FOUR-UNIT COMPLEX AT NERANG SOLD

A SYDNEY investor has snapped up a four-unit complex in Nerang at auction for $1.79 million.

The 19 Jay Gee Court property, which has a net lettable area of 1084sq m, was offloaded by Cameron and Glenis Wood, who had held the property since 1990.

Marlon Crawford and Pat Cavanagh, of Colliers International’s Gold Coast office, were the marketing agents. Mr Crawford said the property attracted 50 inquiries during the marketing campaign and seven registered bidders on auction day.