29 Cotton StreetNerang QLD 4211
Property Details for Lot 12/29 Cotton St, Nerang
Lot 12/29 Cotton St, Nerang is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2017. The property has a land size of 151m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
Last Listing description (October 2022)
It's time to secure yourself a prosperous future with this outstanding buying opportunity. Perched in a prime growth corridor location and with a commanding street presence, this attractive boutique-style, modern townhouse is impeccably presented and ready to go. This means you can explore your options to rent it out, or enjoy it as a premium living opportunity.
A sterling development that produces above-average rental yields, Situated in a popular northern suburb of Nerang that offers direct access to the M1, vacancy rates in this central location are zero, meaning there has never been a better time to invest on the Gold Coast than now.
Make sure you don't miss out on Gold Coast's buoyant and rapidly rising property market. Utilise the substantial rent to generate a healthy income while using capital depreciation to offset the modest overheads.
WHAT'S ON OFFER
3 bedroom modern townhouse with a double garage, master with ensuite, classy galley kitchen
- Security doors allowing breeze to flow through the home
Northern GC location and located in a prime growth corridor
Low maintenance investment, with a strong rental yield, modest overheads and low body corporate
To arrange an inspection, please contact Tara on 0488 160 605.
*Important* Disclaimer: Whilst every care is taken in the preparation of the information contained in this marketing, Rockpool Real Estate will not be held liable for any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should conduct their own research to verify the information contained herein or about the property for sale.
Property History for Lot 12/29 Cotton St, Nerang, QLD 4211
- 09 Oct 2022Sold for $600,000
- 06 Oct 2022Listed for Sale $600,000
- 14 Jul 2021Sold for $460,000
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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.
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