SOLD
Sold on 12 Aug 2024 for $1,250,000

30 Nerang Street
Southport QLD 4215

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 128m2
Land area: 288m2
Sold By
Professionals Southport
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Property Details for 30 Nerang St, Southport

Building Type
Commercial
Floor Size
128m2
Land Size
288m2
Local Government
Gold Coast City
Lot/Plan
2/RP87387

Last Listing description (June 2022)

Located in Nerang Street in the priority development area and in the busiest walk by area in Southport, this property has recently been fit out for a restaurant. Inclusions are :
- New grease trap
- 3 new toilets

- a new kitchen area
- new tiles and wall linings
- new storage shed at the rear
- plenty of parking at the rear for approximately 6 vehicles
- the property is currently leased at $72,000 per annum indexed until 14/4/2024

Please contact Andrew Wright from Professionals Southport today for further information.

Property History for 30 Nerang St, Southport, QLD 4215

A timeline of how this property has performed in the market
Last Sold
$1,250,000
12 Aug 2024
Listed for Rent
$1.15k/w
28 Feb 2017
  • 12 Aug 2024
    Sold for $1,250,000
  • 22 Jan 2019
    Listed for Rent - Price not available
  • 15 Jan 2019
    Listed for Sale $1,500,000 plus GST
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About Southport 4215

The size of Southport is approximately 14.6 square kilometres. It has 37 parks covering nearly 18.2% of total area. The population of Southport in 2011 was 28,314 people. By 2016 the population was 31,879 showing a population growth of 12.6% in the area during that time. The predominant age group in Southport is 20-29 years. Households in Southport are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Southport work in a professional occupation. In 2011, 41.2% of the homes in Southport were owner-occupied compared with 37.9% in 2016.

Southport has 19,535 properties. Over the last 5 years, Houses in Southport have seen a 71.54% increase in median value, while Units have seen a 97.15% increase. As at 31 October 2024:

  • The median value for Houses in Southport is $1,056,663 while the median value for Units is $718,523.
  • Houses have a median rent of $745 while Units have a median rent of $650.
There are currently 254 properties listed for sale, and 134 properties listed for rent in Southport on OnTheHouse. According to CoreLogic's data, 1018 properties were sold in the past 12 months in Southport.

Suburb Insights for Southport 4215

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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.