SOLD
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Sold on 12 Feb 2024 for $553,000

75/125 Pappas Way
Nerang QLD 4211

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 93m2
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Property Details for 75/125 Pappas Way, Nerang

75/125 Pappas Way, Nerang is a 2 bedroom, 1 bathroom Townhouse with 2 parking spaces. The property has a land size of 93m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Townhouse sold in Nerang in the last 12 months.

Building Type
Townhouse
Land Size
93m2

Last Listing description (February 2024)

Welcome to 75/125 Pappas Way in Nerang! This charming townhouse is the perfect opportunity for first-time buyers, downsizers, or investors looking for a low-maintenance property.

With 2 bedrooms, renovated bathroom, and 2 toilets, this townhouse offers comfortable living spaces. The open-plan design creates a seamless flow between the living, dining, and renovated kitchen.

The property also features a carport space and an additional open parking space, ensuring convenience for multiple vehicles. The end unit position allows for more light in the open-plan living area.

Features include:
• Renovated Kitchen
• Renovated Bathroom
• End Unit Position
• Two Air-Conditioning Units
• Fenced Courtyard
• Separate Laundry
• Presently tenanted until August with a fantastic return of $590 per week!
• Low Body Corp Fees (approx. $57 per week) in a well managed secure complex

Located in a peaceful neighborhood, this property offers a tranquil retreat while still being close to all amenities. Enjoy easy access to nearby parks, schools, and shopping centers, ensuring convenience in your everyday life.

The price guide for this property is offers over $529,000, making it an affordable option in a central Gold Coast location. Don't miss out on this fantastic opportunity to secure a well-maintained townhouse in a sought-after location.

First inspection this Saturday (Time to be confirmed)

Disclaimer: In preparing this information, we have used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies, or misstatements that may occur. Prospective buyers should make their own enquiries to verify the information contained herein.

Property History for 75/125 Pappas Way, Nerang, QLD 4211

A timeline of how this property has performed in the market
Last Sold
$553,000
12 Feb 2024
Listed for Rent
$340/w
05 Jul 2018
  • 29 Jan 2024
    Sold for $553,000
  • 23 Jan 2024
    Listed for Sale SOLD by Andrew Davidson at Raine&Horne Nerang
  • 14 Jun 2018
    Listed for Rent $340 / week
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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.

Suburb Insights for Nerang 4211

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Contact agent
Andrew Davidson
Show contact details
Raine & Horne 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.