FOR SALE
Expressions of Interest Closing 18th July 2024.

21 Reichert Drive
Molendinar QLD 4214

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 3602m2
Land area: 16650m2
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RARE 16,650m2 INDUSTRIAL PARCEL | RE-DEVELOP, REPOSITION or INVEST

Jackson Rameau from RWC Gold Coast presents the rare opportunity to acquire 16,650m2 of prime industrial land located at 21 Reichert Drive, Molendinar, QLD, 4214. The unique asset is one of the largest remaining industrial parcels across the Gold Coast and is For Sale for the first time in over 35 years via Expressions of Interest campaign closing at 4:00pm (AEST) on Thursday, 18 July, 2024.
- 16,650m2* industrial land parcel
- 3,602m2* of high clearance warehousing & office area (across 3 x separate buildings)
- Nearly 100 meters of street frontage
- Prime cul-de-sac access & maneuverability
- Strong existing tenants in place with 2-year WALE
- Leased to Williams Group (Southport Timbers)
- Leased also to Cel-Bar Powder Coating
- Total Income of $585,000 per annum + GST
- Two fully-fenced sites with 3-Phase Power to both tenancies
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Property Details for 21 Reichert Dr, Molendinar

Building Type
Commercial
Floor Size
3602m2
Land Size
16650m2

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About Molendinar 4214

The size of Molendinar is approximately 7.7 square kilometres. It has 15 parks covering nearly 7.2% of total area. The population of Molendinar in 2011 was 6,213 people. By 2016 the population was 6,379 showing a population growth of 2.7% in the area during that time. The predominant age group in Molendinar is 20-29 years. Households in Molendinar are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Molendinar work in a professional occupation. In 2011, 61.1% of the homes in Molendinar were owner-occupied compared with 59.9% in 2016.

Molendinar has 3,406 properties.

    There are currently 18 properties listed for sale, and 23 properties listed for rent in Molendinar on OnTheHouse. According to CoreLogic's data, 137 properties were sold in the past 12 months in Molendinar.

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