7/50 Martin StreetNerang QLD 4211
Property Details for 7/50 Martin St, Nerang
7/50 Martin St, Nerang is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1989. The property has a land size of 97m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in February 2022.
Last Listing description (March 2022)
This cottage style unit is adding to the short supply of 2 bedroom 1 bathroom units in Nerang and is certainly not one to miss for a great opportunity. Only a short walk to the local shops, cinemas, cafes, and transport yet nestled away from the road enough to grace you with some peace and quiet.
Whilst the bathroom and kitchen are looking for someone to give it some love and that updated feel, the kitchen has had a brand new oven/cooktop installed and they are both fully functional and ready to use.
Walk in and feel the brand new carpet under your feet and feel the freshness of the new coat of paint that has been recently done for the property, from the combined living/dining room through to both the bedrooms that have their own double built in robes.
With the unique point of difference of the inside attic, there is no shortage of storage in this little cottage. For the buyer looking to maximize the potential in this property, some other units in the estate have utilized installing a staircase and using the above area as a study, entertainment area, or even an additional room.
Strictly no pets are permitted.
Rentals in the estate currently lease out approximately $360 a week.
Body Corp $2,320 p/a (approx) / $45 per week (approx)
Council Rates $2,036 p/a (approx)
Water Rates $2,779 p/a (approx)
Contact me now if you are wanting comparable price guides to the property and make your best offer before it's too late.
Property History for 7/50 Martin St, Nerang, QLD 4211
- 07 Feb 2022Sold for $350,000
- 02 Feb 2022Listed for Sale Contact Agent
- 09 Mar 2000Sold for $65,000
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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 7,569 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.
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