unit and plenty of visitor parking throughout the estate
Functional kitchen with SS appliances installed
Separate laundry and toilet downstairs for added convenience

Situated in a super convenient position within minutes of the Commonwealth Games Sporting Precinct, Metricon Stadium, the M1, Nerang Train Station and the world renown Pacific Fair Shopping Centre. To schedule your private viewing appointment please contact Michael Folkard from LJ Hooker at you earliest convenience.

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Property History for 68/125 Pappas Way, Nerang, QLD 4211

A timeline of how this property has performed in the market
Last Sold
$255,000
08 Nov 2019
Listed for Rent
$300/w
28 Feb 2014
  • 08 Nov 2019
    Sold for $255,000
  • 26 Sep 2019
    Listed for Sale Not Disclosed
  • 23 Jul 2015
    Sold for $220,000
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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 7,599 properties. Over the last 5 years, Houses in Nerang have seen a 87.31% increase in median value, while Units have seen a 106.79% increase. As at 30 November 2024:

  • The median value for Houses in Nerang is $915,465 while the median value for Units is $630,184.
  • Houses have a median rent of $750 while Units have a median rent of $580.
There are currently 62 properties listed for sale, and 31 properties listed for rent in Nerang on OnTheHouse. According to CoreLogic's data, 325 properties were sold in the past 12 months in Nerang.

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