68 Mount Nathan Rd, Nerang is a 5 bedroom, 2 bathroom House with 4 parking spaces and was built in 1986. The property has a land size of 10260m2 and floor size of 160m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
Approximately 1.03 Hectares or just over 2.5 acres of mostly cleared land offering endless potential for those buyers looking to build their new dream home, to run a business from home subject to GCCC requirements or to potentially rent the property out and keep it in the investment portfolio for years to come.
This property features an original residence which has been divided into two separate sections offering dual living potential or potential for each induvial section to be separately rented with a combined rental appraisal of approximately $1,110 per week. To add to the income potential there are a total of seven separate sections to the two large sheds on the property that could also be rented as storage space or workshop areas as required. The property's driveway is also due to be professionally resurfaced within the next 30 days.
DUPLEX
Section 1
Gorgeous North aspect with Hinterland glimpses
Three bedrooms in total including two with built in robes provided
Refurbished main bathroom with bathtub, shower and separate toilet
Plenty of covered parking space with a single carport plus a double lock up garage underneath the residence
Open plan living scheme featuring timber flooring and air conditioning for added comfort year round
Functional kitchen opening out to a covered decked entertaining area at the rear
Weekly rental appraisal of approximately $570 - $590 per week
Section 2
Single carport accommodation
Spacious open plan living scheme, tiled throughout
Two good size bedrooms
Impressive North aspect with Hinterland views from the entertaining area
Main bathroom / laundry combination
Fully tiled covered entertaining area extending from the living room
Weekly rental appraisal of approximately $500-$520 per week
Shed 1
The first shed on the block consists of three large bays which can all be used separately as required
There is power and water connected for added convenience
Shed 2
The second shed on the block consists of four sperate sections which can all be accessed and locked individually as required
An incredibly convenient position for anyone wanting to look at running a business from home. The property is situated within minutes of the Nerang CBD and the M1 with quick access also provided to Mount Nathan, Maudsland, Canungra, Tamborine Mountain as well as St Brigid's Primary School, Silkwood School and Kool Kids Early Learning Centre Nerang .
Please be quick to register your interest before it's sold!
Disclaimer: All information contained herewith, including but not limited to the general property description, images, floorplans, figures, price and address, has been provided to Shane Colquhoun Pty Limited and Michael Folkard Property Pty Limited by third parties. We have obtained this information from sources that we believe to be reliable; however, we cannot guarantee the accuracy and or completeness of this information. The information contained herewith should not be relied upon as being true and correct. You should make independent inquiries and seek your own independent advice in respect of this property or any property on this website.
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 7,572 properties. Over the last 5 years, Houses in Nerang have seen a 100.02% increase in median value, while Units have seen a 94.50% increase. As at 30 September 2024:
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