21 Reichert DriveMolendinar QLD 4214
Property Details for 21 Reichert Dr, Molendinar
Last Listing description (September 2024)
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)
- 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
- Dual driveway access to the subject property
- One of the original heavy industrial parcels for the Gold Coast precinct
- Immediate access to the Smith Street & M1 Motorway in seconds
- Operational Works Approval for Change to Ground Level & Tree Clearing for an additional 1,500-2,000m2* of usable industrial land (*approximately).
- 10-second drive to Smith Street Motorway
- 30-second drive to M1 Motorway
- 5-minute drive to Griffith University & Smith Collective
- 15-minute drive to Gold Coast beachfront
- 35-minute drive to NSW Border
- 50-minute drive to Port of Brisbane & Airport
- 55-minute drive to Brisbane CBD
- Available for the first time in over 35 years. Do not miss out!
For further information or a private inspection, please do not hesitate to contact Jackson Rameau of RWC Gold Coast on 0438 451 112.
Offered for sale via Expressions of interest, closing Thursday 18 July 2024 at 4pm (AEST).
Disclaimer:
The website may have filtered the property into a price bracket for website functionality purposes. Ray White and the agent has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty & Telern Pty Ltd trading as Ray White Commercial Gold Coast toward the recipient with regard to the use of this information and all information given is given without responsibility. *Approximately
Property History for 21 Reichert Dr, Molendinar, QLD 4214
- 31 Aug 2024Sold for $12,000,000
- 14 Jun 2024Listed for Sale Expressions of Interest Closing 18th July 2024.
- 09 Aug 2019Transferred for $2,500,000
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0About 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 68.72% increase in median value, while Units have seen a 71.13% increase. As at 28 February 2025:
- The median value for Houses in Molendinar is $1,088,957 while the median value for Units is $610,794.
- Houses have a median rent of $850 while Units have a median rent of $605.
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