7/2-8 Spencer RoadNerang QLD 4211
Property Details for 7/2-8 Spencer Rd, Nerang
Last Listing description (April 2022)
Jared Johnson & Lachlan Marshall from Harcourts Coastal Commercial are delighted to present an exceptional opportunity for astute investors looking for a Blue-Chip commercial asset with the ability to value add or owner occupiers looking to capitalise on the extraordinary exposure the property offers. Positioned directly parallel with the M1 Pacific Motorway the property is exposed to tens of thousands of cars every day. Watch the video for a virtual tour.
7/2 Spencer Road sets the precedent as one of the most ideal investment-grade showroom / warehouse opportunities on the Central Gold Coast. The property will be sold via Public Auction 11:00am on Wednesday the 13th April at Harcourts Coastal Commercial office. Level 1/16 Queensland Avenue, Broadbeach.
The property offers the following rarely available attributes;
- 589m2 High quality showroom / warehouse
- Strong holding income from National tenant
- Currently leased to 'TJM Gold Coast'
- Value add opportunity (currently under rented)
- Double street exposure to Spencer Road and the M1 Pacific Motorway
- 15 exclusive use carparks
- Zoned 'Low Impact Industry'
- Minutes to both North & South bound entry points to M1 Pacific Motorway
- Surrounded by National and International retailers including Woolworths, Coles, Dan Murphy and Aldi Supermarket, public transport, and excellent public car parking amenity.
Disclaimer:
We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracy or misstatements that may occur. Prospective purchases should make their own enquiries to verify the information contained herein.
Property History for 7/2-8 Spencer Rd, Nerang, QLD 4211
- 30 Mar 2022Sold for $1,850,000
- 16 Mar 2022Listed for Sale Auction
- 21 Aug 2003Sold for $825,000
Recent sales nearby
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0About 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 7,622 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:
- The median value for Houses in Nerang is $1,156,101 while the median value for Units is $796,372.
- Houses have a median rent of $815 while Units have a median rent of $700.
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