SOLD
Sold on 27 May 2024 for $16,500,000

385 Nerang Road
Molendinar QLD 4214

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 17740m2
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Property Details for 385 Nerang Rd, Molendinar

Building Type
Land
Land Size
17740m2
Local Government
Gold Coast City
Lot/Plan
5/WD6660

Last Listing description (January 2024)

Located in the epicentre of the Molendinar industrial precinct, 'The Assembly' benefits from high-exposure to Southport-Nerang Road and a direct connection to the M1 Motorway. The Assembly has been architecturally designed to provide a unique and inspiring canvas for you and your business or personal needs .

10 Enterprise warehouses, 25 Maxi warehouses, 69 Mini warehouses
Warehouses ranging in size from 36m* to 234m*

Designed for convenience and modern life
24/7 access, CCTV security, fully secured gated complex
Drive through access via front and rear roller doors for select warehouses
External wash and vacuuming bays located on site to wash cars and toys
High visibility with over 30,000* cars passing daily
7* mins to the Pacific Motorway, 12* mins to Southport CBD & 15* mins to Surfers Paradise
Surrounded by national brands such as Bunnings, Supercheap Auto and Ultratune

*Approximately

For more information, please contact Michael Willems on 0412 240 176 or Jackson Rameau on 0438 451 112 today!

Disclaimer:
Ray White 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 trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.

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Property History for 385 Nerang Rd, Molendinar, QLD 4214

A timeline of how this property has performed in the market
Last Sold
$16,500,000
27 May 2024
  • 27 May 2024
    Sold for $16,500,000
  • 24 Jun 2021
    Sold for $7,535,000
  • 06 Nov 2018
    Sold for $7,150,000
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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 10 properties listed for sale, and 19 properties listed for rent in Molendinar on OnTheHouse. According to CoreLogic's data, 152 properties were sold in the past 12 months in Molendinar.

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