SoldJun 24, 2025

1/49 Rivergum Dr, Nerang, QLD, 4211

$700,575

3
1
1

Duplex

20 days on the market

Sold: Jun 24, 2025

What's around 1/49 Rivergum Dr

Investor Alert Renovator Opportunity with Tenants in Place

If you can't make the Open House, One-On-One Inspections are available at a time to best suit you and your schedule. Located in a quiet, family-friendly street, this solid three-bedroom duplex offers immediate rental income with strong potential for future capital growth. Perfect for investors or renovators, it presents a rare opportunity to unlock value through smart updates over time. Inside, the home features a practical, low-maintenance layout with tiled flooring in the living areas and timber floors in all three bedrooms. Each bedroom is equipped with ceiling fans, and the main living space is serviced by a split-system air conditioner to ensure year-round comfort. The kitchen is in original condition, complete with an electric oven, four-burner cooktop, range hood, double sink, and laminate benchtops a blank canvas for modern renovation. The original bathroom includes a convenient Jack-and-Jill design and a built-in bath, catering well to families. Key Features: · Three bedrooms with timber floors and fans · Tiled floors throughout the living and kitchen area with a split-system air conditioner · Original kitchen with electric cooking and double sink · Jack-and-Jill bathroom with bath · Single lock-up garage with internal laundry · Electric hot water system · Generous fully fenced yard with secure Colorbond and timber fencing · Side access · Brick and Tiled roof · Tenants in place · Good rental return With tenants already in place and plenty of scope to enhance both liveability and value, this is a smart entry-level investment for those looking to add a solid, income-generating asset to their portfolio and capitalise on future growth. We welcome you to schedule a personalised inspection of this property at your convenience. Simply give us a call to arrange your private viewing. *Floor Plan available on request From all of us at Johnson Real Estate, we extend our best wishes for your success in finding your perfect home. We look forward to hearing from you soon!

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