SOLD
RECENT ADVICE
Sold on 06 Feb 2024 for $700,000

5/11 Expansion Street
Molendinar QLD 4214

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 189m2
Land area: 147m2
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Property Details for 5/11 Expansion St, Molendinar

Building Type
Commercial
Floor Size
189m2
Land Size
147m2
Local Government
Gold Coast City
Lot/Plan
5/SP141636

Last Listing description (February 2024)

Jackson Rameau and Josh Cameron from RWC Gold Coast are pleased to present 5/11 Expansion Street, Molendinar QLD. This industrial opportunity is located in one of the Gold Coast's most sought-after industrial precincts providing owner occupiers and passive investors with endless possibilities!

Key features include:
- 189m2* of gross lettable area (147m2 ground floor area)

- 2 exclusive car spaces + 6 visitor car spaces
- Ideal for business or personal man-cave use!
- Glass sliding pedestrian door to front office area
- Industrial-height electric roller door with remote access
- New exclusive amenities with high quality finishes
- High-end bathroom and kitchenette
- Storage area underneath staircase
- Vinyl mezzanine flooring with balustrade
- LED lighting + high clearance throughout
- Huge signage potential on facade
- Tilt-panel modern construction
- Zoned low-impact industry
- Vacant possession + GST sale
- Welcoming all cash offers!
- Do not miss this opportunity, it will be sold!

Approximate travel time to the following:
- 2mins* to Southport-Nerang Road
- 4mins* to M1 Pacific Motorway
- 6mins* to Ashmore City Shopping Centre
- 6mins* to Bunnings
- 15mins* to Southport CBD
- 60mins* to Brisbane Airport

For more information or to arrange a private inspection, please contact The Jackson Rameau Team on 0438 451 112.

Disclaimer:
The website may have filtered the property into a price bracket for website functionality purposes. 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. *Approximately

Property History for 5/11 Expansion St, Molendinar, QLD 4214

A timeline of how this property has performed in the market
Last Sold
$700,000
06 Feb 2024
  • 24 Jan 2024
    Sold for $700,000
  • 17 Nov 2023
    Listed for Sale Auction - Thursday 7th December 2023 at 11am
  • 26 May 2011
    Sold for $337,700
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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 3,398 properties. Over the last 5 years, Houses in Molendinar have seen a 73.14% increase in median value, while Units have seen a 90.51% increase. As at 31 October 2024:

  • The median value for Houses in Molendinar is $1,102,619 while the median value for Units is $654,436.
  • Houses have a median rent of $850 while Units have a median rent of $650.
There are currently 13 properties listed for sale, and 12 properties listed for rent in Molendinar on OnTheHouse. According to CoreLogic's data, 154 properties were sold in the past 12 months in Molendinar.

Suburb Insights for Molendinar 4214

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Contact agent
Jackson Rameau
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Josh Cameron
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RWC Gold Coast
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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.