10- 16 Nerang Street- SOLD for $3,200,000
Single Level Office Building on over 1/4 acre of River frontage with Prime Development Potential!!!
A unique opportunity to secure this Double Storey Office premises with tenant in place situated on over 1/4 acre block. A prime development site with a mix of potential uses including multi-level options for childcare, medical center & health services, professional offices, retail facilities, and residential units. The potential is endless here. Buy one block or 2 or 3 or 4, all owned by the same owner who will consider an offer.
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 7,612 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:
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