Back 58 Nerang Broadbeach Rd
Off Market

58 Nerang Broadbeach Rd

Nerang QLD 4211

4
2
2
0 m²
602 m²
House
Last sold for $1,175,000
Isaac GencIsaac Genc, last sold this property on 09 April 2026 after 87 days on market.

Overview

Exceptional Opportunity in a Central Nerang Location

High-Yield Investment Opportunity in a Prime Gold Coast Location Positioned in a highly accessible and high-demand rental corridor, this property presents a rare opportunity to secure a strong cash-flow investment with multiple income streams in the heart of Narang. Configured for co-living and multi-room rental, the property is ideally suited to investors seeking immediate returns with further upside potential. Property Overview Proven Existing Rental Income The property is currently generating approximately $860 per week from three tenants, demonstrating strong and consistent rental demand. Current Rental Breakdown: • Room 1 – $250/week • Room 2 – $250/week • Studio-style room (private bathroom & kitchen) – $360/week Additional rooms are available to further increase income. Estimated Rental Potential • Estimated rental return: $250 – $300 per room/week • Significant scope to increase overall yield Estimated Annual Expenses (Based on historical records) • Electricity: ~$2,190 • Water: ~$2,995 • Council Rates: ~$2,114 Why This Property Stands Out • Multiple income streams from a single asset • Existing rental income already established • Strong cash-flow investment potential • Flexible layout ideal for co-living or room-by-room leasing • Opportunity to further increase returns • Consistently high tenant demand in the area Location Highlights • Close to Griffith University Gold Coast Campus • Minutes to Narang Train Station • Easy access to the M1 for Brisbane and Gold Coast connectivity • Short drive to Surfers Paradise and world-class beaches This is a rare opportunity to secure a high-performing investment in one of the Gold Coast's most accessible and growth-oriented locations. 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. * denotes approximate measurements.

Features

4 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
0 m² floor area
602 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Nerang over the last 12 months, the estimated median property value of 58 Nerang Broadbeach Rd is $1.16m.

Median value
$1.16m
Estimated value range
$840k - $1.95m
Median days on market
28
Estimated value trend
21%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Nerang. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 58 Nerang Broadbeach Rd

2026
Sold
$1,175,000
09 Apr 2026 by Isaac Genc, of Harcourts Property Hub
2022
Sold
Undisclosed
03 Jun 2022 by Andrew Hudson, of Harcourts Innovations
2021
Sold
$575,000
Private Sale/Treaty on 11 Feb 2021 by Michael Peters, of Black & White Estate Agents Pty Ltd

Happy sellers in Nerang

93%
93% of sellers in Nerang reported that their sale price either exceeded or met their price expectations.

Nerang stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 85 reviews in Nerang over the last 12 months.

Local market activity for 4 bedroom houses in Nerang

In the last 12 months, 74 four-bedroom houses similar to 58 Nerang Broadbeach Rd, have been sold.

This represents a 18% decrease in four-bedroom houses sales when compared to the previous 12 months.

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