SOLD
Sold on 27 Aug 2024 for $2,600,000

9/1 Nerang Street
Nerang QLD 4211

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 426m2
Land area: 617m2
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Property Details for 9/1 Nerang St, Nerang

Building Type
Commercial
Year Built
1997
Floor Size
426m2
Land Size
617m2
Local Government
Gold Coast City
Lot/Plan
9/BUP105904

Last Listing description (August 2020)

Inspections via appointment - Contact us today!
On offer is a versatile dual key residential/commercial approved 128m2 apartment. Ideal for astute purchasers wanting to run a business from home or a fantastic investment prospect boasting the potential of 2 incomes.
The generous open plan design is sure to suit a variety of buyers given its flexible layout. Don't miss out on a great opportunity to make this property your own.

Situated close to Nerang CBD providing easy access to the M1 north & south. Featuring spacious kitchen, private balcony, welcoming entrance & ample storage throughout.
- Residential/office space
- Dual key apartment
- Welcoming reception area
- Visitor parking onsite
- Derby air conditioning - living
- Fresh tiles in living/dining
- Ample cupboard & storage throughout
- Water outlook from private north facing balcony
- Kitchen with loads of storage
- Technika Cook-top
- Bellissimo oven
- Corner position in building
- Offering a versatile floor plan
- Work from home

Property History for 9/1 Nerang St, Nerang, QLD 4211

A timeline of how this property has performed in the market
Last Sold
$2,600,000
27 Aug 2024
  • 27 Aug 2024
    Sold for $2,600,000
  • 29 Sep 2021
    Sold for $4,701,000
  • 23 Dec 2020
    Sold for $1,600,000
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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 7,600 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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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.