OFF MARKET

70/32 Riverview Road
Nerang QLD 4211

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 110m2
Land area: 129m2
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Property Details for 70/32 Riverview Rd, Nerang

70/32 Riverview Rd, Nerang is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 1995. The property has a land size of 129m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
Townhouse
Year Built
1995
Floor Size
110m2
Land Size
129m2
Local Government
Gold Coast City
Lot/Plan
70/GTP103311

Last Listing description (April 2023)

Look no further than this double-storey, 3-bedroom, 2-bathroom townhouse at Riverview Gardens, located at 70/32 Riverview Road in the sought-after suburb of Nerang, Queensland.

This specious, double-storey townhouse is nestled in the popular Riverview Gardens, a gated complex offering a range of amenities, including onsite property management, CCTV surveillance, a large, sparkling swimming pool, open lawn areas and lush gardens. With a stunning rental return of $630 per week, this property is already generating strong cash flow.

The townhouse itself boasts a spacious and open living area, with a practical, wrap-around kitchen and plenty of natural light. The property features a storage room, a separate powder room downstairs and an extra-long driveway for additional parking. All the three bedrooms are generously sized, with ceiling fans and built-in wardrobes; master with ensuite bathroom for added privacy and convenience.

The location is unbeatable, with easy access to local shops, restaurants, and cafes, as well as excellent transport links to the surrounding areas, including various famous beaches, golf courses, sporting complexes, Metricon Stadium, Pacific Fair and Robina Town Centre. Take advantage of the easy public transport by having a 5-minute stroll to the Nerang train station and bus stops or spend less than 1-minute drive to get onto M1 Pacific Motorway north to Brisbane and 30 minutes south to Gold Coast Airport (Coolangatta). Whether you're commuting to work or exploring all that the Gold Coast has to offer, you'll never be far from the action.

With a strong rental history and potential for future capital growth, this property is the perfect addition to any investor's portfolio.

Don't miss out on this rare opportunity to secure a solid investment in a prime location - contact Stephanie at the onsite sales team today to schedule a viewing and take the first step towards growing your wealth with Lot 70 Riverview Gardens!

Property Features:
- A townhouse with the largest floor plan in the complex situated in the best of the best location of Nerang, Gold Coast.

- Currently tenanted by a lovely family on a 12-month lease at an amazing return of $630/week.

- Outgoings (approx.): body corp levies $67/week; council rate $35/week.

- Property is water efficient with individual water meter installed. Water rate is individually billed by city council approx. $17/week (based on fixed access charge per quarter).

- Open plan living with natural light and airflow all year round.
- 3 large bedrooms - all with built-in robes and ceiling fans, master with ensuite.

- 2.5 bathrooms - Main with bathtub, ensuite in master bedroom and a powder room downstairs for added convenience.

- Spacious kitchen with pantry and ample cupboard space.

- Separate storage room downstairs and Linen cupboard in hallway upstairs.

- Single lock-up garage with internal access plus additional two-car parking on an extra-long driveway.

Complex Features: Riverview Gardens
- A highly sought-after residential complex in the heart of Nerang, Gold Coast.

- Fully fenced, gated community with intercom and CCTV systems.

- Resort-style complex living with lush gardens and a large, sparkling swimming pool.

- Family oriented, a safe and peaceful neighbourhood.

- Visitor parking available throughout the complex.

- Adjacent to parklands & Nerang River.

Location Features:
- Less than 1-minute by car to M1 Pacific Motorway.

- 5 minutes' walk to Nerang train station.

- 5 minutes' driving distance to various local shopping centres, city library, cinemas and the Metricon Stadium.

- Less than 10-minute drive to various primary and high schools.

- 10 minutes to Emerald Lakes Golf Course and RACV Royal Pines Golf Course.

- 15 minutes to famous beaches, Griffith University, Bond University, Gold Coast hinterlands, Pacific Fair shopping precinct, Robina Town Centre and Gold Coast University Hospital.

Property History for 70/32 Riverview Rd, Nerang, QLD 4211

A timeline of how this property has performed in the market
Last Sold
$505,000
17 Mar 2023
Listed for Rent
$420/w
05 Aug 2020
  • 17 Mar 2023
    Sold for $505,000
  • 10 Mar 2023
    Listed for Sale Price Guide $459,000 - $499,000
  • 25 Mar 1996
    Sold for $164,900

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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 7,600 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 61 properties listed for sale, and 34 properties listed for rent in Nerang on OnTheHouse. According to CoreLogic's data, 321 properties were sold in the past 12 months in Nerang.

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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.