OFF MARKET

11 Panache Street
Molendinar QLD 4214

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 96m2
Land area: 634m2
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Property Details for 11 Panache St, Molendinar

11 Panache St, Molendinar is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 634m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
House
Year Built
1980
Floor Size
96m2
Land Size
634m2
Local Government
Gold Coast City
Lot/Plan
2/RP206223

Last Listing description (September 2022)

ALL open home Inspections Cancelled.

Located in a superb upcoming suburb and so close to about everything you can possibly think of. Tick! Tick! Tick! Kaching!
The future of this property is so bright you had better get in now or miss the proverbial boat! The property has just been beautifully renovated and will give one joy to come home to after a hard day's work!

Even after the renovations, due to the size of the land (634sq/m), this home has still not reached its full potential. Plenty of equity still to be made!! A little creativity will go a long way and make this home highly profitable for the New Home Maker or Investor in the very, very near future.

The Vendor has made the side entries to the very Large backyard easily accessible so as to provide that New Owner a "Blank Canvas" to put his/her creativity to good use ( NO trees, well except a cute dwarf mango tree and a few palms).

All the hard work has been done! Enjoy the property and let your dog/pet have the large backyard space it deserves!

The property tick all the boxes with Endless Potential - Granny Flat Concept House Extension, Large Outdoor Deck area, Swimming Pool or work on the the landscaping now or the future!

The current completed renovations feature:

* New Stone Top Kitchen with Brand new appliances like Oven, Cook-top, Range-hood, Dishwasher, Nano Coated Sink with top of the range tap ware.
* Built-ins in all 3 Bedrooms, Linen Cupboard
* Fully Renovated Bathrooms with high end Vanities and Bathroom wares
* New Ceiling Fans, Smoke Alarms, Electrical re-wire and Power Points & Switches
* Near New Air-conditioning
* New Down lights throughout the home.
* Beautiful Tiled Front & Back Entries

And much , much, more!

This property is located just behind Bunnings, Olsen Avenue and in a quiet street where nearby surrounding homes prices have been going up in leaps and bounds! Do your research!!

Location, Location, Location! Griffiths Hospital, Griffith Uni, Ashmore & Crestwood Shopping Centres, Medical Centre, Trinity Lutheran College, Aquinas College, Guardian Angels School, M1 to Brisbane and South to Coolangatta are so, so close by - A house made for those who like to be there and back in no time! No Fuss! No Traffic Jams!

You simply cannot go wrong! Will rent approx between $620 -$650 per week easy peazy due to low vacancy rate!

Call now for an inspection.

Property History for 11 Panache St, Molendinar, QLD 4214

A timeline of how this property has performed in the market
Last Sold
$800,000
05 Jun 2023
Listed for Rent
$650/w
25 Oct 2021
  • 05 Jun 2023
    Sold for $800,000
  • 04 Oct 2021
    Listed for Rent $650 / week
  • 30 Sep 2021
    Sold for $682,000
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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 11 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.

Suburb Insights for Molendinar 4214

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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.