8/12-20 Lawrence Drive, Nerang, QLD 4211 | Property Value & History | OnTheHouse
OFF MARKET

8/12-20 Lawrence Drive
Nerang QLD 4211

Bedrooms: -
Bathrooms: -
Car spaces: 10
Floor area: 134m2
Land area: 451m2
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Property Details for 8/12-20 Lawrence Dr, Nerang

Building Type
Commercial
Year Built
2004
Floor Size
134m2
Land Size
451m2
Local Government
Gold Coast City
Lot/Plan
8/BUP9392

Last Listing description (October 2022)

Suit Investment or a Growing Business

A rare investment opportunity to join the success of the Jupiter Plaza complex on Lawrence Drive Nerang. Rarely do these units come onto the market.

This is the best location on the Gold Coast with instant access to the M1 Highway North and South and East/West arterials
Unit 8 - 618 sqm (468 Floor + 150 Mezzanine)
Unit 7 - 319 sqm ( 219 Floor + 100 Mezzanine)
Unit 6 - 587 sqm ( 437 Floor + 150 Mezzanine)
TOTAL SPACE 1524 sqm

3 Combined units with total rentable space of 1,524 sqm currently under lease to the owners who operate an extremely successful Branding Solutions company. The sellers are looking to lease back for a period of 3 years with a further option of 2 years. The lease term can be flexible for one or all units. The owners are building their new factory.

At the completion of the tenancy, the new owners will have the options to lease the units as one, or maximise return and minimise the risk with three separate leases . Alternatively occupy and rent 1 or 2 units securing your future growth space

The units have recently undergone extensive Roof Restoration work to bring them to as new condition.

Estimated return on investment is in the range of 4.3% or $3950 per sqm

Building Features include
400 Amps of power ( $150,000.00 cost)
Polished Concrete Floors ($90,000.00 cost )
Fully Insulated internally
Heat Reflective externally on roofs
Full Roof Restoration within the last 12 months ($70,000 cost)
All Factories and offices fully Air conditioned.
Pneumatic lines installed
All factories Cat 5 networked
NBN installed (Dedicated Fibre available)
Open Plan Office Fit out with two Managers offices, Board Room and reception (unit 8) U6&7 Mezz are suitable for offices if required
• Unit 8 - 10 Car spaces. Unit 7 - 5 car spaces. Unit 6 - 9 car spaces
TOTAL 24 CAR SPACES + VISITORS

For information and inspections, contact Gold Coast Commercial
Keith Twist 0416 269753
Jo Bailey- Green 0483 824696

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

Property History for 8/12-20 Lawrence Dr, Nerang, QLD 4211

A timeline of how this property has performed in the market
Last Sold
$1,100,000
24 Feb 2021
Listed for Rent
$1.27k/w
11 Oct 2009
  • 24 Feb 2022
    Listed for Sale One Combined Unit $6,000,000
  • 24 Feb 2021
    Sold for $1,100,000
  • 03 Feb 2010
    Sold for $725,000
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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 7,619 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:

  • The median value for Houses in Nerang is $1,126,633 while the median value for Units is $787,288.
  • Houses have a median rent of $810 while Units have a median rent of $683.
There are currently 38 properties listed for sale, and 30 properties listed for rent in Nerang on OnTheHouse. According to Cotality's data, 369 properties were sold in the past 12 months in Nerang.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.