58 Nerang-Broadbeach RoadNerang QLD 4211
Property Details for 58 Nerang-Broadbeach Rd, Nerang
58 Nerang-Broadbeach Rd, Nerang is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 602m2. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 4 bedroom House sold in Nerang in the last 12 months.
Last Listing description (April 2026)
High-Yield Investment Opportunity in a Prime Gold Coast Location
Positioned in a highly accessible and high-demand rental corridor, this property presents a rare opportunity to secure a strong cash-flow investment with multiple income streams in the heart of Narang.
Configured for co-living and multi-room rental, the property is ideally suited to investors seeking immediate returns with further upside potential.
Property Overview
Proven Existing Rental Income
The property is currently generating approximately $860 per week from three tenants, demonstrating strong and consistent rental demand.
Current Rental Breakdown:
• Room 1 – $250/week
• Room 2 – $250/week
• Studio-style room (private bathroom & kitchen) – $360/week
Additional rooms are available to further increase income.
Estimated Rental Potential
• Estimated rental return: $250 – $300 per room/week
• Significant scope to increase overall yield
Estimated Annual Expenses
(Based on historical records)
• Electricity: ~$2,190
• Water: ~$2,995
• Council Rates: ~$2,114
Why This Property Stands Out
• Multiple income streams from a single asset
• Existing rental income already established
• Strong cash-flow investment potential
• Flexible layout ideal for co-living or room-by-room leasing
• Opportunity to further increase returns
• Consistently high tenant demand in the area
Location Highlights
• Close to Griffith University Gold Coast Campus
• Minutes to Narang Train Station
• Easy access to the M1 for Brisbane and Gold Coast connectivity
• Short drive to Surfers Paradise and world-class beaches
This is a rare opportunity to secure a high-performing investment in one of the Gold Coast's most accessible and growth-oriented locations.
Disclaimer:
We have in preparing this information 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 purchasers should make their own enquiries to verify the information contained herein.
* denotes approximate measurements.
Property History for 58 Nerang-Broadbeach Rd, Nerang, QLD 4211
- 10 Apr 2026Sold for $1,175,000
- 12 Jan 2026Listed for Sale Contact Agent
- 26 May 2022Sold for $820,000
Recent sales nearby
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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 2016 was 16864 people. By 2021 the population was 17048 showing a population growth of 1.1% in the area during that time. The predominant age group in Nerang is 30-39 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 2021, 62.30% of the homes in Nerang were owner-occupied compared with 58.00% in 2016.
Nerang has 7,624 properties. Over the last 5 years, Houses in Nerang have seen a 91.98% increase in median value, while Units have seen a 119.90% increase. As at 31 March 2026:
- The median value for Houses in Nerang is $1,126,633 while the median value for Units is $787,288.
- Houses have a median rent of $810 while Units have a median rent of $683.
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