62 Panache Street, Molendinar, Qld 4214

$1,000,000 Buyers

House
Type
3
Bedrooms
1
Bathrooms
2
Parkings
608 m²
Area

Published on Thursday, April 23, 2026 ( See property details for 62 Panache Street, Molendinar, Qld 4214)

$1,000,000 Buyers

  • 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

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.

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.
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

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

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