Once in a lifetime opportunity has presented itself here, and the options are endless ! This property consists of a 3 bedroom house, a 1 bedroom granny flat, and a 1 bedroom cottage, so whether you are looking for the extended family, investment, or live in the house and rent out the other two residences to pay for the mortgage, this is an opportunity not to be missed.
Situated right in the heart of Nerang on a huge 1501m2 block, you also have the opportunity to subdivide or strata title the block (subject to council approval), so many options with this one of kind property.
This property features :
Main House:
- 3 Bedrooms
- Modern Bathroom
- Fantastic kitchen with dishwasher and plenty of storage space
- Spacious Living areas
- Plenty of character with exposed beams
- Air-conditioning to Living areas and Master Bedroom
- Massive fully tiled rumpus room
- Fantastic outdoor covered entertaining area which is huge for those large gatherings and even has an outside toilet for convenience.
- Triple Lock-up garaging
- Large garden shed which is the size of a single garage plus lean-to for storage
Granny Flat:
- 1 Bedroom
- 1 Bathroom
- Good sized kitchen ( Not a kitchenette like some granny flats)
- Lounge room
- Air-conditioning
- Covered outdoor entertaining area
- Single Carport
Cottage:
- 1 Bedroom
- 1 Bathroom plus laundry facilities
- Updated kitchen
- Lounge room
- Air-conditioning
- Outdoor deck area
- Single Carport
As the block is so large, you have plenty of room to park many cars, and room for everything else like boats, caravans, trucks, and machinery.
Located in a quiet cul-de-sac, this property is situated in the heart of Nerang and you are only a short stroll to shopping centres, medical centres, schools, and public transport.
For the extended family buyer this home represents a fantastic opportunity as it is very hard to find true multiple living, so whether it’s for Ma and Pa, or maybe for your older kids that don’t want to leave home, you are on a winner here.
For the investor you just can’t go wrong, if you were to rent the properties out individually you would expect to achieve between $800 – $850 per week.
On the other hand you could live in the house and rent out the other two for anywhere between $480-$500 per week combined, basically paying off your mortgage for you !
This property will attract a lot of interest, and as inspections will be by appointment only, the owner has asked for genuine buyers only. Please contact the agent to arrange an inspection before you miss out !
*Please Note: The sustainability declaration for this property can be obtained by contacting the agent