Knight Frank are proud to present 2/2-8 Spencer Road Nerang.
Positioned on the service road to the M1 Pacific Motorway, this building offers commanding street frontage on busy road with excellent signage opportunities. Currently utilised as a sound engineering studio with previous usage being a Red Rooster with drive-thru.
The property is being offered vacant possession or with a short term lease if it assists the purchaser.
- PRIME STREET FRONTAGE ON SPENCER RD, NERANG WITH M1 EXPOSURE
- EXCELLENT SIGNAGE OPPORTUNITY
- LAND AREA - 245m2*
- FLOOR AREA -193m2*
- AMPLE PARKING
- OFFICE FITOUT WITH DUCTED AIR CONDITIONING
- TIDY KITCHEN AREA
- STORAGE AREAS
- LARGE RECEPTION AREA
- 2 X TOILETS
- 7 Kw SOLAR POWER SYSTEM
- ZONE - LOW IMPACT INDUSTRY
- CLOSE PROXIMITY TO M1 EXITS.
- CURRENTLY LEASED ON A MONTHLY TENANCY.
- MOTIVATED SELLER
- FOR SALE - $830,000.00 ( TO BE SOLD AS A
GOING CONCERN )
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 7,622 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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