BIG RENTAL - HOUSE AND LAND - NERANG , BOOMING GOLD COAST SUBURB

Now is good time to invest here in Nerang, – this area is growing rapidly being forced to grow by the demand for Gold Coast Lifestyle and the facilities in nearby Pimpama and Coomera. This is one of SEQld key growth locations.
This lot is located in a new estate, currently being constructed with completion not very far away! Time to be confirmed.
Gold Coast is the place to Live
Nerang is a suburb in the Gold Coast Region of Queensland. Nerang has a population of 16,866 people and 33.29% of its occupants live in rental accommodation. The median listing price for houses is $760,000 and this has changed 8.72% over the past year and changed 43.66% over 2 years.
Nerang property market
Last month Nerang had 48 properties available for rent and 91 properties for sale. Median property prices over the last year range from $769,000 for houses to $516,000 for units. If you are looking for an investment property, consider houses in Nerang rent out for $695 PW with an annual rental yield of 4.7% Based on five years of sales, Nerang has seen a compound growth rate of 2.5% for houses and 7.9% for units.
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This Opportunity:
4 bed family home:
106 New Road , Nerang – size 300m2 Land Price: $TBC
Registration TBC
Total of 4 beds, 2 baths, 2 cars – Total size 195.42m2 Build Cost: $TBC
4 beds, 2 baths 2 living and 2 cars

Rental estimate: For family home of 5 beds $880 to $1000 per week rental
High demand – high rental income – Vacancy rate: current -1.0%

Inclusions: please request complete list:
– 12 week build time is for the construction only – does not include the waiting time for construction approval and also for finance approval
– Air cons in the main living areas in both units and in each bedroom
– Carpets and tiles throughout
– Ceiling fans and LED downlights throughout
– Window furnishings included
– Colour bond roof
– Landscape allowance
– 2 or 3 year rental guarantee for investors

To Purchase:
Expression of Interest with initial holding deposit – amount to be advised
21 days for finance approval
Then pay 10% deposit on land and 5% deposit to builder
Land settlement 14 days from issue of title
Build time total of 16 weeks
Fixed price contract – full turn key – tenant ready

Please request further information if interested.
This property is not yet constructed – two contract purchase – off the plan purchase
This property is also subject to availability at the time of enquiry.

FOR SALE: $989,990

KAYE TILLEY 0418 823 046
JOHN TILLEY 0414 041 424

$989,990
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Property Features
  • House and Land
  • 4 bed
  • 2 bath
  • 2 Parking Spaces
  • Land is 300 m²
  • Floor Area is 195.42 m²
  • 2 Toilet
  • Ensuite
  • 2 Garage
  • Dishwasher
  • Built In Robes
  • Broadband
  • Fully Fenced
Real Estate Agent
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Kaye Tilley
0418 823 046
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