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Sold on 26 Sep 2024 - Price Unavailable

8 Production Avenue
Molendinar QLD 4214

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4819m2
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Property Details for 8 Production Ave, Molendinar

Building Type
Commercial
Land Size
4819m2
Local Government
Gold Coast City
Lot/Plan
1/SP304092

Last Listing description (December 2024)

Jared Johnson & Taylor Jones from Coastal Commercial are excited to offer an outstanding opportunity to secure a modern Industrial warehouse in the central Gold Coast. An industrial asset this size is exceptionally hard to come by. The property is extremely well designed, has excellent carparking options, a rear yard with container storage & includes 2x 5 tonne gantry cranes. This is an opportunity for a savvy investor to capitalise on the record low vacancy rate in the immediate area or an owner occupier looking to occupy a blue-chip industrial building. Watch the video for a virtual tour.

The sellers are extremely motivated and will entertain all cash unconditional offers.

The property offers the below rarely offered attributes:

Featuring 651m2 of clear span warehousing including air-conditioned office
High end office situated above car parks that does not interfere with warehouse
Concreted rear yard with container storage
2x Industrial height roller doors
2x 5 Tonne gantry crane
Highly functional & perfect rectangular shape
Well designed & quality constructed concrete tilt panel building
Pedestrian entry and foyer
High clearance, clear span warehouse
9x Secure onsite parking (4x undercover)
Low outgoings
Fully fenced, low maintenance asset
Extremely low vacancy rates in suburb
Abundance of natural light
Ground floor bathroom
First floor bathroom
Kitchenette
Three phase power

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

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Property History for 8 Production Ave, Molendinar, QLD 4214

A timeline of how this property has performed in the market
Last Sold
26 Sep 2024
  • 05 Dec 2024
    Listed for Sale Contact Agent
  • 26 Sep 2024
    Sold

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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, 150 properties were sold in the past 12 months in Molendinar.

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