12-16 Lawton Lane, Canungra is a 2 bedroom, 1 bathroom Unit with 5 parking spaces and was built in 1976. The property has a land size of 1396m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 2 bedroom Unit sold in Canungra in the last 12 months.
Looking for a solid land bank investment? Look no further, this property currently has 3 units all with long term tenants collecting a solid return on investment. Additionally there is an opportunity to further develop the existing 1,396m2 block using the vacant land at one end of the property.
Unit's 1 and 3 feature 2 bedrooms, 1 bathroom, tiled throughout with front and rear patios
Unit 2 features 1 bedroom, ensuite bathroom with front and rear patios
Features:
Solid double brick construction with all units being in good condition for their age
Carports at the front of each unit
All units have split system air conditioners
Separate laundry's
Centrally located in the quaint Canungra township
Walking distance to local schools, shops and medical centres
Approximately 20 minutes drive to Nerang and the M1
Long term tenancy history with rent increases factored in
Over $68,000 per annum in gross income
Affordable rates being on 1 title only
Building and pest available on request
Call or email Alex Bally to arrange an inspection.
The size of Canungra is approximately 29.8 square kilometres. There are 6 parks, covering nearly 0.8% of the total area. The population of Canungra in 2016 was 1229 people. By 2021 the population was 1436 showing a population growth of 16.8% in the area during that time. The predominant age group in Canungra is 40-49 years. Households in Canungra are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Canungra work in a trades occupation.In 2021, 78.70% of the homes in Canungra were owner-occupied compared with 72.40% in 2016.
Canungra has 828 properties. Over the last 5 years, Houses in Canungra have seen a 96.56% increase in median value, while Units have seen a 152.26% increase. As at 31 July 2026:
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