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62 Panache Street, Molendinar, Qld 4214

$1,000,000 Buyers

House

Type

Bedrooms

Bathrooms

Parkings

608 m²

Area

Last updated on Monday, July 06, 2026 ( See property details for 62 Panache Street, Molendinar, Qld 4214)

$1,000,000 Buyers

Tyler Smith Sales & Marketing Consultant

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Orla Jensen Director & Licensee

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A solid brick 3-bedroom home on a spacious 608m² flat block in Molendinar, offering excellent renovation potential and immediate rental income.

🏡 Property Highlights

Solid brick construction with good bones for renovation
Generous 608m² flat, usable land perfect for extensions or a pool
Currently leased at $700 per week until October 2026, providing immediate income
Located in Molendinar, a high-demand suburb with proven growth
Potential for significant equity through renovation or development
Close to amenities and with easy access to local infrastructure

✨ Key Features

Built-in Robes
Outdoor Area
Garage
Open-Plan Living
Waterfront / Views
Security Screens / Gates
Fly Screens
NBN / High-Speed Ready
Extra Storage (Shed/Linen)
Pet-Friendly

Suburb and Property Insights of Molendinar, QLD 4214

Molendinar is a thriving suburb with strong growth prospects, offering excellent amenities, convenient transport links, and a family-friendly community. It has experienced consistent rental and property value increases, making it an ideal location for investors and owner-occupiers alike. The area boasts a range of schools, parks, and shopping centres, ensuring a convenient lifestyle. With ongoing development and high demand, Molendinar presents a prime opportunity to build equity and enjoy a vibrant community atmosphere.

Frequently Asked Questions

What is the condition of the property and what renovations are needed?

The property has solid brick walls and good bones, making it suitable for renovation. Specific updates can be tailored to your preferences, and a detailed inspection is recommended.

What are the zoning and development restrictions for this property?

Zoning details can be confirmed with the local council; currently, the land is flat and suitable for extensions or potential development, subject to approval.

Are there any known issues or defects with the property?

Based on available information, the property appears structurally sound, but a professional building inspection is advised prior to purchase.

What are the ongoing costs associated with the property?

Annual rates are approximately $1,436.24, with water charges around $440.03 per quarter. Other costs include insurance and maintenance.

Is the property suitable for investment or long-term hold?

Yes, with a current lease until October 2026 and strong rental demand in Molendinar, it offers both immediate income and long-term growth potential.

What to ask about this property to agent?

Are there any planning or zoning restrictions that could limit future renovations or development? Has a recent building and pest inspection been conducted, and are there any issues to be aware of? Are there any easements, covenants, or encumbrances on the property that could affect use or development? What are the potential costs for future upgrades or repairs not covered in the current condition? Is there any history of flooding or bushfire risk in this area that could impact the property? Are there any upcoming infrastructure projects or developments nearby that could affect the property’s value or livability? What are the strata or body corporate considerations if applicable? Are there any restrictions on adding a pool or extending the outdoor area? Is the current lease agreement with the tenant transferable or negotiable? Are there any local noise, construction, or neighbour issues that could impact living or investment prospects?

62 Panache Street, Molendinar, Qld 4214 - More Details

$1,000,000 Buyers

Whether you're a savvy investor looking for a rental in a suburb with proven growth, or an owner occupier ready for a renovation project, 62 Panache Street offers a rock solid foundation with serious upside.

Set on a flat, usable 608m² block, this property is a textbook "renovator's delight" featuring solid brick walls, good bones and space that can make for a rewarding transformation.

This property is a 3 bed, 1 bath home with a double carport. It's currently leased at $700/week until October 2026, providing immediate holding income while you finalise your plans.

Whether you intend to strip it back and renovate for a primary residence or hold it for the long term, the logic is supported by the data. Molendinar has seen an 11.4% jump in median rental prices over the last 12 months with increasing demand.

The block is the standout feature. It's flat, functional, and offers plenty of space for a pool or a massive outdoor extension. This is an entry level opportunity to get into a high demand market and build genuine equity through a renovation.

The Numbers:
• 608m2 flat, usable land
• Currently leased at $700pw until 08 October 2026
• Rates: $1,436.24 (Jan 26 - June 26)
• Water: $440.03 (Last quarter)
• NBN: HFC (Hybrid Fibre Coaxial) available per seller disclosure

It's got the bones, it's got the land, and it's priced for someone to take it to the next level.

For further details, contact Tyler Smith.

Disclaimer: PRD Ashmore 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 buyers should make their own enquiries to verify the information contained herein.

Type: House
Bedrooms: 3
Bathrooms: 1
Parkings: 2
Area: 608 m²
House Size: 94 m²

Map & nearby places — 62 Panache Street, Molendinar, Qld 4214

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Tyler Smith

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62 Panache Street, Molendinar, Qld 4214

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