20 Birribi Avenue, Nerang QLD 4211

Dual Occupancy Renovator - Sale by Tender - Offers Over $750,000 considered

Nestled on a big level block beside the Nerang River and close to the CBD with two homes on one title under one roofline and with long term tenants, presently returning $900 per week.
3 bedrooms and 2 bedrooms, each metered separately, making it an ideal investment and easy to convert back to one large home if needed. Great value!

Home 1: Tenanted at $380p.w
• Two Bedrooms; en-suite and walk through robe to main
• Upstairs lounge with study nook and balcony
• Open kitchen adjoining large dining and family area downstairs with powder room and shower
• Air conditioning
• Double carport plus low maintenance covered front patio area
• Lot Area approx. 192m2 - Two story dwelling

Home 2: Tenanted at $520p.w
• Three Bedrooms
• Main Bathroom and laundry
• Open plan living, high pitched ceilings and air conditioning
• Huge tri-steel LU work shed and covered outdoor living area
• Lot Area approx. 780m2 - SIngle level dwelling

• Updated Rental Appraisal - $450 + $600 = $1050 per week
If renovated, potential return would increase significantly.

Land and Location:
• Large level 972m2 lot overlooking Nerang River
• The property is NOT in a floodplain, please refer to local government overlay maps in link
• Short walk to Nerang CBD, schools, parks and all town facilities

A brilliant investment!

Viewings available at our scheduled Open Houses every week until sold.

Building and Pest Report Available on request contact Andrew

For Sale by Tender - Seller will accept the best offer with the least conditions.
Cut-off Date for Expressions of Interest : Wednesday 4th January at 12pm.

Disclaimer: All the information provided to you in our marketing material, has been sourced from third parties, and effort has been made to ensure the accuracy and thoroughness, please note we cannot guarantee the accuracy of the information provided by our Vendors, and as such, Raine and Horne Coomera makes no statement, representation or warranty, and assumes no legal liability in relation to the accuracy of the information provided. Interested parties should conduct their own due diligence in relation to each property they are considering purchasing. All photographs, maps, and images are representative only, for marketing purposes.