2/5 Keats Place, Nerang QLD 4211

3-bed villa on 1.89 acres | quiet cul-de-sac | separate bath and toilet | school catchments | strong owner-occupier street This property offers something genuinely rare in Nerang,a villa with almost two acres of land in a quiet cul-de-sac where 90% of neighbours are long-term owners. The 1994 build with separate bath and toilet, walk-in pantry, and air-conditioned lounge provides practical family layout without premium finishes. It serves first-home buyers wanting space without a full house price, or downsizers trading yard maintenance for a paved courtyard with pet potential. The Nerang market supports this positioning, with high auction clearance and steady sales activity. The main risk is the 2004 purchase price being unknown and the 2025 nearby sale at $600k for a smaller unit, suggesting this villa’s value depends heavily on the land component. Buyers should verify if the 1.89 acres allows subdivision or dual occupancy,if not, the premium over standard villas narrows. Opportunity lies in holding for land appreciation in a growth corridor, or renting at median $665pw for positive cashflow. Use this property as a land bank with immediate livability.