Nerang warehouse sells for $300,000

A newly refurbished warehouse in the Gold Coast suburb of Nerang has sold pre-auction for $300,000.

The 3/21 Lawrence Drive building has a 148 sqm building area along with a 35 sqm approved office mezzanine.

It was one of five units in the complex.
 
The property was sold by Ray White Commercial Gold Coast agents Jared Johnson and Lachlan Marshall.
 
Mr Johnson said the seller, who owns and runs his own local fridge panel installation company, was an owner occupier looking to downsize.
 
“The buyer is an owner occupier looking to upsize from his current space rented in Burleigh."

He owns and runs Pratley Guitars, a local guitar designer and manufacturer, he said.
 
“We had an influx of interest from small businesses looking to purchase a property rather than renting.
 
“The asset was available as vacant possession.”

It was strategically positioned on one of Nerang’s busiest streets, with easy access to the M1 Pacific Motorway, from both the northbound and southbound entry points.
 
It provides an industrial height roller.