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61 Price Street Nerang, QLD 4211

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61 Price Street,
Nerang, QLD 4211

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Key property information

Land area

Floor area

Map of 61 Price Street

Directions

SOLD!! On a 10 day Settlement!

This free standing building is leased to the CBA and has been for 19 years. The building is positioned diagonally from Earle Plaza Shopping Centre (Nerang Post Office and Movie theatres) and across he road from the newly constructed Nerang Library, making this locale the central business district of Nerang. This property has prominent exposure because of its location on the corner of Price and White Streets.

Land Size 1,012m2 (approx)
Great on premise Parking
Extremely High traffic exposure in main street
Built circa 1992
Leased to Commonwealth Bank of Australia (CBA)
Annual CPI increases
Lease commencement 1st December 1992. It was just exercised for another 5 years from the 1st December 2011
Remaining options 3 + 3 years (to 1st of December 2022)

Additional information

Nerang, 4211 demographic data

The median household income for Nerang is $1,423, 6% lower than Regional Queensland's household income of $1,507. Nerang has a younger age profile compared to the rest of Regional Queensland (median age 40 vs 41). Property ownership data shows 57% of property owners in Nerang have a mortgage.

17,048
Population
$1,423 per week
Median household income
40 years
Median age
Owners
Most residents
Families
Most households
07 5504 19...
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61 Price Street
Nerang, QLD 4211
SP Commercial - SPRINGWOOD
-
SPRINGWOOD, QLD 4127

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