Sold
21/86 Lawrence Drive,
Nerang 4211, Queensland
$570,000
Property details
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Agents
Great Investment Opportunity in the Heart of Nerang
Located in a well-maintained complex with a sparkling in-ground pool, this low-maintenance, north-facing townhouse presents the perfect opportunity for investors looking to secure a strong return in a high-demand rental area. Positioned in the thriving suburb of Nerang, this property offers both convenience and comfort, all within minutes of major transport links, schools, shopping centres, and the Gold Coast hinterland.
Currently leased at $520 per week until August 2025, this property delivers consistent income from day one. It's an ideal "set and forget" investment with a great tenant already in place, low annual body corporate fees, and modern comforts like split system air-conditioning, NBN connectivity, and ceiling fans throughout. It's neat, functional, and full of potential for future upgrades.
Whether you're looking to grow your property portfolio, enter the market with a high-performing rental, or secure a future home in a central Gold Coast location, this is an opportunity not to be missed. With all the essentials covered and located in a quiet yet connected complex, 21/86 Lawrence Drive offers a smart blend of lifestyle and long-term value.
Property Features:
• House Size: Approx. 80sqm
• Year Built: 1984
• Tenanted Until 16/08/2025 at $520 per week
• Body Corporate Fees: Approx. $70 weekly
• Council Rates: Approx. $1,395 biannually
• Water Rates: Approx. $282 quarterly + share of water usage (shared meter)
• North Facing aspect - warm and bright all year round
• Split System Air Conditioning & Ceiling Fans Throughout
• Electric Cooktop & Electric Hot Water System
• Single Lock-Up Garage plus additional off-street parking
• NBN & 5G Internet Available
• Access to Complex Pool - perfect for summer
• Ceiling Height: Approx. 2.4m
Important: Whilst every care is taken in the preparation of the information contained in this marketing, Ray White will not be held liable for the errors in typing or information. All information is considered correct at the time of printing.
Disclaimer: This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Explore the area
School catchments
- Nerang State School Primary Prep-6 Government 1.1km
- Australian International Islamic College - Carrara Campus Combined Independent 1.2km
- Mastery Schools Australia Combined Independent 1.3km
- Nerang State High School Secondary 7-12 Government 1.9km
- William Duncan State School Primary Prep-6 Government 2.3km
- Trinity Lutheran College Combined Prep-12 Independent 2.4km
- Trinity Lutheran College (Cotlew Street Campus) Primary Independent 2.8km
- St Brigid's Catholic Primary School Primary Prep-6 Catholic 2.8km
- Worongary State School Primary Prep-6 Government 3.0km
- Emmanuel College Combined Prep-12 Independent 3.3km
- Ashmore State School Primary Prep-6 Government 3.5km
- Benowa State High School Secondary 7-12 Government 4.3km
- Aquinas College Secondary 7-12 Catholic 4.3km
- St Kevin's School Primary Prep-6 Catholic 4.5km
- Guardian Angels' Catholic Primary School Primary Prep-6 Catholic 4.5km
- Benowa State School Primary Prep-6 Government 4.6km
- Queensland Academy for Health Sciences Secondary 10-12 Government 4.8km
- Bellevue Park State School Primary Prep-6 Government 4.9km
- Keebra Park State High School Secondary 7-12 Government 5.3km
- Silkwood School Combined Prep-12 Independent 5.5km
- St Michael's College Secondary 7-12 Catholic 5.8km
- Pacific Pines State High School Secondary 7-12 Government 6.4km
- The BUSY School - Southport Campus Secondary Independent 6.5km
- Southport State High School Secondary 7-12 Government 6.6km
- The Southport School Combined Prep-12 Independent 6.7km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.
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