2 Mitchell Ave, Molendinar is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 708m2 and floor size of 165m2. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 5 bedroom House sold in Molendinar in the last 12 months.
Sellers have purchased elsewhere, property will be sold!
Whether you're an investor seeking holding income with redevelopment potential, or a buyer seeking flexible living arrangements with strong long term value, this Molendinar home offers both current return and future opportunity.
Set on a quiet Molendinar street at the end of a Cul de sac, this 708 Sqm property hosts dual living on a Residential A zoned block. Delivering a refined investment opportunity with immediate income and meaningful redevelopment potential. The main residence presents a comfortable 4 bedroom layout, two living areas, and a kitchen and dining space, all flowing to a welcoming indoor/outdoor living that suits both everyday family life and formal entertaining.
At the rear, a private and self contained granny flat offers versatile options from a teenagers retreat or guest suite to a dedicated home office, the options are endless. The granny flat has its own entry for privacy and convenience, enhancing both liveability and income potential.
The backyard offers a private and inviting retreat, featuring beautifully maintained gardens that create a peaceful outdoor setting. There is also a versatile mancave/shed that provides the perfect space for a workshop, storage, or relaxed entertaining area, adding both lifestyle appeal and practicality to the home.
The property is also equipped with a range of practical and energy efficient features, including a 5,000 litre water tank to support the gardens, brand new pumps, and a recently installed 3kW GoodWe solar power system (just 3 months old), with the current owners noting they haven't paid an electricity bill since installation. Additionally, a 410 litre solar hot water system further enhances the home's efficiency and long term cost savings.
The property's position in a sought after Gold Coast pocket ensures easy access to shops, schools, parks, and dining. Beaches and major transport routes are within a short drive, adding to the property's long term appeal.
Zoning and development notes: This property is on Residential A land, typically supporting low to mid density residential uses. It presents a strong knockdown or redevelopment opportunity for investors or developers, subject to Gold Coast City Council approvals and planning constraints. In the meantime, the existing dual living configuration delivers immediate rental potential and a clear path to future upside.
For inspections and more details, contact Tom and Gina today to arrange a viewing.
"The furniture and dcor shown in some of these images are digitally staged and do not reflect the actual furnishings in the property."
Prospective purchases should make their own enquiries to verify the information contained herein.
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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 90.23% increase in median value, while Units have seen a 143.93% increase. As at 31 March 2026:
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