1/23 Expansion Street, Molendinar - a 'duplex' style tilt panel industrial unit positioned in a well established estate. This opportunity delivers valuable holding income, giving the incoming owners both security and flexibility while they assess future plans.
Key Fundamentals:
• 605 m2* total area
• 487m2* of council approved floor space
• Short term lease allowing for holding income for the new owner
• Versatile layout featuring high-clearance warehousing and modern offices, including a fully air- conditioned boardroom and multiple private work-zones
• Ample parking with 11 total bays, featuring 6 exclusive (2 undercover) and additional shared spaces for flexibility
• 3 Phase power outlet
• Full-height roller door with additional pedestrian access to both warehouse and reception area
• Exclusive lunchroom, kitchenette and male / female amenities
• To be sold as a going concern with no GST applicable to sale price
• Will be sold on or before auction
Auction to be held 11:00am Saturday 14th Febuary 2026 at the Southport Yacht Club, Main Beach.
Remaining Inspection Times:
Monday 9th Feb | 3:30 - 4:00pm
Wednesday 11th Feb | 3:30 - 4:00pm
Friday 13th Feb | 4:00 - 4:30pm
For more information or to arrange an inspection, please contact the exclusive marketing agents Mason Wilkinson on 0455 187 766 or Kris Sonter on 0410 082 283
* Denotes approximation only
The size of Molendinar is approximately 7.7 square kilometres. It has 15 parks covering nearly 7.2% of total area. The population of Molendinar in 2016 was 6375 people. By 2021 the population was 6450 showing a population growth of 1.2% in the area during that time. The predominant age group in Molendinar is 40-49 years. Households in Molendinar are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Molendinar work in a professional occupation.In 2021, 63.00% of the homes in Molendinar were owner-occupied compared with 59.90% in 2016.
Molendinar has 3,400 properties. Over the last 5 years, Houses in Molendinar have seen a 85.59% increase in median value, while Units have seen a 158.22% increase. As at 28 February 2026:
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