58 Nerang-Broadbeach Road, Nerang QLD 4211

Property Details: • Type: House

• Bedrooms: 5 • Bathrooms: 3

Description: 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 5 Bedrooms | 3 Bathrooms | Multi-Room Configuration Currently set up to accommodate up to 7 rentable rooms, this versatile property allows for a room-by-room rental strategy, maximizing yield and flexibility. 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 Up to 7 rentable rooms 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. For further information or to arrange a private inspection, please contact: Frank Kasikci Harcourts 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.