2/3 Kowhai Pl, Nerang is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 144m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in June 2023.
Incredible investment opportunity in the heart of Nerang not to be missed. This spacious three-bedroom duplex has great long term tenants in place currently paying $580 per week until the 20th of August 2024. With no body corporate fees and just a shared building insurance premium of approximately $650 per annum, this duplex would be a solid addition to any investment portfolio. Please ensure your attendance at the open home before it's sold!
This Property Also Includes;
Three good size bedrooms all with built in storage provided
Long term tenants in place currently paying $580 per week until the 20th of August 2024
Annual building insurance premium of approximately $650
Current rental appraisal of approximately $650 per week
Annual council rates charges of approximately $2,300
Annual council water charges of approximately $2,000
Private cul de sac positioning in a very central Nerang location providing ease of access to the M1, local Nerang Parklands and St Brigid's Primary School. To arrange your private viewing of this stunning home please contact Michael Folkard from LJ Hooker today.
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 7,623 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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