FOR SALE
EOI closing Thursday 14th March 2024 at 4pm AEST.

385 Southport Nerang Road & 4 Industrial Avenue
Molendinar QLD 4214

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 3421m2
Land area: 23952m2
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Trophy Offering For Sale, Together or Separately - Major Development Upside, Strong Holding Income

RWC Gold Coast and Colliers proudly present 385 Southport Nerang Road and 4 Industrial Avenue, Molendinar QLD as a combined land offering for sale via Expressions of Interest Closing March 14th at 4pm AEST.
The property is arguably one of the Gold Coast's best development sites due to its prominent position bordering the busy Nerang Road and Industrial Avenue, Molendinar. This rare redevelopment opportunity is positioned between the M1 Motorway, Southport CBD, and the coastline. With a combined land area of 2.395ha* and a large existing industrial building on site, this combined offering is ideal for an array of different future uses.
Key features include:
• For Sale as a combined parcel or individually
• Combined land parcel has 23,952m2* of prime industrial land across two titles
• 385 Southport Nerang Road, Molendinar has 17,740m2* of land with short-term hardstand leases in place
• 4 Industrial Avenue, Molendinar has 6,212m2* of land and 3,421m2* freehold industrial building
• The premises has an operational overhead crane SW.L 25. OT
• Current combined net income of $1,343,838.95* per annum + GST + Outgoings
• Projected combined net income (if fully leased) of $1,398,438.95* per annum + GST + Outgoings
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Property Details for 385 Southport Nerang Road & 4 Industrial Avenue, Molendinar

Building Type
Commercial
Floor Size
3421m2
Land Size
23952m2

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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 3,409 properties. Over the last 5 years, Houses in Molendinar have seen a 72.07% increase in median value, while Units have seen a 84.55% increase. As at 30 November 2024:

  • The median value for Houses in Molendinar is $1,101,458 while the median value for Units is $610,622.
  • Houses have a median rent of $850 while Units have a median rent of $630.
There are currently 10 properties listed for sale, and 19 properties listed for rent in Molendinar on OnTheHouse. According to CoreLogic's data, 150 properties were sold in the past 12 months in Molendinar.

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Michael Willems
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Jackson Rameau
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RWC Gold Coast
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