SOLD
Sold on 07 Mar 2024 for $550,000

74/125 Pappas Way
Nerang QLD 4211

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 80m2
Land area: 107m2
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Property Details for 74/125 Pappas Way, Nerang

74/125 Pappas Way, Nerang is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1993. The property has a land size of 107m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom House sold in Nerang in the last 12 months.

Building Type
House
Year Built
1993
Floor Size
80m2
Land Size
107m2
Local Government
Gold Coast City
Lot/Plan
74/GTP3678

Last Listing description (July 2024)

Introducing a charming double-storey end townhouse, nestled in a quiet area of Carrara Park complex where you can enjoy the privilege of only one neighbour. Boasting 2 bedrooms and a private courtyard, this home offers a cozy retreat complete with a covered carport and additional allocated parking right at your doorstep. Whether you're a first-time home buyer stepping into the property market or an astute investor seeking lucrative opportunities, this property presents an enticing option with rental potential ranging from $550-$580 per week, coupled with a low body corporate fee of just $65 per week.

Discover the highlights of this townhouse:

* Two spacious bedrooms adorned with built-in robes for ample storage
* Convenient main bathroom upstairs complemented by a separate downstairs toilet and laundry
* Embrace the seamless flow of open plan living and dining areas and a well-appointed kitchen
* Fully enclosed private courtyard
* Benefit from single covered car accommodation alongside a dedicated additional parking space
* Experience peace of mind in a secure gated complex, with pet-friendly options subject to body corporate approval
* Indulge in the community amenities including an inground pool and BBQ area within the complex
* Body corporate fee of approximately $65 per week, inclusive of building insurance
* Extras include: fans and security screens throughout

Centrally located within a stroll to shops, restaurants, amenities and public transport and quick access to the M1, Nerang rail and bus depot. Also close to the KDV Sports Academy, the Emerald Lakes Precinct and Heritage Bank Stadium.

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 CLP Realty 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.

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Property History for 74/125 Pappas Way, Nerang, QLD 4211

A timeline of how this property has performed in the market
Last Sold
$550,000
07 Mar 2024
  • 07 Mar 2024
    Sold for $550,000
  • 29 Feb 2024
    Listed for Sale Offers Over $500,000
  • 15 Jul 2019
    Listed for Sale Offers Over $269,000
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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.
There are currently 71 properties listed for sale, and 35 properties listed for rent in Nerang on OnTheHouse. According to CoreLogic's data, 317 properties were sold in the past 12 months in Nerang.

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