8 Railway Parade, Nerang

This is a house located in 16/RP40218 Nerang QLD. Comparable sales have been around $385,000. Built in 1970, it has 3 bedrooms, 1 bathroom.

ABOUT THE PROPERTY

Bedrooms
3
Bathrooms
1
Car spaces
1
Land size
506 m2
Building size
99 m2
Council area
Gold Coast City - Albert
Year built
1970
Lot plan
16/RP40218 Nerang QLD
House type
House



HISTORY

Last sold 15/12/2016
$340,000



LISTING DESCRIPTION
as of January 2017

Prime Location for Development This is all about location! BUY at todays prices for future prime development capital gains opportunity.Located next to the M1 MOTORWAY with Prime exposure and Zoned Residential Commercial this 506m2 flat blockCurrently with a 3 bedroom house substantiates current land bank income until the chosen re-development opportunity arises.Currently the 3 bedroom home sits on a wide frontage block with a large flat back yard, offering immediate rental return.Nerang is proving to be one of the fast growing commercial locations on the Gold Coast, being the gateway to the Gold coast Hinterland and strategically positioned so close to the MI corridorWith Railway Parade already proving to be rapidly changing with some major redevelopments already established nearby its only a matter of time for further development to expandFeatures:506m2 flat blockEasy Location off the M1Future re-development in Nerang CBDCurrent home tenanted with ongoing income potentialM1 Exposure for commercial usageFor further information please call Alex Bally on 0410650470