Situated in the heart of the Nerang industrial precinct this property has upside in the future for either an investor or owner occupier.
With all 4 units leased to proven tenants there is good holding income going forward.
This property is a "Buy now" and wait!
Features Include
940 m2* of building divided into 4 tenancies
Approximately 1600m2* of land with wide street frontage
Designated onsite parking
Easy access to the M1 motorway
Total Net Income $165,630*
For more information or viewing please contact
Steve O'Connell 0455 044813
Jo Bailey- Green 0483 824696
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. *Sizes and financials are approximate.
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 7,621 properties. Over the last 5 years, Houses in Nerang have seen a 89.61% increase in median value, while Units have seen a 114.70% increase. As at 30 April 2026:
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