SOLD
Sold on 05 Jun 2024 for $2,140,000

1/19 Export Drive
Molendinar QLD 4214

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 534m2
Land area: 436m2
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Property Details for 1/19 Export Dr, Molendinar

Building Type
Commercial
Floor Size
534m2
Land Size
436m2
Local Government
Gold Coast City
Lot/Plan
1/SP167849

Last Listing description (July 2024)

Jared Johnson & Lachlan Marshall from Coastal Commercial are excited to offer an outstanding opportunity to secure a modern Industrial duplex in the central Gold Coast. Duplex style Industrial properties are extremely hard to come by. The property is extremely well designed & fully fenced from the neighbouring tenancy. This is an opportunity for a savvy investor to capitalise on the record low vacancy rate in the immediate area or an owner occupier that is happy to collect rent while waiting to occupy a blue-chip industrial building. Watch the video for a virtual tour.

The sellers are extremely motivated and will entertain all cash unconditional offers prior to Auction. If not sold prior, the property will be sold via Public Auction 11:00am on Wednesday the 5th of June at Coastal Commercial office. Level 1/16 Queensland Avenue, Broadbeach.

THE PROPERTY IS AVAILABLE TO INSPECT EVERY THURSDAY LEADING UP TO THE AUCTION 11:00am-11:45am


The property offers the below rarely offered attributes:
Featuring 439m2 of clear span warehousing including air-conditioned office
Office accommodation situated above car park and does not interfere with warehouse
Currently tenanted by popular tenant 'Odin Ice Baths'
$95,830.82 per annum + GST + Outgoings
Tenant pays 100% of outgoings (including land tax & management fees)
Highly functional & perfect rectangular shape
Well designed & quality constructed concrete tilt panel building
High clearance, clear span warehouse
Rear roller door to Concreted, undercover rear yard
8x Secure onsite parking (2x undercover)
Low outgoings
Fully fenced, low maintenance asset
Extremely low vacancy rates in suburb
Abundance of natural light
Toilet & Kitchenette
Three phase power

* Disclaimer: This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes. We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracy or misstatements that may occur. Prospective purchases should make their own enquiries to verify the information contained herein.

Property History for 1/19 Export Dr, Molendinar, QLD 4214

A timeline of how this property has performed in the market
Last Sold
$2,140,000
05 Jun 2024
Listed for Rent
$1.38k/w
21 Apr 2022
  • 02 Jul 2024
    Listed for Sale AUCTION 5TH JUNE 11AM
  • 05 Jun 2024
    Sold for $2,140,000
  • 11 Feb 2022
    Listed for Rent - Price not available
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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 3,399 properties. Over the last 5 years, Houses in Molendinar have seen a 79.07% increase in median value, while Units have seen a 88.55% increase. As at 30 September 2024:

  • The median value for Houses in Molendinar is $1,143,066 while the median value for Units is $639,572.
  • Houses have a median rent of $850 while Units have a median rent of $605.
There are currently 18 properties listed for sale, and 11 properties listed for rent in Molendinar on OnTheHouse. According to CoreLogic's data, 153 properties were sold in the past 12 months in Molendinar.

Suburb Insights for Molendinar 4214

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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.