Rare Offering In Bustling Nerang Location!
Our client has finally decided to part with their retail holding after many years. The properties comprise a total of 6 lots in a 10 lot strata complex and are available for sale in one line.
The properties are fully tenanted by a total of 4 long term tenants (2 of the properties have been joined to accommodate the larger tenants).
The tenants represent a great mix, being a Chempro pharmacy, a Dominos Pizza franchise, a local doctor and a busy takeaway shop.
The property has the following features:
* 355 square metres of prime retail space on busy Station Street in Nerang;
* All tenants have been successfully trading for some time in this high traffic area;
* Across the road from a large Council carpark with a huge number of spaces;
* Other tenants in the complex include professional offices and Nerang squash courts;
* The property offers a nett annual rental of $148,837;
* All leases contain annual increases for future upside;
* Enquire now for detailed information package!
* These kind of assets do not come on the market often.
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 7,607 properties. Over the last 5 years, Houses in Nerang have seen a 104.02% increase in median value, while Units have seen a 130.40% increase. As at 31 December 2025:
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