20 Railway Parade, Nerang, QLD, 4211, Australia

Welcome to a fantastic opportunity for astute buyers and investors at 20 Railway Parade, Nerang. This property promises exceptional development potential and a solid investment for the future. Whether you're a first-time homebuyer or a seasoned investor, this is your gateway to bigger possibilities and future proofing your real estate goals.

Property Highlights:

Modern Interiors - Newly renovated bathroom and kitchen with brand-new appliances and cabinetry, making the home feel like new.
Year-Round Comfort - Enjoy the convenience of five split-system air conditioners throughout the bedrooms and living spaces, keeping the home cool in summer and warm in winter.
Flexible Living Areas - Two spacious lounge areas, one perfect for a home-based business or a second lounge for family relaxation, complete with stylish new VJ paneling for a fresh, modern aesthetic.

Key Features:

- Ample parking for up to six vehicles, with room for a trailer, boat, or caravan, or convert this space into an outdoor entertainment area.
- Rental appraisal of $750 per week, with the potential to boost income with an auxiliary dwelling, bringing the combined rental income to $1,500 per week.
- Zoned RD5 medium density, with a building height allowance of up to 15 meters (with established precedence for higher).
- Prime location with immediate M1 access, perfect for north and southbound commutes.
- A fantastic option for first-time buyers, small business owners seeking a dual-purpose home and workspace, or savvy investors ready to capitalise on the high-growth Gold Coast market, where vacancy rates are below 1% and rents are on the rise.
- Bonus Opportunity: Purchase the neighbouring property at 22 Railway Parade for a combined 1,012m² of RD5-zoned land with holding income.

Seize this rare opportunity in the booming Gold Coast market. Contact Dan Knapp today for rental appraisals, town planning reports, and more information.

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, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.