5/10 Riverview RoadNerang QLD 4211
Property Details for 5/10 Riverview Rd, Nerang
5/10 Riverview Rd, Nerang is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2015. The property has a land size of 180m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in January 2025. There are other 3 bedroom Townhouse sold in Nerang in the last 12 months.
Last Listing description (June 2023)
If You Are Looking For A "Set and Forget" Investment Property with Excellent Tax Advantages and High Returns - This Property Is For You!!!
This three bedroom, two bathroom, double garage, tri-level townhouse, only 8 years old, and with an excellent long term tenant in place, is positioned in the popular Riverview Outlook complex.
The tenancy is under an NRAS leaseback - a Government backed scheme with guaranteed high returns, a percentage of which is paid TAX FREE to owners of these properties. These properties offer Buyers a great opportunity to either add to an existing Investment Portfolio, or purchase as a first time Investor. Coupled with the fact that Nerang itself is still in the early stages of transformation, with a huge surge in value still to come, purchasing now will most certainly provide a very high
The property itself features:
*Expansive living over three levels; three bedrooms, two bathrooms, double remote lock up garage - tandem style.
*Extra space in the garage for a work shop and large storage area, with the laundry on this level as well.
*Level One comprises a large open plan living/dining/kitchen area, opening out to a very private spacious balcony and small courtyard garden, perfect for outdoor entertaining, plus an additional balcony to allow the easy flow of cool breezes.
*The kitchen is fully equipped with modern stainless steel appliances, including a dishwasher and gas cooktop, with loads of pantry space!
*Level One is also fully air conditioned and there is a powder room on this level as well.
*Level Two features a large airconditioned Master Bedroom with ensuite, and two additional queen size bedrooms adjoining the two way main bathroom.
*Low Body Corporate
*Excellent On Site Management
The position of this townhouse home is perhaps its major attribute - hence the high demand for these unique Townhouses for both Owner Occupiers and Investors. Set only 2 mins drive away from virtually all amenities, translink train to Brisbane, surrounded by numerous sporting facilities and parks, close to a number of schools and only 1 minute to the M1, its hard to beat this location!!!
For further information or to arrange a private inspection. CALL ME NOW!!!
Disclaimer:
The photos in this advertisement, whilst not of this particular property, are typical of all the tri level townhouses in this complex.
Property History for 5/10 Riverview Rd, Nerang, QLD 4211
- 17 Jan 2025Sold for $700,000
- 05 May 2023Sold for $515,000
- 02 May 2023Listed for Sale Offers over $505,000
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About Nerang 4211
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 7,616 properties. Over the last 5 years, Houses in Nerang have seen a 102.51% increase in median value, while Units have seen a 112.92% increase. As at 30 November 2025:
- The median value for Houses in Nerang is $1,051,071 while the median value for Units is $747,411.
- Houses have a median rent of $765 while Units have a median rent of $700.
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