2 Mitchell Avenue, Molendinar, Qld 4214 - More Details
Auction
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.
At the rear, a private and self contained granny flat offers versatile options from a teenagers retreat or guest suite to a dedicated home office, the options are endless. The granny flat has its own entry for privacy and convenience, enhancing both liveability and income potential.
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. In the meantime, the existing dual living configuration delivers immediate rental potential and a clear path to future upside.
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.
- Type
- House
- Bedrooms
- 5
- Bathrooms
- 2
- Parkings
- 2
- Area
- 708 m²
