1 Merloo DriveNerang QLD 4211
Property Details for 1 Merloo Dr, Nerang
Last Listing description (May 2025)
This property located in the very popular suburb of Clearwater is for sale.
Located 4km approx. from its nearest competitor the tenants have a captured market.
Features include:-
• 944sqm of land on a corner block.
• Building 279sqm
• Mixture of business and residential Income
• General store downstairs
• 3 Bedroom residence upstairs
• The property has always been tenanted since it was built 35 years ago.
• Ideal future development site (subject to Council approvals).
Please note this is a land and buildings transaction only. The business is not for sale.
For further Information or viewing please contact
Steve O'Connell 0455 044 813
Jo Bailey - Green 0483 824 696
Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise. All sizes are approximate.
Property History for 1 Merloo Dr, Nerang, QLD 4211
- 30 Apr 2025Sold for $1,000,000
- 05 Feb 2025Listed for Sale Please Contact Agents for pricing
- 16 Nov 2021Sold for $975,000
Recent sales nearby
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0About 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 7,616 properties. Over the last 5 years, Houses in Nerang have seen a 102.51% increase in median value, while Units have seen a 112.92% increase. As at 30 November 2025:
- The median value for Houses in Nerang is $1,051,071 while the median value for Units is $747,411.
- Houses have a median rent of $765 while Units have a median rent of $700.
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