SOLD
Sold on 30 Jun 2024 for $760,000

25 Industrial Avenue
Molendinar QLD 4214

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 258m2
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Property Details for Lot 6/25 Industrial Ave, Molendinar

Building Type
Commercial
Land Size
258m2
Local Government
Gold Coast City
Lot/Plan
6/SP293200

Last Listing description (June 2024)

Emilio Ciavarella is pleased to present to the market for its consideration this outstanding industrial and showroom asset. Offer to the market for sale by Expression of Interest.

Secure one of the best Industrial investments on the Gold Coast in a highly desirable location.

Located in the middle of the Molendinar Industrial Precinct

$41,000 Net income
Construction and fit out to the highest of standards
New building only 8* years old
258*m2 Total Net Lettable Area
3* allocated car parks
8* Metre high ceiling with mezz and 6* metre roller door
Air-conditioned office with carpets
High clearance roller door and warehouse
Toilet facilities downstairs + Kitchenette
Easy access to Southport Nerang Road, Gold Coast Highway & other major arterial roads
Only minutes from the M1 Pacific Motorway

For more information please contact Emilio Ciavarella

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, advice or as is otherwise necessary. No duty of care is assumed by 'The Collective Commercial Pty Ltd' trading as Ray White Commercial Broadbeach towards the recipient with regard to the use of this information and all information given is given without responsibility. Visit Ryan Langham Commercial Real Estate for tips on Gold Coast Commercial Real Estate Gold Coast, Burleigh Heads Commercial Real Estate, Burleigh Waters Commercial Real Estate, Carrara Commercial Real Estate, Coolangatta Commercial Real Estate, Currumbin Commercial Real Estate, Tweed Heads Commercial Real Estate, Helensvale Commercial Real Estate, Arundel Commercial Real Estate, Biggera Waters Commercial Real Estate, Bundall Commercial Real Estate, Gold Coast property or any of the following suburbs to know more about the commercial market in these areas: Advancetown, Alberton, Arundel, Ashmore, Austinville, Benowa, Biggera Waters, Bilinga, Bonogin, Broadbeach, Broadbeach Waters, Bundall, Burleigh Heads, Burleigh Waters, Carrara, Cedar Creek, Clagiraba, Clear Island Waters, Coolangatta, Coombabah, Coomera, Currumbin, Currumbin Waters, Currumbin Valley, Elanora, Gaven, Gilberton, Gilston, Guanaba, Helensvale, Highland Park, Hope Island, Hollywell, Jacobs Well, Kingsholme, Labrador, Lower Beechmont, Luscombe, Main Beach, Maudsland, Mermaid Beach, Mermaid Waters, Merrimac, Miami, Molendinar, Mount Nathan

Property History for Lot 6/25 Industrial Ave, Molendinar, QLD 4214

A timeline of how this property has performed in the market
Last Sold
$760,000
30 Jun 2024
Listed for Rent
$45k/w
25 Oct 2023
  • 30 Jun 2024
    Sold for $760,000
  • 08 Apr 2024
    Listed for Sale Expression of Interest
  • 29 Oct 2018
    Sold for $570,000
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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 3,399 properties. Over the last 5 years, Houses in Molendinar have seen a 79.07% increase in median value, while Units have seen a 88.55% increase. As at 30 September 2024:

  • The median value for Houses in Molendinar is $1,143,066 while the median value for Units is $639,572.
  • Houses have a median rent of $850 while Units have a median rent of $605.
There are currently 18 properties listed for sale, and 11 properties listed for rent in Molendinar on OnTheHouse. According to CoreLogic's data, 153 properties were sold in the past 12 months in Molendinar.

Suburb Insights for Molendinar 4214

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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.