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2 Mitchell Avenue, Molendinar$1.20m
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Soldhouse

2 Mitchell Avenue

Molendinar, QLD 4214, Australia
$1.20m
4 bed 2 bath 2 car708 m²

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About this property

Sellers have purchased elsewhere, property will be sold! Whether you're an investor seeking holding income with redevelopment potential, or a buyer seeking flexible living arrangements with strong long term value, this Molendinar home offers both current return and future opportunity. Set on a quiet Molendinar street at the end of a Cul de sac, this 708 Sqm property hosts dual living on a Residential A zoned block. Delivering a refined investment opportunity with immediate income and meaningful redevelopment potential. The main residence presents a comfortable 4 bedroom layout, two living areas, and a kitchen and dining space, all flowing to a welcoming indoor/outdoor living that suits both everyday family life and formal entertaining. The backyard offers a private and inviting retreat, featuring beautifully maintained gardens that create a peaceful outdoor setting. There is also a versatile mancave/shed that provides the perfect space for a workshop, storage, or relaxed entertaining area, adding both lifestyle appeal and practicality to the home. The property is also equipped with a range of practical and energy efficient features, including a 5,000 litre water tank to support the gardens, brand new pumps, and a recently installed 3kW GoodWe solar power system (just 3 months old), with the current owners noting they haven't paid an electricity bill since installation. Additionally, a 410 litre solar hot water system further enhances the home's efficiency and long term cost savings. The property's position in a sought after Gold Coast pocket ensures easy access to shops, schools, parks, and dining. Beaches and major transport routes are within a short drive, adding to the property's long term appeal. Zoning and development notes: This property is on Residential A land, typically supporting low to mid density residential uses. It presents a strong knockdown or redevelopment opportunity for investors or developers, subject to Gold Coast City Council approvals and planning constraints. For inspections and more details, contact Tom and Gina today to arrange a viewing. "The furniture and décor shown in some of these images are digitally staged and do not reflect the actual furnishings in the property." Prospective purchases should make their own enquiries to verify the information contained herein. Disclaimer: Due to QLD legislation a price guide cannot be provided. Any filtering by the website is for functionality purposes only and is not a price indication. We have in preparing this information used our best endeavour 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 vendors, purchasers & tenants should make their own enquiries to verify the information contained herein.

Property Details

Property Type
house
Listing Type
Sold
Bedrooms
4
Bathrooms
2
Parking
2
Land Area
708 m²
Listed
3 months ago

Repayment calculator

$5,827/month
$2,914 /fortnight
Loan $961,600 at 6.10% over 30 years

Upfront costs

Deposit$240,400
Stamp duty$49,640
Conveyancing (est.)$2,000
Total upfront$292,040
Verify with QLD revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Molendinar

This 4-bedroom house in Molendinar, QLD 4214 sits within reach of public transport, local shops local amenities. It is listed 7% below the $1.29m median of 52 comparable houseswithin 5 km.

What's nearby

  • Mitchell Ave near Sturt St (bus)189 m away
  • BP Shop243 m away
  • Unnamed240 m away
  • Lynne Richardson Community Centre360 m away
  • Silver Bridle Park448 m away

Molendinar at a glance

Full suburb profile
Population
6,450
Median age
37
Household income
$1,767/wk
Median rent
$450/wk
Median mortgage
$1,850/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Molendinar price trend

Median sold · House 4 bed

Compound growth +6.9% / yr over 4 yrs

$1.26mcurrent median

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