SOLD
Sold on 14 Mar 2024 for $2,600,000

26 Activity Crescent
Molendinar QLD 4214

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 420m2
Land area: 2100m2
Sold By
Commercial 1 Gold Coast
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Property Details for 26 Activity Cres, Molendinar

Building Type
Commercial
Floor Size
420m2
Land Size
2100m2
Local Government
Gold Coast City
Lot/Plan
408/WD5306

Last Listing description (April 2024)

Commercial 1 is proud to present an exceptional industrial property located in the highly coveted and central hub of the Molendinar Industrial area, this property is a rare gem that promises holding income or potential future redevelopment opportunity.

* Central Location: Situated in the heart of Molendinar, the property enjoys easy access to all major highways and arterial roads. Just minutes away from the Smith Street Motorway and M1 Motorway, this property is strategically positioned for seamless connectivity.

* Boasting an expansive land area of 2100sqm*: the property offers ample space for various industrial purposes. The potential is limitless, whether you're looking to expand your existing business or exploring new investment avenues or hold for future redevelopment.

* Two Metal Clad Warehouses totalling approximately 673sqm: The property features two metal-clad warehouses, Concrete sealed driveways and fully fenced for your piece of mind.

* Tenancy A - size 384sqm* - includes an air conditioned office, kitchen and own toilet amenities, 3 under roller doors and ample parking.

* Tenancy B - size - 289sqm* - includes an office with its own amenities, 2 roller doors and ample car parking.

* These versatile structures provide ample room for storage, manufacturing, distribution and more.

* Great Truck and Container Access: This property offers outstanding truck and container access, making logistics a breeze. Streamline your operations with the ease of loading and unloading.

* Fully Fenced and Secure: Rest easy knowing that this property is fully fenced and secure, providing a safe environment for your assets and operations.

* Long-Term Tenants in Place: This is not just an investment opportunity; it's a ready-made income stream! The property is currently leased to long-term tenants, ensuring a consistent cash flow from day one (contact the agents for more information).

* Investment Potential: The Gold Coast is a rapidly growing region with increasing demand for industrial properties. This property presents an incredible potential, allowing you to benefit from both steady rental income and potential future appreciation.

Contact Exclusive Agents Today!

Don't miss out on this golden opportunity to own your piece of the Gold Coast's industrial landscape. Inspections are strictly by appointment only.

* Approximately

Commercial 1 Gold Coast Pty Ltd, including all of its officers, employees and/or consultants ("Us/We") will from time to time provide recipients ("you") with information in respect of the property or any matter related to the property ("Information"). We make no representation or guarantee as to the completeness or accuracy of the Information. You should satisfy yourself as to the accuracy and completeness of the Information. The Information should not be relied upon by you and you should make your own enquiries as to the accuracy and completeness of the Information, including obtaining your own legal advice in respect of the Information and the property. We do not accept any liability (direct or indirect) for any injury, loss, claim, damage or any incidental or consequential damages, including but not limited to, lost profits or savings, arising out of, or in any way connected with, the use of any Information, or any error, omission or defect in the Information.

Property History for 26 Activity Cres, Molendinar, QLD 4214

A timeline of how this property has performed in the market
Last Sold
$2,600,000
14 Mar 2024
  • 14 Mar 2024
    Sold for $2,600,000
  • 24 Aug 2023
    Listed for Sale Expressions of Interest closing 28 September 2023
  • 22 Jun 2007
    Sold for $800,000
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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 3,418 properties. Over the last 5 years, Houses in Molendinar have seen a 84.25% increase in median value, while Units have seen a 97.86% increase. As at 31 August 2024:

  • The median value for Houses in Molendinar is $1,162,230 while the median value for Units is $639,514.
  • Houses have a median rent of $850 while Units have a median rent of $605.
There are currently 24 properties listed for sale, and 18 properties listed for rent in Molendinar on OnTheHouse. According to CoreLogic's data, 155 properties were sold in the past 12 months in Molendinar.

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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.