SOLD
RECENT ADVICE
Sold on 15 Aug 2024 for $1,100,000

3 Forrest Avenue
Molendinar QLD 4214

Bedrooms: 3
Bathrooms: 2
Car spaces: 6
Land area: 910m2
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Property Details for 3 Forrest Ave, Molendinar

3 Forrest Ave, Molendinar is a 3 bedroom, 2 bathroom House with 6 parking spaces. The property has a land size of 910m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom House sold in Molendinar in the last 12 months.

Building Type
House
Land Size
910m2
Local Government
Gold Coast City
Lot/Plan
1/RP160016

Last Listing description (August 2024)

Attention to all investors and developers!

Charming low-set brick home sits on a sprawling 910m² corner block.

DA approved for subdivision plans. Lot1- 452m2; Lot2-458m2

Currently, the property features a meticulously maintained three-bedroom, two-bathroom home, perfect for first-time homeowners and savvy investors alike. Step inside to a luminous, open-plan living, dining, and kitchen area adorned with new floor tiles and equipped with sleek stainless-steel appliances. Outside, a tranquil covered alfresco patio overlooks lush private gardens, providing an inviting space for entertaining or quiet relaxation.

Convenience meets opportunity with this property's prime location. Amenities including parks, public transport, Central Park Plaza, and Trinity Lutheran College campuses are all within walking distance. Ashmore City Shopping Centre and Ashmore State School are approximately 2km away, while Griffith University and Gold Coast University Hospital are around 4km distant.

Seize the moment to reimagine and transform this property into your dream abode or capitalize on its investment and development potential.

Property Highlights:

*Low-Set Brick Home: Ripe with potential
*Expansive 910m² Corner Block: Dual access points
*Development Approval: subdivision into 2 lots, lot1- 452m2; lot2-458m2
*Ideal for Investors: Perfect for diversifying portfolios
*Open-Plan Living Area: Bright and airy with modern floor tiles
*Fully Equipped Kitchen: Featuring stainless-steel appliances
*Three Bedrooms: All with built-in robes
*Two Bathrooms: Original style, with an ensuite to the master bedroom
*Covered Alfresco Patio: Overlooking established private gardens
*Tranquil Front Gardens: Tropical setting with a water feature
*Double Garage: Plus rear parking area for up to four additional vehicles, boat, caravan, or trailer
*Secure Fencing: Colorbond fencing with a large electronic front gate and double side access gates
*Comfort Features: Reverse cycle air-conditioning and ceiling fans
*Near-New Hot Water System: Ensuring convenience
*Prime Location: Close to parks, public transport, Central Park Plaza, and Trinity Lutheran College campuses
*Proximity to Key Amenities: Approximately 2km to Ashmore City Shopping Centre and Ashmore State School, and 4km to Griffith University and Gold Coast University Hospital

Don't miss this extraordinary opportunity. Contact us today to schedule an inspection and start envisioning the endless possibilities this property has to offer.

Property History for 3 Forrest Ave, Molendinar, QLD 4214

A timeline of how this property has performed in the market
Last Sold
$1,100,000
15 Aug 2024
  • 15 Aug 2024
    Sold for $1,100,000
  • 10 Jul 2024
    Listed for Sale JUST LISTED
  • 22 Feb 2024
    Listed for Sale Not Disclosed
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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 3,418 properties. Over the last 5 years, Houses in Molendinar have seen a 82.48% increase in median value, while Units have seen a 117.59% increase. As at 31 July 2024:

  • The median value for Houses in Molendinar is $1,121,983 while the median value for Units is $629,327.
  • Houses have a median rent of $850 while Units have a median rent of $600.
There are currently 20 properties listed for sale, and 19 properties listed for rent in Molendinar on OnTheHouse. According to CoreLogic's data, 155 properties were sold in the past 12 months in Molendinar.

Suburb Insights for Molendinar 4214

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Leon Kong
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Vivienne Dong
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MATRIX GLOBAL GROUP PTY
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.