2 Mitchell Avenue
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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
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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 Shop — 243 m away
- Unnamed — 240 m away
- Lynne Richardson Community Centre — 360 m away
- Silver Bridle Park — 448 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
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full Molendinar marketThis listing
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