62
Panache
Street
molendinar
QLD,
4214
$1,000,000 Buyers
3
1
2
Property: 94 sqm
Land: 608 sqm
First Home Owners & Investors Be Quick
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.
Agents
Nearby Schools
About molendinar
median House price
1210000suburb growth
11.5%median House rent
950suburb rental yield
4.1%Similar Properties
Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.
