Molendinar Deceased Estate Sale

21 April, 2017 / Steve Macgregor

Molendinar Deceased Estate Sale

An investment opportunity in an established industrial estate at Molendinar on the northern Gold Coast is being offered for sale via auction through Ray White Industrial Gold Coast.

The property at 5/4 Resources Court, Molendinar, is being marketed by Ray White Industrial Gold Coast Team Leader Steve Macgregor on behalf of a deceased estate.

Steve Macgregor said the approximately 207 sqm warehouse with an additional 51 sqm of mezzanine storage is currently leased for $24,850 per annum.

“This investment opportunity is in a strata-titled complex of five lots,” he said.

“The property comprises an open plan warehouse, a reception/showroom and two individual offices. The warehouse has 3 phase power and there are three allocated car parks.”

Steve Macgregor said the property is in a premier industrial precinct which is in high demand due to its northern Gold Coast location close to the M1 Motorway.

“The industrial estate is approximately 3km from Southport CBD and 5km west of Bundall,” he said.

“Molendinar is widely regarded as the most central industrial estate on the Gold Coast. Many national companies call Molendinar home such as G James Glass, King Springs, Plaster Master, Blue Scope Steel, Capral Aluminium plus the local Surfside Bus depot.”

The auction will be held at 11am, Thursday 25 May 2017 at the Gold Coast Turf Club, Bundall.