SOLD
Sold on 24 Apr 2024 for $535,000

8/32 Riverview Road
Nerang QLD 4211

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 100m2
Land area: 178m2
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Property Details for 8/32 Riverview Rd, Nerang

8/32 Riverview Rd, Nerang is a 3 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1995. The property has a land size of 178m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom Townhouse sold in Nerang in the last 12 months.

Building Type
Townhouse
Year Built
1995
Floor Size
100m2
Land Size
178m2
Local Government
Gold Coast City
Lot/Plan
8/GTP101639

Last Listing description (April 2024)

UNDER CONTRACT IN 7 DAYS!!!

Take note of this highly attractive opportunity to secure a lucrative addition to your investment portfolio. This splendid three-bedroom villa, nestled within the desirable Riverview Gardens complex, represents an exceptional investment in a central location of the thriving Gold Coast area. Currently tenanted with a solid return of $650 per week, this property boasts a robust rental yield, with minimal outgoings.

This delightful home offers a spacious, open plan living area that bathes in natural light, promoting a sense of serenity and comfort. The well-appointed kitchen presents generous storage options, while each bedroom features built-in robes and ceiling fans for year-round ease. A 2-way bathroom, inclusive of a bathtub, and a separate toilet cater to the practical needs of residents.

Additional perks include a single lock-up garage, extra driveway parking, air conditioning in the lounge, and water efficiency measures. Within the gated community, residents enjoy resort-style amenities, including a sparkling swimming pool, lush gardens, and enhanced security.

With proximity to the M1 Pacific Motorway, train station, and an array of local amenities, this villa is not just a home but a lifestyle choice. This is a rare chance to invest in a property where demand is consistently high - an opportunity not to be missed.

Property Features:
- Great central location: the best of the best at Nerang, Gold Coast.
- Currently rented on a 12-month lease for $650/week.
- Outgoings (approx.): body corp levies $78/week; council rate $46/week.
- Property is water efficient with individual water meter installed. Water rate is individually billed by city council approx. $21/week (fixed/access charge).
- Open plan living with natural light and airflow all year round.
- Air-conditioner in lounge.
- Spacious kitchen with ample storage space. Linen cupboard in hallway.
- Three large bedrooms, all with built-in robes and ceiling fans.
- 2-way Bathroom with bathtub and a separate toilet.
- Single lock-up garage with additional parking on the 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:
- 30 seconds 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.
- 10 minute-drive or less to various primary and high schools.
- 10 minutes to Emerald Lakes Golf Course and RACV Royal Pines Golf Course.
- 15 minutes to beaches, Gold Coast hinterlands, Pacific Fair shopping precinct, Robina Town Centre and Gold Coast University Hospital.

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

Property History for 8/32 Riverview Rd, Nerang, QLD 4211

A timeline of how this property has performed in the market
Last Sold
$535,000
24 Apr 2024
Listed for Rent
$410/w
22 Oct 2019
  • 24 Apr 2024
    Sold for $535,000
  • 16 Apr 2024
    Listed for Sale Offers over $520,000
  • 01 May 1999
    Sold for $90,000
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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 7,572 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 73 properties listed for sale, and 35 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.