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CBRE is pleased to exclusively present 73 Nerang Street, Nerang, a high performing investment generating $1,016,213* of income p.a. with tremendous development upside.
This expansive 4.7-hectare landholding in Nerang is strategically positioned within the Gold Coast, one of the fastest growing local government areas in Australia. The development site is well positioned for a range of residential development outcomes, supported by local community facilities and commercial uses. A building height overlay permits development up to 23 metres, enabling a range of medium-rise residential outcomes.
With a population of 17,000*, Nerang provides an affordable family-friendly environment complemented by essential amenities such as shopping centres, schools, and recreational facilities. The suburb boasts excellent connectivity, featuring the Nerang Train Station and easy access to the M1 Motorway, facilitating convenient travel to Brisbane and surrounding areas.
Investment Highlights:
+Substantial Gold Coast Riverfront Landholding
Positioned in the heart of Nerang, this expansive freehold site spans approximately 4.7 hectares, offering a rare opportunity to acquire significant development scale in one of the Gold Coast’s most accessible and rapidly evolving suburbs. Large landholdings of this size are increasingly scarce, particularly in urbanised areas with strong infrastructure and amenity.
+Strong Investment Fundamentals
The site currently operates as a caravan park, generating a substantial net income of $1,016,213 per annum. This income stream provides exceptional holding income, offering investors a secure cash flow while unlocking significant future development potential.
+Residential Development Potential Across Multiple Dwelling Types
The site is zoned to support a diverse mix of residential outcomes, including multiple dwellings, dual occupancies, small-lot housing, and community residences. This flexibility enables developers to respond to a wide range of market demands and demographic profiles. With the Gold Coast’s population projected to grow by over 40% by 2041, driven by continued interstate migration and lifestyle appeal, the demand for varied housing typologies is expected to remain strong.
+Excellent Connectivity and Amenity Access
Strategically located just minutes from the Nerang Train Station, M1 Motorway, and major retail centres such as Nerang Mall and Earle Plaza, the site offers seamless connectivity to both Brisbane and the Southern Gold Coast. Proximity to schools, medical centres, parks, and recreational facilities enhances its attractiveness for future residents, supporting both owner-occupier and rental demand.
73 Nerang Street, Nerang is For Sale via Expressions of Interest closing Thursday 27th of November at 4:00PM (AEST).
Remember to mention you found this property on DevelopmentReady
CBRE is pleased to exclusively present 73 Nerang Street, Nerang, a high performing investment generating $1,016,213* of income p.a. with tremendous development upside.
This expansive 4.7-hectare landholding in Nerang is strategically positioned within the Gold Coast, one of the fastest growing local government areas in Australia. The development site is well positioned for a range of residential development outcomes, supported by local community facilities and commercial uses. A building height overlay permits development up to 23 metres, enabling a range of medium-rise residential outcomes.
With a population of 17,000*, Nerang provides an affordable family-friendly environment complemented by essential amenities such as shopping centres, schools, and recreational facilities. The suburb boasts excellent connectivity, featuring the Nerang Train Station and easy access to the M1 Motorway, facilitating convenient travel to Brisbane and surrounding areas.
Investment Highlights:
+Substantial Gold Coast Riverfront Landholding
Positioned in the heart of Nerang, this expansive freehold site spans approximately 4.7 hectares, offering a rare opportunity to acquire significant development scale in one of the Gold Coast’s most accessible and rapidly evolving suburbs. Large landholdings of this size are increasingly scarce, particularly in urbanised areas with strong infrastructure and amenity.
+Strong Investment Fundamentals
The site currently operates as a caravan park, generating a substantial net income of $1,016,213 per annum. This income stream provides exceptional holding income, offering investors a secure cash flow while unlocking significant future development potential.
+Residential Development Potential Across Multiple Dwelling Types
The site is zoned to support a diverse mix of residential outcomes, including multiple dwellings, dual occupancies, small-lot housing, and community residences. This flexibility enables developers to respond to a wide range of market demands and demographic profiles. With the Gold Coast’s population projected to grow by over 40% by 2041, driven by continued interstate migration and lifestyle appeal, the demand for varied housing typologies is expected to remain strong.
+Excellent Connectivity and Amenity Access
Strategically located just minutes from the Nerang Train Station, M1 Motorway, and major retail centres such as Nerang Mall and Earle Plaza, the site offers seamless connectivity to both Brisbane and the Southern Gold Coast. Proximity to schools, medical centres, parks, and recreational facilities enhances its attractiveness for future residents, supporting both owner-occupier and rental demand.
73 Nerang Street, Nerang is For Sale via Expressions of Interest closing Thursday 27th of November at 4:00PM (AEST).
Remember to mention you found this property on DevelopmentReady
