87 Mitchell ParadeMollymook Beach NSW 2539
Property Details for 87 Mitchell Pde, Mollymook Beach
87 Mitchell Pde, Mollymook Beach is a 8 bedroom, 4 bathroom Unit. The property has a land size of 749m2. While the property is not currently for sale or for rent, it was last sold in April 2021.
Last Listing description (September 2026)
Opportunities this unique in Mollymook Beach are exceptionally hard to find. Set on approximately 739.8m and offered as four separate two-bedroom units on one title, this property presents an outstanding proposition for investors, developers, holidaymakers and those looking to secure a substantial holding in one of the South Coast's most tightly held coastal locations.
Currently configured with two permanent rentals and two short-term rentals, the property provides the opportunity to generate income from day one, with the flexibility to continue the existing mix or explore alternative rental strategies into the future. Each unit is separately metered for electricity, while four off-street hardstand parking spaces service the property.
For those looking beyond the existing improvements, the size, position and configuration of the site make this an exciting long-term proposition. Zoned R2 Low Density Residential and occupying a prominent corner allotment, buyers may wish to investigate redevelopment, reconfiguration or further improvement of the site, subject to council approval and all necessary due diligence.
Then there is the location, approximately 250 metres from the Duck Pond and access to Mollymook Beach, this is the kind of position that underpins both rental demand and long-term property value. Mollymook Shopping Village is approximately 400 metres away, while Bannisters by the Sea, Bannisters Pavilion, Gwylo and some of the area's most recognised dining and lifestyle destinations are all within walking distance.
Whether retained as a four-unit investment, enhanced over time, utilised across permanent and holiday accommodation, or held with a view to future redevelopment, this is an incredibly versatile asset in a location where opportunities of this nature are rarely offered.
Key Features:
4x Two-bedroom, one-bathroom units offered together on one title
Approximately 739.8m corner allotment
R2 Low Density Residential zoning
Currently two permanent rentals and two short-term rentals
Separately metered electricity
4x Off-street hardstand parking spaces
Approximately 250m to the Mollymook Beach access track
Approximately 400m to Mollymook Shopping Village
Moments from Bannisters Pavilion, Bannisters by the Sea and Gwylo
Outstanding investment, landholding and future development potential, subject to council approval
Property History for 87 Mitchell Pde, Mollymook Beach, NSW 2539
- 02 Sep 2026Listed for Sale $1,950,000
- 20 Apr 2021Sold
Recent sales nearby
See more recent sales nearby/assets/perm/vx32by4hgyi6pmn2oxts2fnpsu?signature=e7469a75fffb5a3a2c954b151eb90cd6acf433924b7783c69c730075ac7188d9){kind=logo}
0
/assets/perm/jsq3wf64fui63jeu4vc6jrqa6y?signature=95c6aadef32c5994857f9502add196c43e1a6a33584e5bc53e6dea6436354ab9){kind=logo}
0
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
0About Mollymook Beach 2539
The size of Mollymook Beach is approximately 3.3 square kilometres. There are 12 parks, covering nearly 34.3% of the total area. The population of Mollymook Beach in 2016 was 2447 people. By 2021 the population was 2531 showing a population growth of 3.4% in the area during that time. The predominant age group in Mollymook Beach is 60-69 years. Households in Mollymook Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mollymook Beach work in a professional occupation.In 2021, 80.20% of the homes in Mollymook Beach were owner-occupied compared with 77.30% in 2016.
Mollymook Beach has 2,024 properties. Over the last 5 years, Houses in Mollymook Beach have seen a 17.70% increase in median value, while Units have seen a 23.42% increase. As at 31 August 2026:
- The median value for Houses in Mollymook Beach is $1,072,367 while the median value for Units is $769,503.
- Houses have a median rent of $650 while Units have a median rent of $525.
Suburb Insights for Mollymook Beach 2539
Market Insights
Mollymook Beach Trends for Houses
N/A
N/A
View TrendN/A
N/A
Mollymook Beach Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
